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“Like many people, I was lured in by their higher than...”

Written on: 04/07/2010

Like many people, I was lured in by their higher than average CD rates. What I learned is that they CHEAT YOU ON THE INTEREST. If you're not careful and forget to keep track of how much APR you're supposed to get, they will give you less. I transferred an additional $2K after I had opened my account for $2000 and the high interest rate only applied to the original 2K! After several calls, they finally admitted their mistake and credited to me the missing amount. But this was only after a lot of nagging on my part.

In other words, DO NOT TRUST THEM. I closed my account a few days later and wrote the CEO a letter saying I will never use them again.

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