Help! My Bank Dumped Me

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By Geoff Williams

If you ever get the feeling sometimes that your bank isn’t all that interested in you as a customer, don’t assume you’re being paranoid. After all, as the old saying goes, you’re only paranoid when you’re wrong. Banks do sometimes drop customers. In case you’re feeling like you could soon be without a bank account, here are some reasons financial institutions sometimes kick customers to the curb.

You owe the bank money. This is by far the most common reason any consumer is dumped by their bank. Nina Heck has seen this happen a lot. Heck is the advocacy director and assistant to the CEO at Guidewell Financial Solutions, a Baltimore-based credit and debt counseling service.

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