M&T Bank Corporation Bank Account Or Service Complaint

M&T Bank Corporation Bank account or service department,

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

Traditional IRA account opened with predecessor bank, -, for a 60 month CD that matured -/-/-. Upon maturity of the CD I requested that the proceeds be transferred to a new IRA Custodian. M & T Bank applied a $75.00 " - '' and deducted this amount from the transfer ( took the money out of my IRA account ). I was never told of this fee, I was never asked if I wanted to pay the fee separately rather than have it deducted from savings, and the original IRA agreement with - made no mention of this egregious fee.