Florida Now Begins to Experience Painful Chase ATM Problems

Florida is now beginning to experience painful Chase ATM problems again according to several reports from customers online.

Chase customers on Downdetector are advising of several Chase ATM issues in Florida alongside a string of other concerns with the bank.

In September, numerous Chase customers were unable to access money through ATMs in California and other parts of the United States, including Texas, Florida, Ohio, New York City, Arizona, and many others.

More than 16,000 Chase ATMs were affected nationwide.

“5 ATM locations between Boynton beach, Fl and Lake Worth Fl, completely down, “technical problems”. Not accepting withdrawals, deposits, or any transfers. 10/10/23, This happened right at 12am,” reports a user on Downdetector.

“Atm’s are down cant deposit cash,” reported another Chase customer.

Many reports have recently come in from customers regarding bank statement issues as well.

Several Chase customers are reporting being unable to access their bank statements or view recent transactions.

“Trying to download my September bank statement for the past 3 days. Every time it says, “That part of our system isn’t working right now.” This is ridiculous,” says Sarah K.

“Down again. Can’t access statements and debit transactions not showing after noon. I get paid tomorrow and I’m not feeling very secure about Chase handling my money any further. I will be looking at credit unions instead,” reports another frustrated user.

Chase is currently scheduled to close several more of its branches this year, which may tie into why the bank has had many technical difficulties at its physical locations.

Last year, the bank led in branch closures, shuttering 144 branches, while only opening 133.

But Chase isn’t the only bank facing massive closures this year.

Related: Chase Has Now Locked Users Out of Their Accounts

15 Bank of America Branches To Now Close in October

Market News Today - Florida Now Begins to Experience Painful Chase ATM Problems.
Market News Today – Florida Now Begins to Experience Painful Chase ATM Problems.

15 Bank of America branches will now close in October, a trend we’ve been seeing all year now.

“The second largest American bank with over an estimated $2.5trillion in assets said it would shutter 15 more branches across six states this month,” reports The-Sun.

“The company has attempted to shut down locations with duplicate branches in the same city as more customers shift to app-based banking.”

Online-only banks have become a serious competition for traditional banks resulting in the closure of several bank branches.

In fact, more than 1000 bank branches have now shuttered this year according to fresh data from the S&P Global Market Intelligence.

“The majority of Americans are concerned about widespread bank branch closures – which are hitting lower-income households the hardest. 

Growing numbers of people are being left without access to basic financial services, as big-name banks have axed more than 1,000 branches already this year,” reports DailyMail.

Data from S&P Global Market Intelligence shows a total of 1,144 national and regional banks were closed between January 1 and July 31 across 49 states – with firms pulling out of some areas at a faster rate than others.

A survey by DailyMail has found that 51% of Americans are ‘very concerned’ or ‘somewhat concerned’ about the impact of “dwindling outlets”, which disproportionately affect poorer households.

According to the analysis by research agency Opinium, 10% of Americans with a household income less than $50,000 said they do not have a local bank branch. 

As previously reported, banks are federally mandated to report branch closures to the Office of the Comptroller of Currency (OCC) at least 90 days before closing.

Read the full list of Bank of America branch closures here.

Also Read: Bank of America is Freezing Accounts in New Scandal

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Market News Today - Florida Now Begins to Experience Painful Chase ATM Problems.
Market News Today – Florida Now Begins to Experience Painful Chase ATM Problems.

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