I have several accounts and my mortgage loan through Horicon bank, recently I was moving my money around as I usually do but due to a death in the family I didn't realize in moving the money around my account would be over drawn. I was shocked to find out that they do not send auto emails to alert customers of an overdraft, instead a letter is sent via snail mail! I would have sorted this out same day and avoided the trouble that followed.
Because I moved money to savings a check for didn't clear, this was returned and I was charged 2 over drafts fees. I called and asked if I needed to send another check and explained the issue, that rep advised yes you will need to pay that bill again and rudely advised "we have to many customers to email you, that is why we have online banking". I asked for the fee's to be removed, she had to check with the supervisor and get back to me. She followed up 3 days later to inform me they would only remove one fee. I accepted that and thought I would move on.
However that is not where this issue stopped, after I spoke with the Horicon bank worker I called the loan company regarding the returned payment. I was told by both ends the bill would need to be paid again so I sent another check, only to find out that the first check was re-submitted by the loan company and paid by Horicon bank as well as my new check. At no time was I informed this could happen by either party. Since I do not work in banking there would be no way for me to know. I called again and spoke with Adrian but was basically told there is nothing more Horicon bank would do for me, all I asked for was the additional service fee to be refunded as I now paid this bill twice and was out an additional $30.
In the end I am disappointed but know it was intimately my error, I just cannot believe that in this technology driven world a bank couldn't automatically trigger an email alert instead of a letter or since I have been long time customer with multiple accounts and cash in all of them they couldn't cover this and contacted me. I will be re-thinking where my family and companies does business. read more