That depends, what were the circumstances?What is the name of your state (only U.S. law)? Il
Is it legal for a bank to disclose my transaction history to someone who is not authorized on my account?
What is the name of your state (only U.S. law)? Il
Is it legal for a bank to disclose my transaction history to someone who is not authorized on my account?
Checks cannot be written on savings accounts. Did you deposit a check that had no funds? I suggest you bank somewhere else.I have a savings account at a credit union. There was a check that was returned, before the bank discussed anything with me they disclosed all my informtion on my account to someone else. This person is my grandmother. I never signed any paper saying that she was authorized to make any tranactions on my account or make any decisions on my account. I believe the bank disclosed this information to her as a way to get money from her. They know her very well and they know she will pay off any negative accounts. But the made it seem that if she didn't pay for my account money would be taken from her aaccount. Again we have seperate accounts and her name is not on my account and neither is my name on her account.
Sure they can -Checks cannot be written on savings accounts. Did you deposit a check that had no funds? I suggest you bank somewhere else.
An MMA is actually a demand deposit account, not a savings account. A savings account is a different beast all together.Sure they can -
Just the first Google site turns up a CU that offers check writing against savings (ok, MMA)
https://www.penfed.org/productsandrates/checkingandsavings/moneymarketsavingsaccount.asp
Yet, there it is in the link I posted, listed as a savings account.An MMA is actually a demand deposit account, not a savings account. A savings account is a different beast all together.