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	<title>Comments on: Montauk Credit Union&#8217;s CD (certificate of deposit) rates</title>
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	<link>http://bankvibe.com/montauk-credit-unions-cd-certificate-of-deposit-rates/</link>
	<description>CD(certificate of deposit)Rates, High Interest Checking Accounts, High Yield Savings, Bank Deals and Promotions</description>
	<lastBuildDate>Mon, 06 Feb 2012 04:44:00 +0000</lastBuildDate>
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		<title>By: Alissa</title>
		<link>http://bankvibe.com/montauk-credit-unions-cd-certificate-of-deposit-rates/comment-page-1/#comment-4193</link>
		<dc:creator>Alissa</dc:creator>
		<pubDate>Thu, 11 Mar 2010 19:29:20 +0000</pubDate>
		<guid isPermaLink="false">http://bankvibe.com/?p=1769#comment-4193</guid>
		<description>Do NOT open a C.D. here even if they have good rates.

I opened a C.D. here in Feb of 2008 -- my first C.D.  I received a letter in the mail that my C.D. was up for review and that I needed to either roll it over or redeem it. There was no deadline for this action.

I spoke with someone over the phone who told me how I could redeem, but again no deadline.  I sent in the form about a month later.

She then calls to tell me the &quot;told me over the phone that there was a deadline&quot; -- an outright lie and that I will have to pay the penalty of $21, about 1/t6 of my entire yearly gains.   When i called to complain, this woman then hung up the phone on me.

I spoke with the manager, who at least had decent manners, but still they won&#039;t give me my money back.  I feel pretty taken advantage of and would not recommend putting any of your funds here.</description>
		<content:encoded><![CDATA[<p>Do NOT open a C.D. here even if they have good rates.</p>
<p>I opened a C.D. here in Feb of 2008 &#8212; my first C.D.  I received a letter in the mail that my C.D. was up for review and that I needed to either roll it over or redeem it. There was no deadline for this action.</p>
<p>I spoke with someone over the phone who told me how I could redeem, but again no deadline.  I sent in the form about a month later.</p>
<p>She then calls to tell me the &#8220;told me over the phone that there was a deadline&#8221; &#8212; an outright lie and that I will have to pay the penalty of $21, about 1/t6 of my entire yearly gains.   When i called to complain, this woman then hung up the phone on me.</p>
<p>I spoke with the manager, who at least had decent manners, but still they won&#8217;t give me my money back.  I feel pretty taken advantage of and would not recommend putting any of your funds here.</p>
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