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To: wcas
I would contact the bank's regulator first with a telephone call (it's likely to be the FDIC (1-800-378-9581); if not, try the OCC (1-800-613-6743) or OTS (1-800-842-6929)) and see if they agree with you. If they do agree that the bank should honor the instrument, and the bank still won't do anything, write a formal complaint letter to the bank regulator and send a copy to the president of the bank.

For what it is worth, I think failing to honor a legitimate check drawn on the bank is a no-no -- certainly coercing you to open an account with them in order just to have a legitimate check on their own institution honored is not appropriate behavior on the bank's part in my opinion.

If you end up writing a letter, include this information (taken verbatim from the FDIC website):

  • Complainant's name, address, telephone number;
  • The institution's name and address;
  • Type of account involved in the complaint--checking, savings, or loan--and account numbers, if applicable;
  • Description of the complaint, including specific dates and the institution's actions (copies of pertinent information or correspondence are also helpful);
  • Date of contact and the names of individuals contacted at the institution with their responses;
  • Complainant's signature and the date the complaint is being submitted to the regulatory agency.

And here are the addresses for written consumer complaints:

Federal Deposit Insurance Corporation
Division of Supervision and Consumer Protection
550 Seventeenth Street, NW
Washington, DC 20429



Office of Thrift Supervision
Consumer Affairs Office
1700 G Street, NW
Washington, DC 20552



Office of the Comptroller of the Currency
Customer Assistance Group
1301 McKinney Street
Suite 3710
Houston, TX 77010



23 posted on 04/08/2006 5:52:50 PM PDT by snowsislander
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To: snowsislander

A great reply! Thanks for the info!


24 posted on 04/08/2006 5:58:13 PM PDT by jigsaw (Cynthia McKinney has changed her name to Shooter Lippy.)
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To: snowsislander
Good luck.

You will get no where except in the shred bin.

Any financial institution can refuse service to anyone they want to pretty much.

If they suspect fraud--thats all they need to say and case closed.

25 posted on 04/08/2006 5:58:57 PM PDT by maui_hawaii
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To: snowsislander

FDIC doesn't have anything to do with this whatsoever as well.


26 posted on 04/08/2006 6:00:34 PM PDT by maui_hawaii
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To: snowsislander

You get an award for the most helpful and informative post of the week for sure. Great FReeper Form! Way to Go!


48 posted on 04/08/2006 10:08:48 PM PDT by BJungNan
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