Regions Financial Corporation Bank Account Or Service Complaint

Checking account Problems caused by my funds being low

Regions Financial Corporation Bank account or service department,

Checking account Problems caused by my funds being low Florida

My bank, Regions, has a way of classifying some transactions as pending. They stay in that status for various lengths of time based on some factor not known to me. My issue is that if my projected balance resulting from pending transactions reaches negative, Regions charges me a service fee, EVEN IF I make a deposit to cover the negative balance BEFORE the transaction that takes me negative is moved to non-pending status. The result is overdraft charges in my statement that appear without my balance ever going negative. This strikes me as Regions " having it - ways. '' The way I see it, if I take care of a " pending '' negative balance before it is no longer pending, I should n't be charged.

Regions Financial Corporation customer in Florida
Sep 16, 2016

* Source: CFPB Complaint Database

Regions Financial Corporation response to complaint:
Closed with monetary relief

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