‘Beyond frustrating.’ Bank of America, Truist, other big banks warn of deposit delays

‘Beyond frustrating.’ Bank of America, Truist, other big banks warn of deposit delays

By Chase Jordan | The Charlotte Observer (TNS) A Bank of America branch bank at night in Jacksonville, Florida, on March 30, 2013. (Dreamstime/TNS) Some bank customers across the U.S. are dealing with deposit delays because of an error with a banking processing system on Friday. The Federal Reserve released an alert about the problem coming from the Electronic Payments Network, a financial system associated with the Automated Clearing House (ACH…

Customers at Bank of America, Wells Fargo and other banks grappling with deposit delays

Customers with several big U.S. banks expressed frustration after their paychecks didn't show up in their accounts.