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Old 12-23-2008, 11:54 PM
Intoodeep80 Intoodeep80 is offline
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Exclamation How does a bank lose a deposit?!

I deposited $270 cash into my bank account, through the drive thru Saturday. Checked my account online Monday and it showed a $270 deposit.

Today my lease payment debited out of my account. I went to check to make sure everything was ok and lone and behold - I was in overdraft and the deposit that was listed yesterday is totally gone from the system!

I went into the branch with my transaction receipt, they have no record whatsoever of the deposit, they opened an "investigation" and said I would have my funds tonight or tomorrow. I told them tonight or Im going into the branch tomorrow livid. They admitted it was a bank error, and I wouldnt be responsible for any addt'l charges from the bank. Still, its an annoyance to me. I trust the bank to know what they are doing with my money, whether its $5 or $50000. Thank God I saved my transaction receipt - I usually just shred them.

It was TCF bank. What does TCF stand for anyways - Taking Cash Friviously?

Has anybody else had an issue like this >
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Old 12-24-2008, 04:55 PM
Intoodeep80 Intoodeep80 is offline
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Default Re: How does a bank lose a deposit?!

OOoohhhkkkk, no replies, eh?

Branch Manager called me this morning, the teller didnt turn in the deposit slip on their end. The money was re-deposited into my account. However they still made out with $2.17 of my money, how that happened I dont know.

Either way, issue resolved.
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Old 12-24-2008, 10:38 PM
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GarySpicuzza GarySpicuzza is offline
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Default Re: How does a bank lose a deposit?!

Intoodeep80, this site is slow but most all financial sites are.

If it's not politics, religion, sex or celebrity scandal most people aren't interested. Sound financial advice is boring and most people don't take it anyway. They follow instead the alluring advice of the Bernard Madoff's of the world to their eventual financial ruin.

Your TCF caught my eye....that's funny!
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Old 01-18-2009, 01:47 PM
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brian brian is offline
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Default Re: How does a bank lose a deposit?!

The scary thing is that apparently this sort of issue is much more common than most people realise!
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Old 02-12-2009, 07:56 PM
ElliotClark ElliotClark is offline
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Default Re: How does a bank lose a deposit?!

They lose, when they give out loan stupidly, so that it is never repaid
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