Pissed Consumer - Closed and kept monies in 2 savings accounts without notifying me

Home » Consumer Reviews » OTHER » Closed and kept monies in 2 savings accounts without notifying me

Closed and kept monies in 2 savings accounts without notifying me

May 25, 2008

Washington Mutual complaint

I recently found 2 savings account books with $500 total, in my children's name, when the bank was called American Savings who WaMu bought out. Even though it has been 7 years, I never closed these accounts. Neither book has been stamped "closed" which banks use to do.

When I called WaMu about it, they told me they had no record of either account. Funny how they could find my kids names in the system, but not their money. They never sent a warning letter to me of inactivity on the accounts and to do something about it. Instead, they took care of it for me by closing both accounts out, keeping my money and claiming ignorance.

More Washington Mutual Reviews

Discuss
Washington Mutual News

on our forums

Quote this article on your site | Views: 190

Comments (1)

1. Written by Tom Whatley, on 27-05-2008 09:42

For inactive accounts, the money is escheated to the state. Contact the state agency that handles unclaimed property (In CA, The controller) and you can get the money back, with interest.

Report

Comments on Closed and kept monies in 2 savings accounts without notifying me
Consumer Forum is another great place to discuss consumer concerns NOT RELATED to this article.
Name:
Comment:

Code:* Code
I wish to be contacted by email regarding additional comments