TCF National Bank Bank Account Or Service Complaint

Other bank product/service Account opening, closing, or management

TCF National Bank Bank account or service department,

Other bank product/service Account opening, closing, or management Minnesota

I requested a payoff letter for my loan and was told it would take 5 business days to process my request. I explained that I needed to close on a refinance the next day and would come to the bank to collect the payoff amount in writing. The bank told me that they could not accommodate this. I explained that I would lose my lock on the rate and no fee refi, but it did not matter. They could not help me and would not issue a letter designating the 10 day payoff amount, even if I went to the bank to get it. The bank that is refinancing my loan was highly surprised as they could do this as a same day service and expected that TCF Bank could do this as well. I will need to resubmit my loan and lose the free refinance as well as an excellent rate.

TCF National Bank customer in Minnesota
Jun 23, 2016

* Source: CFPB Complaint Database

TCF National Bank response to complaint:
Closed with explanation

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