Carters bank is unlike any other bank in the United States. When every other bank balances accounts at 1 pm. Carters waits until 12 midnight. They balance your withdrawal before they add your deposit. This is how they make so much money on overdraft fees.if you have a direct withdrawal coming out for that day. It will be taken out before any deposit is added. But it gets better. If you have a direct deposit going in on Friday, you will not see your money until Monday morning. But you will see overdraft fees for any purchases you make during the weekend. Carter will keep up with your purchases, they just won’t honor your deposit. They will tell you your company is at fault but this is a lie. But it gets better. Let’s say you pay a direct withdrawal bill and this slightly overdrafts your account. Carters may not pay the bill but they will charge you an overdraft fee and they will charge you as many times as the payment is trying to come out of your account. This is why every other banking system cuts off at 1 pm in the afternoon. It gives the consumer time to make a deposit or check their account, before midnight. But it gets better. Carters staff will ignore your calls or messages when you figure out their crooked schemes. I know because I have been through all of it. Carters preys on the individual who lives paycheck to paycheck. Consumer beware and if you are on a fixed income I suggest Capital One for your banking needs.
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