Checking account Account opening, closing, or management
Banco Popular North America Bank account or service department,
Checking account Account opening, closing, or management New York
This complaint is in reference to Popular Community bank 's $120.00. bonus checking account promotion now in effect. Here are the small print rules : http : - Retirees get once a month direct deposit checks. Since it takes the Treasury /Social Security 10-12 days to set up a new electronic bridge to the bank ... it is simply impossible for retirees to have - checks deposited into the new account within a strict 90 day window as specified by the bank. The third direct deposit would always exceed the 90 day window-so the customer would forfeit their $ -. The bank might as well have advertised people who do n't work ( earn weekly or bi-monthly paychecks ) need not apply. The - checks within 90 days rule blatantly discriminates against the elderly, the - and others who receive once a month income.
Banco Popular North America customer in New York
Jan 21, 2016
* Source: CFPB Complaint Database
Banco Popular North America response to complaint:
Closed with explanation
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