M&T Bank - Excessive ATM Fees
Savings Account ATM Usage - Complaint
BALTIMORE, MARYLAND -- Apparently the bank, in their usual manner, issued a notice in small letters at the bottom of a statement that they were to charge a fee for each and every ATM withdrawel over 4 per statement period (1 month). I still haven't found that notice! This fee was to be $5.00 per transaction. This is in addition to the $2.50 fee if you use another banks ATM.
In July my wife used the ATM 20 times to acces HER money so M&T charged her $80.00 in fees. During the same oeriod they paid he $.01 in interest. It looks to me like they want to penalize you to keep YOUR money where THEY can have access to it to use as they see fit. When I called them I was told TOO BAD no refunds for you. That is why by September 1st the account will be closed and in another bank that appreciates my business.