M&T Bank Complaint - M&T Banking Practices
POTTSVILLE, PENNSYLVANIA -- M&T Bank uses software which posts debits in descending order from highest amount to lowest. It first posts debits and than credits regardless of the chronological order that they arrived at the bank. Consequently, there is a higher probability that the bank will be able to charge insufficient fund fees with the elderly, disabled, and working poor as well as veterans and any one else living on a pension. The customer service is not at all helpful in dealing with unauthorized charges or premature charge in violation of contract dates. Their response is it isn't the banks fault.