Archive for September 2012


NASA FCU Responds

September 25th, 2012 — 7:43pm

I sent NASA FCU my letter of intent. Here is the response. I guess I have some paperwork fill out.

I received your letter dated September 2012 and postmarked September 20, 2012 in today’s mail. Your complaint about the handling of two loans in 2010 has already been addressed. The NCUA received your complaint in February 2011 and notified you of their conclusion in a letter dated April 14, 2011.

We consider this matter closed.

Comment » | Banks Behaving Badly

Trust Account

September 25th, 2012 — 7:41pm

I store my tenants’ deposits in a trust account with Wells Fargo as required by law. It’s really just a checking account. They told me there is no difference between a regular account and a trust account. But then they decided to start charging fees on all their accounts. They would not make an exception for trust accounts. However, I was told they would lower the minimum account balance to avoid the fee to $700 on my account.

Then several weeks later, $7 suddenly comes out of that account. I yelled at them; they replaced the money, but now I have to find another bank. Rats.

Comment » | Banks Behaving Badly

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