05 February 2009



I accidentally ran across this on MY3CENTS.COM. There was a class action lawsuit filed against the Bank of America, CLOSSON VS. BANK OF AMERICA, regarding the Bank of America's practice of "rearranging" the posting of debits to customers' accounts. They are posted by amount, with the largest amount first and descending from there on down, instead of by posting date. Customers' checkbook registers are posted by date of transaction, and so a customer can unwittingly incur overdraft fees unless the customer leaves about a hundred dollars or more in the account. This practice is to generate overdraft fees. Fees are now most banks' major source of income.
If you're were a BOA customer from December 6, 2000 to December 31, 2007, a Fleet Bank customer from April 1, 2004 to December 31, 2007, a U. S. Trust Company customer from July 1, 2007 to December 31, 2007, or a customer of either of the LaSalle Banks from October 1, 2007 to December 31, 2007, you may be qualify for a $78.00 cash settlement. I know it's not all that much, but for filling out an online form which takes maybe a minute and a half, it's not bad.
I'm posting this because it's obviously not being publicized, and I wanted to get the word out to as many people as possible. The deadline is MAY 1, 2009. If you print out the form and mail it in, it has to be postmarked by this date. Online filing has to be done by this date.
Click HERE for the notice on My3cents.com. Click HERE for the actual website of the lawsuit and for filing for your cash settlement.
Please share this with others whether you have a blog or not. Bloggers, feel free to either link to this post in your own blog, or copy and paste it. Send it by e-mail too. I would like for as many as possible to know about this before the May 1st deadline.
Thanks to all for your help!


Lisa said...

Thanks Dirk, while I don't have any relationship with any of them I will pass this on to others I know. I hope everyone gets in on the suit too.

Heli gunner Tom said...

Brilliant! I have always disliked people in power who defraud and rip off the 'working class !!' Shame on them, and finally SOME justice. Now, if only the main line "News Medias" would help us disseminate this info...

Waiting for HIS return,
Tom Schuckman
Jesus is Lord.

natalie said...

thanks Dirk for this..interesting~
Thank you too for your comment about Sam.
I hope that my information is correct because it is dated.
I hope that if people write to his blog his daughter will respond.
thanks Dirk!

Missy said...

Dang, I like the way Bank Of America posts. Try banking where I work.. lol!! I won't even bank with my own company. I won't say any names but you are welcome to e-mail me lol.


NoBamaNation said...

I'm a former LaSalle Bank employee (prior to the BofA takeover) and I can tell you that of course LaSalle did that. They did a similar practice on their ATM machines in that if you deposited money in your ATM Account and also took money out the same day, the withdrawl was counted FIRST, so they could charge a fee for over-withdrawing, and would then post the debit to the account.

Funny how that worked. To add insult to injury, not only was I an employee, I was the Architect of the ATM Machine network and deployment when this happened to me! The software development was done at a company in Washington State named "Phoenix Software" and it was in LaSalle's requirements document to do just what I posted above!

So glad I'm no longer with LaSalle (now BofA.) So much so that the very day LaSalle became BofA, I closed every single one of my accounts there, withdrawing just over $100k and moved it to a small, community bank with two branches.

When the branch manager (who knew me on a first name basis) asked me why I was moving my account, I simply said "Because you're Bank of America now, and I hate you mother f***ers.

I hope BofA goes down in all this banking mess. I really do.

Folks, if you really want to keep your money safe and out of the hands of the globalist robber barons, put your money in a small community bank that holds their mortgages. There's no safer bank than that. If they hold their mortgages, you can bet your last dollar that they thoroughly check the credit worthiness of the customers they lend money to, as those assets are on their books.

(By the way, found your blog because you posted on mine, http://www.nobamanation.blogspot.com)

Rand Cardwell said...

I have recommended to all my family and friends to close their accounts with large corporate banks and do business with small local banks and credit unions.