Monitoring my payroll deposit between STCU, Varo, and Robinhood. Payroll spooled out Wednesday 18th with a post date of the 20th.
Varo: Deposited & Released 19th
Robinhood: Deposited & Released 19th
STCU: Held Funds till post date of the 20th
This is the second time catching STCU holding funds, only releasing funds on posting date.
STCU has lost my trust. Changed my deposit % away from STCU. Screenshots (pix attached) are google results of STCU documentation and statements.
Reading my STCU account activity, Same calendar date Debits posted before Credits.
Years ago, Washington Mutual was fined and sued for posting Debits before Credits, causing compounded NSF fees to increase their revenue.
If you're an account holder, and if you see Debits posting before Credits on a calendar date. A NCUA complaint would be prudent.
CEO Lindsey Myhre and Board Members;
Justin Botejue
Catherine Brazil
Bill DeReu
Addy Hatch
Steven Jones
Chris Morlan
Jeff Perkins
Mike Rennaker
Dori Sonntag
Kathryn Gores
Lisa McCann
Wayne Leonard
Should take a pay cut for Unethical Business Practices, not honoring deposit statement in their own documentation.
-= Signs of instability =- read more