posted on Aug, 12 2010 @ 07:10 PM
I use a small regional bank. I opted in for the ODC because, as has been stated, sometimes "life happens".
My feelings about this bank are sort of double edged. I hate the fact that they do all debits before credits, but I know why and have expressed my
disgust to more than one branch manager about it. On the other side (and the reason why I still bank with them), they are very customer friendly and
I trust that my account is secure with them.
While it may seem a hassle, I always have to tell them when and how long I am going to be out of state (when I vacation), they do always notify me of
out of the ordinary purchases (especially online) that I routinely have to confirm, their account safety online is top notch (requiring several levels
before being able to access acct info), and the tellers and managers and lenders are all nice people.
So, when they called me and asked if I wanted to extend it, I said yes, for that one single principal of their that I do not like (debit then credit).
As to the debit card transactions, no ATM will allow more than is positively available to be withdrawn, only works in increments of $10 (so you cant
get the last $7 or $8 out at an ATM), store purchases on a debit card will not approve if they exceed the available balance and even a gas pump will
decline if the pre-auth amount is not available.
However, they will process the first single check to arrive for processing before the account goes below $0. No checks will process after that and no
debit card or ATM attempts will authorize.
I like the practice because at least I know that my rent check (the only one I write each month) will always clear as long as my account has a
So, all in all, I get frustrated with them sometimes, but for the most part they are not the worst of a necessary evil.