Review and analysis of over 8 (Cd) Certificate Of Deposit complaints against State Farm Bank
State Farm Bank consumers have reported over 8 official complaints related to (CD) Certificate of deposit. Out of the 8 consumer complaints against State Farm Bank, 50% were disputed by the consumer (i.e. the consumer was not happy with how State Farm Bank responded to their complaint) and 100% were processed in a timely manner. 25% of consumer complaints against State Farm Bank resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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State Farm Bank Bank account or service account opening, closing, or management April 21, 2015 - I opened a traditional IRA for $6500.00 with State Farm Bank in - -, for tax year -. The agent erroneously identified the account as a rollover. I did not notice the error until this year when I did my - taxes. When I asked the agent to correct the error, she said it was too late and that I should instead amend my - tax return. The bank offered to reimburse me for the nearly $2000.00 in additional income tax, but not for any penalty or interest, nor for the additional tax I would owe for - on the $2000.00 reimbursement. I have repeatedly asked why the bank ca n't just i... |