My son opened a Sovereign Bank checking account prior to leaving for boot camp and overseas deployment & now they apply inactivity charges.
 

While he was in boot camp I received his mail.  One day I opened his Sovereign Bank checking statement and found a inactivity deduction for $12.00.

The next month there was another inactivity $12.00 deduction.

I called customer service and explained that my son was in boot camp for 17 weeks.  The response was too bad, this is our policy.  I attended his graduation where he received his orders.  I explained to him the Sovereign Bank policy about his so-called free checking account.

He has now been deployed to the middle east.  I have tried to close his account with negative results since my name is not on the account and no one at customer service gives a hoot.  I just received his December, statement with a $0 balance.  Luckily, I was able to get his military pay into another bank.

I strongly suggest that all parents of military children avoid the Sovereign Bank or lose your children's money.

John Reardon, jhr111@mail.com

 
Please provide ideas & experiences for other visitors.
               From: Name  (Email optional)
Topic:
Comment:

Comments will be screened for suitability before being posted and therefore will not appear immediately.