Information, reviews and public commentary for US companies

Arvest Bank-Bentonville

Rating
0.315789
Web
arvest.com
Address
201 NE A St
Bentonville, AR
72712-5388
County
Benton
Contact
David Short
Role
President
Phone
(479) 271-1253
Fax
(479) 271-1320
Annual Sales Est
$484,361,000
Employees
200
SIC Code
6022
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Ryan Reason - 4 d 16 h ago

0

I was wondering why after years of using arvest bank my mom and step dad decided to switch banks. Well here is the reason I'm switching banks. Apparently you can only transfer money from your saving account so many times in a month or you will get charged a fee. How nice is that? You get fined for transferring YOUR money. So I called #armstrongbank and guess what, they don't charge for transferring YOUR own money using the phone app. Did I mention that I only transfer money using my arvest phone app? And #firstar bank doesn't charge either. So I call the branch manager and he tells me, it's federal regulation and the money is non-refundable. So I ask the branch manager where the money goes and he tells me the bank gets it for a fee. Way to be crooked Arvest. Take my money because I needed to transfer too much from my savings to my checking. Way to lose another customer.

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Nikki - 12 d 15 h ago

0

It's a very sad thing when a customer has to leave a bank they've used for over 10 years, all because of $17 overdraft fee that I was charged. Your system at night goes crazy and shows things that are all overdrawn, everything in the red, or sometimes it will show that a check is pending on today, and I get a text saying that the account is short TODAY, and so I put money in there TODAY, but guess what? That check was somehow processed yesterday, even though it was PENDING the same day I put money in to cover it. This has happened to me at least 3 times over the past 2 years, and I call every time to have the NSF charge refunded, but, apparently with Arvest, the customer is no longer right. I am done with Arvest. You're losing customers because of $17 and I guess that's worth it to you. It's not to me anymore. I am changing banks. You're losing me and my 4 bank accounts, plus a savings account. I am also going to tell everyone I know who banks with you to change. Some probably won't, but either way, people are going to know that, Arvest Banks do not value their customers any longer.

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Tim R - 83 d 22 h ago

1

Well, i'm going to say this probably has to be the worst experience i've ever had with Arvest. I called in about a overdraft charge i had on my account, which i get it, i'm in the negative on my account, its a overdraft. I made that choice, you don't need to throw it up to me about it over and over again. Here is the kicker though. A string of charges were done on the 10th of November, which mind you is a Friday and a normal business day. Then the charge in question happens the next day later, on a Saturday. I get that there are no charges processed over the weekend, thats fine. However, these charges didn't come out until the follow Tuesday according to them. Next, they all came out on the same exact day. So you are telling me that the charges on Friday couldn't have been processed by the end of the night Friday? Well thats wonky as hell but fine. However, apparently Arvest's system doesn't do any of the transactions in the order they receive them in. So the ATM transaction actually came out first even though it happened a day later then the rest of the charges. So now i'm sitting here with a $85 over draft fee that i shouldn't have gotten in the first place.

At the end of the day, i feel like Arvest knows that situations occur and sometimes you have to overdraft your account for whatever reason and they understand people will do it with a ATM. So i kind of feel like this was done on purpose for them to make more money off of people who are already having a hard enough time. But then to top this off, i can't find anywhere that specifically says that it happens in this order, i had to be told this by a representative. When i asked to speak with a supervisor the representative responds with "Okay but she is going to tell you the same thing.". Well first off, you are in a customer service position, you should respond that way no matter how annoyed or upset the person you are talking to is. Thats just wrong in general.

So anyways, i get a hold of the supervisor and explain the entire situation. Her response is, "i've been here for 5 years and thats just always the way its been done and i don't see it changing in the near future." So basically, get used to it is what i'm hearing. I even remember asking several questions that left the supervisor stumped and she was struggling to even give me a answer because she obviously didn't know. Such as, "These charges were done on two separate days and yet they are coming in on the same day even though most of them were done on a business day." There was such a long pause in silence that i actually thought the supervisor had just hung up. The only answer she gave me back after about a minute and a half of silence was. "Well sir it was your choice to overdraft in the first place." Well no shit, i was the one that did it but i was under the impression that things would come out in the correct order and i'd only get hit with 1 charge, not a extra $70 worth.

