Sovereign Bank Complaint - Checking Account
COLONIA, NEW JERSEY -- About a year ago, I opened a no fee, low balance required checking account at Sovereign Bank.
Recently I discovered my account has been debited $12 every month for a so-called inactivity fee. How low can a banking institution possibly go?? If the bank was dissatisfied with my non-usage of my checking account, should they have not closed it and return the balance?? This is paramount to outright thievery! Let the depositor beware!