Uploaded on Nov 17, 2011
The banks use OUR MONEY and invest it in a variety of ways. We trust them to keep our money safe and make it available to us. In return what do they do? Let see, charge us fees to use OUR MONEY, checking account fees, ATM fees, minimum balance fees, courtesy check fees, you name it that have a fee for it. And what do we do pay. Did I mention they invest our money overnight and make interest off it and we get........nothing.
Ok so now we bail out the banks for making bad decisions that they made. While all this is going on they still put on the face as being your friendly community bank you can trust, But can you? Who bails us out when the bank charges horrendous fees.
My business is days from closing thanks to East Carolina Bank. Neither The Board of Directors, The President or anyone else has responded with any compassion.
In ONE (1) Year I was charged almost $18,000 in fees by my friendly local bank. Does anyone there care? No. While banking there no one could answer any question on their confusing online banking system. They could not look at a computer screen and tell me my balance. They had to use a calculator.
Seems neither of us is financial experts. They cant make loans and I cant understand their old computer system. Only difference is they got bailed out by me and my fellow taxpayers and I was bailed out by no one.
I urge you to pass this on. My doors are almost closed. You can contact me at email@example.com or better yet call the bank:
President/CEO/Director ECB Bancorp/East Carolina Bank
35050 US 264
Engelhard, NC 27824
May God Bless