2017 Shutdown Thread

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This is the thread for 2017. The 2018 discussion can be found here.

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1. SHUTdn by Bank, Credit Card info. (@m3x, chs3 ,c1t1 and [email protected])
2. Length of account before closure and CL?
3. Average monthly account balance checking and savings?
4. Volume of ms per month and how many months?
5. Cycle CL?
6. Did you BP using both options?
- BP by issuing bank (@m3x, chs3, c1t1 and [email protected])
- BP by Vis/MC
7. Did you spell out the bank's full name in an internet forum?
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Old Jun 29, 17, 4:45 pm
  #316  
 
Join Date: May 2015
Posts: 1,066
1. SHUTdn by Bank, USB
2. Length of account before closure and CL? ~1 year
3. Volume of ms per month and how many months? <20K 12
4. Cycle CL? N/A
5. Did you BP using both options? N/A
- BP by issuing bank (@m3x, chs3, c1t1 and [email protected])
- BP by Vis/MC

Got a letter in the mail, interesting that I made a teller deposit today and didn't say anything. They are giving like 2 weeks so guess I can up it next week
cdog999 is offline  
Old Jun 29, 17, 5:15 pm
  #317  
 
Join Date: Oct 2015
Location: NRT
Programs: UA gold
Posts: 135
I logged into my favorite Alliant CU and found my checking account got axed right after I came back from my vacation.
When I asked the reason behind this closure, the rep cannot give me anything but some user agreement bs. Basically, she meant they have the right to close my account at any time. My saving account wasn't closed, however. Rep said this closure is final decision.
ACU was my sweet spot and I had a quite large volume. Too bad I had to find next spot,
ezakipocky is offline  
Old Jun 29, 17, 9:08 pm
  #318  
 
Join Date: Jul 2014
Location: LAX
Programs: Hyatt Globalist, DL Diamond, AS MVP Gold, Hilton Diamond, Marriott Gold, IHG Platinum
Posts: 1,265
Anyone experienced shutdown from US Bank on their Flexperks for trying to max out 3x category?
jediwho is offline  
Old Jun 29, 17, 10:47 pm
  #319  
 
Join Date: Oct 2015
Posts: 116
Originally Posted by ezakipocky View Post
I logged into my favorite Alliant CU and found my checking account got axed right after I came back from my vacation.
When I asked the reason behind this closure, the rep cannot give me anything but some user agreement bs. Basically, she meant they have the right to close my account at any time. My saving account wasn't closed, however. Rep said this closure is final decision.
ACU was my sweet spot and I had a quite large volume. Too bad I had to find next spot,
Sorry to heard that, question when you said "quite large volume", do you mean 10K, 20K, 30K or more a month?, were you using online or ATM deposit?

Thanks in advance.
elegua is offline  
Old Jun 30, 17, 5:41 am
  #320  
 
Join Date: Aug 2011
Posts: 404
Originally Posted by ezakipocky View Post
I logged into my favorite Alliant CU and found my checking account got axed right after I came back from my vacation.
When I asked the reason behind this closure, the rep cannot give me anything but some user agreement bs. Basically, she meant they have the right to close my account at any time. My saving account wasn't closed, however. Rep said this closure is final decision.
ACU was my sweet spot and I had a quite large volume. Too bad I had to find next spot,
They will shut down your savings as well, it just takes a little longer. They typically give a warning to stop - I'm guessing your volume was pretty heavy then?
bar19900 is offline  
Old Jun 30, 17, 10:50 am
  #321  
 
Join Date: Oct 2011
Posts: 4,163
Originally Posted by ezakipocky View Post
I logged into my favorite Alliant CU and found my checking account got axed right after I came back from my vacation.
When I asked the reason behind this closure, the rep cannot give me anything but some user agreement bs. Basically, she meant they have the right to close my account at any time. My saving account wasn't closed, however. Rep said this closure is final decision.
ACU was my sweet spot and I had a quite large volume. Too bad I had to find next spot,
How were you depositing MOs and at what monthly volume?
Superorb is offline  
Old Jun 30, 17, 4:43 pm
  #322  
 
Join Date: Oct 2015
Location: NRT
Programs: UA gold
Posts: 135
To all above. Somewhere between 30 and 50 each month. All mobile deposit. Have to say I loved their app. So friendly to use.
ezakipocky is offline  
Old Jun 30, 17, 4:44 pm
  #323  
 
Join Date: Oct 2015
Location: NRT
Programs: UA gold
Posts: 135
Originally Posted by bar19900 View Post
They will shut down your savings as well, it just takes a little longer. They typically give a warning to stop - I'm guessing your volume was pretty heavy then?
What kind of warning? By phone or letter? Thanks.
ezakipocky is offline  
Old Jun 30, 17, 7:56 pm
  #324  
 
Join Date: Oct 2011
Posts: 4,163
Originally Posted by ezakipocky View Post
To all above. Somewhere between 30 and 50 each month. All mobile deposit. Have to say I loved their app. So friendly to use.
That doesn't help us without knowing a dollar amount for each MO. How much money, in a dollar amount, did you run through Alliant? We don't need exact numbers, anything close is fine.
Superorb is offline  
Old Jun 30, 17, 9:32 pm
  #325  
 
Join Date: Aug 2011
Posts: 404
Originally Posted by ezakipocky View Post
What kind of warning? By phone or letter? Thanks.
letter
bar19900 is offline  
Old Jun 30, 17, 11:20 pm
  #326  
 
Join Date: Apr 2010
Posts: 137
Originally Posted by ezakipocky View Post
I logged into my favorite Alliant CU and found my checking account got axed right after I came back from my vacation.
When I asked the reason behind this closure, the rep cannot give me anything but some user agreement bs. Basically, she meant they have the right to close my account at any time. My saving account wasn't closed, however. Rep said this closure is final decision.
ACU was my sweet spot and I had a quite large volume. Too bad I had to find next spot,

It seems CUs are catching up. First closer report from DCU and now Alliant CU.
Diversification is name of the game. I benchmark not to exceed more then 4k MO deposit per month to remain under radar.
anagoree is offline  
Old Jul 1, 17, 3:08 am
  #327  
 
Join Date: Jan 2016
Posts: 79
Originally Posted by anagoree View Post
It seems CUs are catching up. First closer report from DCU and now Alliant CU.
Diversification is name of the game. I benchmark not to exceed more then 4k MO deposit per month to remain under radar.
where u do get that number?
u r under the radar until u aren't.
wrinkle7 is offline  
Old Jul 3, 17, 9:00 pm
  #328  
 
Join Date: Sep 2014
Posts: 1,837
Originally Posted by ericliujian View Post
Did you try to reopen? Is this one blacklist me?
I tried to reopen when their was a bonus and that was immediately shutdown last year.

When they merged with Merit bank, my Merit account was closed.
lumangoy is offline  
Old Jul 28, 17, 12:53 pm
  #329  
 
Join Date: Aug 2011
Programs: okay
Posts: 66
I was not, so obviously that didn't help!
benthelefty is offline  
Old Jul 31, 17, 11:53 am
  #330  
 
Join Date: May 2015
Posts: 97
My UFB Direct account was closed after about 18 months and not very high volume. Less than 3k in MO per month. All deposited by MO. They sent me a letter saying it would be closed and that I have 30 days to get my funds withdrawn, which was only a few bucks.
BrownHP800 is offline  

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