I closed my checking account via a phone call. I was told to bring the account to positive, which I did. More than a month later, I received a letter from the credit union saying that I was overdrawn by more than $3000.00. The exact payday loan companies that I was working with and clearing out the three fraudulent withdrawers were still attempting to withdraw from the credit union. The account was reopened and they charged me fees for each attempt. Now I'm being threatened with court action due to the overdrawn account, I previously closed. Is this normal? I reside in Florida.
It seems that there are many cases in which a depositor believes he or she has closed an account with the cooperation and knowledge of the financial institution only to have the account reopened when an item, a paper check or an electronic (direct) debit or credit is presented. Although an institution may have language in its deposit account agreement permitting them to unilaterally reopen an account to post such items, we are not aware of any that actually has such wording. When an account is closed, it is closed, and it would require the agreement of both parties, the institution and the former customer, to have it legally reopened.
Your credit union should have refused payment of those items. Contact an attorney to defend your position that the account was closed and the transactions were not authorized.
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It seems that there are many cases in which a depositor believes he or she has closed an account with the cooperation and knowledge of the financial institution only to have the account reopened when an item, a paper 