The East Carolina Bank ECB Is $18,000 in Bank Fees in One Year Morally Correct from a

5th of Dec, 2011 by User872237

I am sure your first thought is No Way. Well what you are about to read is true. My local friendly bank charged me over $18,000 in fees in one year. The same year mind you that they received 18 million in stimulus money.
Ok so how did this happen. Two reasons and I take the blame. I was focused on building a new business and not paying attention to details. Second, they have a confusing online banking system that makes it difficult not only for me but other bankers, lawyers and individuals to understand. To date I have had no response to emails sent to the CEO, the board of directors or anyone else at ECB. The responses from complaints filed are filled with inaccurate statements and they maintain their position they are entitled to every penny.
Without going to court and hiring a huge firm to fight a battle I may win, I still would loose it all in fees, now to attorneys.
They may be right legally, they wrote the rules, but are they right morally? At what point is enough, enough. Their aggressive tactics have forced me to shut down my retail location and move into a storage facility to liquidate my assets.
I thought the community bank was their to support the community and help build business. I guess I made a bad choice of banks.

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