German American Bank Bell Oaks Dr, Newburgh

Received call today from representatives from German American bank. He states going to give me back the money. But there closing my account in two weeks.

I am in process of getting all of my CDs and accounts closed with this organization. Their CDs pay like one third of that other organizations pay. I had a CD that was not paying much at all. I told them that I wanted to cash it out. They told me the there would be a 3 percent penalty on the principal. I told them that when it was opened that it was a nine month penalty. They told me that oh it was changed by the board. I said this was not grandfathered in, she said no. This is changing a contract in term. I have heard others talking about rediculious fees. What I can see is that they have no customers like at what should be a busy time Friday at noon. I guess others are seeing this as well.