Anyways, apparently she has sent a complaint ticket up the ladder. Which was just a way to get me off the line because she really didn't have any answers for me. I'm not Holding my breath about this because this entire system was designed to just cheat people out of their money. I've even had times where i've transferred money between my accounts and its come out twice. I've had to call in to get that fixed a few times. This was just a bad experience in general and i may end up going to another bank when i get the time.

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Margie - 46 d ago

0

Amazing! I am having the same experience. They told me they have an order in which they process tranasactions. And guess what, it is NOT the order the transactions occur! I have asked them for the times all the transactions occurred 10 times! They gave me the debit card ones but have refused to give me the electronic payment times, which were the ones that had the overdraft charges despite being already pending and taken out of my account balance prior to the debit card transaction that caused the overdraft! Its the banks way of getting money!

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Nikki - 12 d 15 h ago

0

They definitely do this to make money off of people, I have a check sent for my car loan, and nearly every time it gets processed, I get an NSF fee because they cheat and say it's pending, and even though I cover the overdraft, all of a sudden it's paid and the money i transferred to cover it is now going on today's business, not when the check came in. They are willing to lose customers over $17, so this time they are definitely losing customers that have been with this company for over 10 years. Good job Arvest! You've taught your employees that your customers don't matter, just the money does. I'm going to tell everyone I know that this company is not worth the time and headache, and that there have to be better banking institutions out there.

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Anonymous - 28 d 11 h ago

Arvest walk me and my husband right into foreclosure, and negative bank account regularly. I even had to ask a veterans rep to assist myself since my strokes and also have been referring alot of our problems that has become out if control with all the money that they keep taking out for overdrafts before they clear a check that would go thru just fine if they wasn't stealing all our money with moving there deposits, WD in and out of the accounts even when it shows cleared they turn around and send it back a month later. My lady at the water co. Even help me catch them do it.... They promised us a modification when due to health had tochabge careers after almost 20 yrs. I tried to make payments first 3 months oh no our hardship applic will be done next week. Just wait we will help you during this hard time husband a vet. Dealing with us getting all our 401k out profut sharing 7000.00 plus another 5800.00 and I made 2 house pymts at a time. They are saying they haven't recvd apymt since April we need 11000.00 now by jan. 22 house going up for sale if I can't cone up with full amt. So where the hell did all our money go

??????.??? We don't have that many bills. I started before there helping us out at 700 credit score nie both of ours is down to 468. This is with there credit counselors referral company also supposedly combining our only 2 credit cards pymts and lower them down from 678 a month to 200.00 a month. We just got served a summons the money has Bern coming out of the arvest chking regular biweekly since sept. They have not even contacted our amer express it Barclay to try to protect our credit rating like we was trying too up front. Its done nothing but plummet with all arvest trying yo be so good to us. They already had a real estate agent assigned to our home for foreclosure since august 8. So if bank of America is getting charged with modification loan delays charges to get veterans homes too. Arvest has been put under the same agencies microscope trusted me...... If not the better be. I've tried for a forebearance or modification with numerous new applications repeatedly filled out.

all bills copied chk stubs corrected to there specifications even in aug showing his employment for 2months straighty employment started sept 12. No matter what They already have a buyer for our home for more than we paid for it, with all our repairs it was sold to us from one if there loan officers own home, did not give our vs appraisel copy to us for 3 days after the closing date in sec 2014. We didn't get our signed copies of contract till I thru a fit till sept 2015. We were over the road truck drivers and ci pletely have taken advantage of us all the way around. Arvest is not the same bank it was so well known for. Its almost like someone new bought them out too like bank if Fayetteville. Same story happened with them after 20 years of doing business with them.

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Anonymous - 34 d 13 m ago

Just wanted to say that y'all closed my wife's account. Saying that it hadnt been used 56 days even thou she gets a social security check every month. Not only that but now we have to wait for y'all to return it before we can get it. Fuck you

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M. H> - 89 d 12 h ago

0

I moved here from another state in 2012. When I tried to open an account with Arvest I was told my money was no good for opening an account. They keep sending me mail to open an account, when hell freezes over I will NEVER open an account at Arvest bANK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! AND GIVING ME A LOOK LIKE YOUR SO POOR AND LOW AND LOOKING AT ME WITH DISTAIN AND HATRED!!!!!!!!!!!!!!!!!!!! I cannot stand arvest, VERY BAD CUSTOMER SERVICE!!!!!!!!

