Citizens Bank Informative - Bunch Of Crooks - Checking Account
These people are crooks. Even though a check is processed after midnight which is considered the next day, Citizens Bank backdates the debit to be the date of the previous day because they know you did not have the funds the previous day in order to create an overdraft and charge fees.
If this were not enough they then allow the overdraft fees themselves to cause a new set of overdrafts and as if this were not enough they restate all the previous days transactions and even those that had gone through okay the date of the original overdrafts are somehow have a new life and they become overdrafts. Bottom line is run from the hills from Citizens Bank as they have programmed their computers to steal your money. Stay away!!!!