I was 18 and decided to open a bank account so I could start earning credit, get an apartment, and obtain student loans for college. I went to CPB, and they told me that everytime I didn't have $10.00 in my account, they would charge me $15.00. I had $600.00 in there and they STILL took out the money!

I complained to them SEVERAL times and they said they would change it. They never did.

Now, I am in debt! I am only 19 years old, I can't get an apartment until I "pay CPB back" even though I did nothing wrong.

My mother, 50 years old, agrees that CPB is a rip off and now I have an account with ********* (a.k.a *********) and they are awesome! DO NOT GOTO CPB!

Renee

Slidell, Louisiana
U.S.A.

Click Here to read other Ripoff Reports on Central Progressive Bank

5 Updates & Rebuttals

Rsb

Covington,
Louisiana,
U.S.A.

easy solution

#2UPDATE Employee

Thu, April 02, 2009

As CEO of Central Progressive Bank I can tell you that part of our mission is to provide our customers great service. It appears in this case we missed our goal. I regret this happened. CPB delivers great service at fair prices or your money back if not satisfied. I will find out why this customer and CPB'S mission did not work out this way.

Stsbrad

Hammond,
Louisiana,
U.S.A.

Oh yeh?

#3Consumer Comment

Thu, October 16, 2008

Its funny how none of your numbers make any sence but the bank "STOLE" money from you. Its not the bank's fault that you can't manage your money properly.

Ken

Randolph,
Massachusetts,
U.S.A.

RE:CPB

#5Author of original report

Tue, April 11, 2006

Yes, you are right, when I complained. However, even AFTER I complained they kept taking money out I never CLOSED the account until I was $310.00 in debt because I figured they would stop, then it was too late. After several nasty conversations with them to stop, it still persisted for months.

Ken

Randolph,
Massachusetts,
U.S.A.

I can't figure this one out...

#6Consumer Comment

Tue, April 11, 2006

If you had $600 in your account, and they hit you for a $15 fee, wouldn't you still have had $585 in your account when you marched in there and closed the account? Where does the debt come from?

Reports & Rebuttal