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James STROUD . - 2 y 76 d ago

0

I am a disabled veteran, with a checking account at your Lawton Branch. I wanted to deposit my check and was told by the teller that they would only give me 200$

She also told me that because it was a VA disability compensation that it might bounce! I served 7 yrs in the Army and never did a check bounce!Thanks but I have since moved to another bank and was welcomed there haven't been any problems. But I am not going to be using your Banks again!!!

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Rayan - 1 y 152 d ago

0

Hello Arvest customers, I have been out the country for about 17 months and i just got back so i went to the Arvest bank to check my balance in my card. I was surprised to find there was no money in the card !!! So i asked where the money is they replied saying that your card has been dormant and there was a dormant fee every month for 5 dollars a month and that is very strange to me . How can take money out of a FREE SAVINGS ACCOUNT this is an account that i save my money with you guys so how do you come and just take all the money and deactivate the card!!! Whats more strange is they didn't inform me about this No calls... No Emails No Mail stating that they should have just freezes the account or charged me once then freeze the card but they kept charging me 5 dollars a month til there was no money left in the account, i have accounts with Bank of America and Bank of Oklahoma and i have been out for the same amount of time and they didn't do anything and all my money is still there so this is very strange for Arvest to do.... it's wrong !!

I even just wanted to reactivate the card because it is already connected to other things and other accounts but they refused to do so isn't it enough that they took my money ...really i don't recommend using any type of service with Arvest bank.

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Kat - 141 d 8 h ago

0

File a complaint..I filed a complain with the Federal Financial Protection Bureau, P.O.Box 4503, Iowa City, IA 52244. THEY have sent it on for PROSECUTION!.

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Lisa Wickwire - 1 y ago

I had an account at Arrest for a very long time. In July of last year I made the BIGGEST mistake of my life. I tried out Direct tv for 2 Whole days. When I called them I told them that I was disconnecting the Service due to promises not kept. They ended up helping themselves to my bank,acct and taking out 575 dollars WITHOUT my permission. At a later date Arvest reimbursed me Direct tv reimbursed me then Arvest took the money out twice. I am requesting copies of my two bank acct 66495442 and 17197980 sent to me at this address. Lisa Wickwire 3002 Wisconsin ave Joplin Mo 64804 asap. I added my daughter to both acct for Tod and to perform banking transactions for me. Arvest took it upon themselves to attack her acct and take out 178 dollars. She never used either acct for her transactions. Now Arvest has contacted TSI to try and get what Arvest thinks is their money. I filed and have been discharged Bankruptcy last year which Arvest was included. My lawyer has since sent numerous letters to TSI explain all this and still I continue to receive these letters as current as today. As I stated in the beginning of this letter I am requesting my statements for both acct for 2016. Prompt attention to this matter would be greatly appreciated.

Thank You

Lisa Wickwire

January 27, 2017

5:23 p.m.

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Kat - 141 d 8 h ago

0

You should...I did filed a complain with the Federal Financial Protection Bureau, P.O.Box 4503, Iowa City, IA 52244. THEY have sent it on for PROSECUTION!

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Phillips - 263 d 14 h ago

I have been banking at Arvest Bank for 20 years and have seen their customer service grow worse and worse. Today was the final straw. My husband and I closed on a condo today and each deposited our checks in the bank. Several hours laters after I was home I received a call from Lost Prevention

Saying I had to prove I was the Trustee of my trust and they put my check on hold. They didn't ask my husband to prove who he was just me. I am 85 and not in good health. I had to go to arvest to prove who I was. Pretty bad when you can't deposit funds in your own account.

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Kat - 141 d 9 h ago

0

I filed a complain with the Federal Financial Protection Bureau, P.O.Box 4503, Iowa City, IA 52244. THEY have sent it on for PROSECUTION!

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Keith Hardesty - 141 d 9 h ago

0

Worst banking experiences in my life! They reverse debits, and transfers to create/maximize overdraft charges. Federal Financial Protection Bureau, P.O. Box 4503, Iowa City, IA agrees with me. They have forwarded my complaint to authorities for prosecution.

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Hovhannes - 190 d 7 s ago

3

Hello. I sew clothes. (Individual:) As a buyer can interest you my product.Jeans with trousers and shorts.I also accept orders.

