Results 1 to 6 of 6
  1. #1
    All-Star
    Points: 23,291, Level: 46
    Level completed: 75%, Points required for next Level: 259
    Overall activity: 1.0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    May 2006
    Posts
    1,199
    Points
    23,291
    Level
    46
    Thumbs Up
    Received: 10
    Given: 0

    Anyone use Bankers Trust?

    I have two commercial checking, one commercial savings, and one personal checking accounts with them. On my commercial statements I've been noticing an 'Analysis Service Fee' that's been deducted each month. It varies in amount, usually between $5 and $20. I called a customer service rep, but she couldn't explain what exactly the fee was for (ugh). So I asked her to transfer me to someone who could explain it. Of course the person she transferred me to was gone for the day, so I'll wait to hear back tomorrow.

    Anyway, anyone use Bankers Trust or another bank that charges Analysis Service Fees? If so, do you know exactly what they are for?

    For the most part I've been happy with Bankers Trust, but being charged mysterious fees even their customer service reps can't explain is enough to get me to switch. Then again, is there such a bank out there that doesn't nickel and dime customers with ridiculous fees?



  2. #2
    Speechless
    Points: 646,566, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 41.0%
    Achievements:
    50000 Experience PointsVeteranOverdrive
    3TrueFans's Avatar
    Join Date
    Sep 2009
    Location
    Ames
    Posts
    23,779
    Points
    646,566
    Level
    100
    Thumbs Up
    Received: 1,441
    Given: 135

    Re: Anyone use Bankers Trust?

    Fees for transactions on the business accounts, credits, debits, items/cash deposited, things like that. Ask to see the fee schedule and you can see exactly what the fees are, I just briefly looked at their website and didn't see it, but I didn't look that closely.



  3. #3
    Pro
    Points: 46,702, Level: 66
    Level completed: 83%, Points required for next Level: 248
    Overall activity: 13.0%
    Achievements:
    25000 Experience PointsVeteran
    Daserop's Avatar
    Join Date
    Feb 2011
    Location
    The Bebop
    Posts
    2,650
    Points
    46,702
    Level
    66
    Thumbs Up
    Received: 114
    Given: 214

    Re: Anyone use Bankers Trust?

    I have a safe in the basement, I could hang on to that money for ya. On a serious note I have heard that Ally bank is pretty decent with respect to not charging fees.



  4. #4
    Pro
    Points: 60,171, Level: 76
    Level completed: 8%, Points required for next Level: 1,479
    Overall activity: 22.0%
    Achievements:
    Veteran50000 Experience Points
    BigLame's Avatar
    Join Date
    Feb 2008
    Location
    Western IA
    Posts
    2,650
    Points
    60,171
    Level
    76
    Thumbs Up
    Received: 84
    Given: 107

    Re: Anyone use Bankers Trust?

    For a business account banks usually have some sort of analysis, and within the charges are based upon the number of items you have go through each month: debit, credits, checks, deposits - what have you

    Also within one would normally be able to earn a credit on which to offset some or all of these charges. This depends upon the average balance and a short term interest rate within the analysis - typically a 90 day T bill or shorter maturity.

    Beings rates on debt from the US Treasury are at all time lows, these credits earned in the past to offset charges are now gone. With what happened with the interchange fees being capped, you will likely see more changes with these types of accounts, too.


    “I heard that Snooki, Pauly D and The Situation will each make $5 million for this season’s ‘Jersey Shore.’ It just goes to show that if you put your mind to something and work hard, you’re wasting your time.” -- Jimmy Fallon

  5. #5
    Legend
    Points: 203,918, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 33.0%
    Achievements:
    SocialCreated Album picturesVeteran50000 Experience Points
    dmclone's Avatar
    Join Date
    Oct 2006
    Location
    50131
    Posts
    13,377
    Points
    203,918
    Level
    100
    Thumbs Up
    Received: 219
    Given: 322

    Re: Anyone use Bankers Trust?

    I've been very happy with Ally, even more than my local CU. Although it's a pain to deposit checks.



  6. #6
    Pro
    Points: 73,504, Level: 84
    Level completed: 21%, Points required for next Level: 1,346
    Overall activity: 7.0%
    Achievements:
    Social50000 Experience PointsVeteran
    SNEDDS3's Avatar
    Join Date
    Apr 2010
    Location
    Cedar Rapids, IA
    Posts
    2,393
    Points
    73,504
    Level
    84
    Thumbs Up
    Received: 35
    Given: 13
    *Rest in peace corn dog chick

    "what you dont know is that treehouse masters is just mansions for WVU fans"


    CF Fantasy Football Champ 2013


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • Football
  • Iowa State vs. North Dakota State
  • August 30, 2014
  • 11:00 AM