JP Morgan Chase Bank, N.A aka Chase Bank Violates FDIC, FTC, U.S. Securities and Exchange Commission, BBB and Consumer Affairs Regulations with businesses and consumers accounts.
Diversity News Publications Media Group Corporation announces that JP Morgan Chase Bank breaks rules and regulations by violating FDIC, FTC, U.S. Securities and Exchange Commission, BBB and Consumer Affairs rules, procedures and regulations with multiple businesses and consumers account owners. Only because some merchants like Enterprise Rent A Car, Visa or MasterCard overcharges consumers on services and products that creates overdraft or over the limit on their accounts they decide to restrict online acces, close accounts and withhold funds for over 90 days on a closed account without giving the necessary notice to them neither allowing time for the notice to arrive before taking the necessary actions against loyal hardworking consumer.
“On 5-22-2018 I called #chaseclaimsdept to check on my #closed aka #frozenaccount because they decided to #restrictmyonline access and to close my #businesscheckingaccount where I have #automaticpayments and #directdeposit set up.” Said Esteban Steven Escobar, President and Executive Editor In Chief at Diversity News Magazine (http://diversitynewsmagazine.com/
There are lots of consumers in California that are getting violated and disrespected by JP Morgan Chase Bank who is too big to take care of consumers and they are not helping the consumers instead they are creating a big mess with consumers money because the can’t pay others because a bank like JP Morgan Chase Bank is not following federal government rules, policy and regulations.
To all JP Morgan Chase Bank consumers if you have multiple accounts with Chase Bank May sure you fire them or move them to another bank because they will froze or close your accounts and they will not release your funds and you will have no money to pay other creditors, vendors, merchants or do payroll. A class action needs to be filed against JP Morgan Chase Bank as soon as possible and don’t agreed to have multiple products with them because they will screw You.
BANK AGENCY REGULATORS
At the federal level, there are five financial industry regulators:
- Comptroller of the Currency (OCC)
- Federal Deposit Insurance Corporation (FDIC)
- Federal Reserve System (FRS)
- National Credit Union Administration (NCUA)
- Office of Thrift Supervision (OTS)
At the state level, each state has an agency or agencies that are charged with supervising and regulating state-chartered banks and thrifts. For example, in California, financial institutions are regulated by:
A listing of state bank supervisors for all states is available at: