"Consumer Reviews on Companies, Products and Services"

USER REVIEWS (Tom L.)

Wachovia Bank, NA`
Tom Lastrapes May 7, 2009
On 04/10/2009 I had a CD with Wachovia Bank mature. I was never sent notice my CD had matured as I was assured I would by a representative when I opened it. I telephoned today to inquire about the CD and was told it matured April 10th and it was automatically rolled over into a CD bearing .75%. Over $20, 000 invested in a .75% CD!!! Who in their right mind would do that? They do not inform their customers that the CD has matured and then automatically roll it over into a CD bearing a ridiculously low rate of return no one in their right mind... read full review »
Filled under: Business & Finances Location: United States

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