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Sally Topping - 1 y ago

1

I am writing to say that this morning I visited the Arvest bank on 71st and 145th in Broken Arrow, OK. They had two tellers and one trainee with no trainer! Every Time the trainee had a question; she had to stop one of the tellers from working. Why would you have a trainee with no trainer? There were 10 of us waiting in line (if not more) and who knows how many in their cars. I personally waited 25 minutes in line this morning at your bank.

I understand wanting to save money but I personally would rather you cut out your TV commercials and have more tellers to serve us. My time is just as important as yours and waiting in line at the bank is not how I would like to spend it. Your tellers were great and working as fast and as accurately as they can.

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Anonymous - 1 y ago

I'm putting my email in for Lisa Wickwire. (hidden). If my statements could be emailed that would help I also need them for taxes. Thanks

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Anonymous - 1 y 81 d ago

0

I deposited my paycheck in an Arvest ATM on 11-15-16 and in the middle of the transaction the ATM went down with a clear NCR error message and my check was not deposited. Went to the bank to file an ATM dispute and was told to comeback today 11-16-16 if the money did not show up in my account by noon. Noon comes and still no money so talked to the Ass't Manager at the bank I spoke with yesterday and she proceeded to tell me they hadn't emptied the ATM yet so they couldn't do anything until they could verify the check. I gave them the exact time, deposit amount color of my car, etc to verify I was actually there and still they refuse to put the money in my account. When I explained to them I had bills to pay and couldn't wait for them to get their act together I was basically blown off and then was told we were having problems with that machine and they are suppose to fix it today I asked why was it not put out of order then so no one would use it and her response was we thought it was just the receipt paper. So now I don't have a receipt to verify the deposit (this was the problem they were aware of) and no money and overdrafts on my account as well as late bills. I am fed up with the customer service at Arvest and as soon as I get this mess straightened out I will be moving my business elsewhere.

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Anonymous - 1 y 114 d ago

Arvest bank sucks and the most stupid ass bank in Oklahoma fuck you Arvest.

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Debi - 1 y 160 d ago

0

I am sure these comments go unnotices and that is very sad. Arvest has been my bank and from day one I have LOVED my bank. Truly. Friendly, caring people..NO MORE! 3 days ago, 9:30 in the evening, I deposited $200 cash into Arvest ATM. 3 $5 bills were returned with the message, 'we can not read your bills, please redeposit!' however me machine wouldn't let me redeposit the 15.00. The message kept repeating itself for 20 minutes. I tried cancelling out and everything. NO NUMBER to call. Called our local police to see they had a number for Arvest, only customer service number, closed after 5 and weekends. The machine did NOT give me a receipt of any kind to prove it shill had 185.00 of my money. The next day while my friends went out of town shopping, I stayed home because I only had 100.00 in my account with a auto draft expected to come out of my account. I went to Arvest. I want mad, or really upset. Machines do break. I was upset that there wasn't a number posted but that would not have mattered. The atms are handled by a 3rd party. It is now 3 days later and though I have spoken to as many people as they will pass me too. They are still in control of my cash and I would like to buy groceries tonight. Am I allowed to charge Arvest 21.00 in fees for each day they have my money because they do not hesitate to charge their fees. Will I be compensated for these terrible inconvience. I am sure not. Here is my email address Mr Short. I look forward to hearing from you. (hidden).

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Bill Goodart - 1 y 181 d ago

0

I was rip off by the Grove branch for 500.00dollars

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Anonymous - 1 y 221 d ago

donot waste your time trying to bank at the405 n. walton blvd branch the manager lets his workers treat customers like second class citizens i have been doing business there for 12 yrs they ask some customers for more than one id and others no id at all they will agure with you no compromise their right thecustomer is wrong miguel castilla needs trained in customer service and lose his attitude. my account is closed in the morning.

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Mr UnhappyNoWheretoComplain - 2 y ago

1

It has been reported by many sources including Forbes that Arvest Bank is owned and controlled by the Walton family of Walmart fame. Which probably explains why this "community orientated" ;-) bank revolves around profits and giving their customers the worst service possible for the highest charges.

Underpaid and unhappy staff have a certain attitude and behavior towards customers, if you go to Walmart, especially at the weekend, you should see many examples of this which are a reflection of company management practices and policies. I propose that Arvest changes their name to "Walmart banks", then at least we know what we are letting ourselves in for should we be unfortunate enough to have to bank there.

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