FSNB: Proof the Corps Couldn’t Care Less

Fleet Marine Life talks about Fort Sill National Bank, as does RipOffReport, and PissedConsumer.

In a nutshell, it’s a shitty bank that every recruit on Parris Island is set up with for their direct deposit. By funneling tens-of-thousands of captive recruits to this hellhole the USMC is damaging both troop welfare and mission accomplishment. Low-income troops losing money to needless fees hurts their focus as a fighting force, and poor finances can lead to someone losing their security clearance.

FSNB = Fees-Fees-Fees

For the privilege of having an account, they charge needless fees knowing full well you can’t change your banking until your graduate, and a good portion of people do not do so right away because they don’t want to spend part of family day at Navy Federal Credit Union opening an account.

I have had two experiences with FSNB. Upon trying to close the account at MOS school they said I was overdrawn and charged me a fee for it. I sent them a check for the NSF overdraft, and they said I was still overdrawn because of the monthly fee hitting, prompting another NSF fee, so the account could not be closed. I sent them another check and told them to close the account, and that a copy of the letter was given to my command.

A few years later my wife went to close an account she had when we moved to Camp Lejeune. She went to the branch at Wal-mart and they cut her a check.

FSNB Will Overdraw You

“Show me the balance on the account,” she said, suspecting something fishy.

Now she was overdrawn. This fucking asshole overdrew the account on her so that there would be an NSF fee, then a monthly fee, which would prompt another NSF fee. So my wife gave her the difference and asked for a receipt, plus a printout of the statement showing that the balance was at zero.

“You don’t want that,” lady-banker-fuck told my wife.

“Of course I do.”

“If you take a paper statement, you could lose it, and then your personal information will just be out there.”

“It’s already out there. Con artists like you have it.”

After some cajoling she got a receipt for the deposit, bringing the balance up to zero, plus a statement showing the balance at zero.

“I want to speak to your manager,” my wife said, “I’m going to make a complaint about what you did.”

The manager told her that to make a complaint she had to call customer service from a phone on the wall.

If the USMC Cared, They’d Have Already Done Something

Fort Sill National Bank is not the worst bank in the world, nor is lady-banker-fuck the worst banker in the world, but this is the exclusive bank for marine recruits on Parris Island (and probably soldiers at Fort Sill, Oklahoma), and it is one way that the Marine Corps is actively ensuring that the lowest paid troops are being victimized by a financial institution. These young troops make very little money, live far from home, and endure great hardships. All the while this bank is stealing from them.

If anyone has something positive to say, please share. I’d love to hear something good about the bank, and not that it donates money to something, because that donation is funded in full by the fees scraped off the top of a marine recruit’s meager paycheck.

I’ll be forwarding the link for this post to people at FSNB and MCRD PI, and suggest you do the same.

Author: Chris Pascale

Christopher Pascale is the author of War Poems: A Marine's Tour 2003-2008. He served in the Marine Corps as a combat engineer.

  • General Slapnuts

    Some people saying they got a choice. I wish we’d have ben given info about a another bank in boot camp. I was stupid enough to keep banking with these guys until i was married and my wife moved everything a account with bank of america.
    They just had a guy come in and talk to us, then gave us papers to fill in. Then later the senior said to change our banks when we graduated.

    • Carmine

      Yeah man I was in the same boat. Glad to hear it changed.

  • George

    lol Fort Sill is still ripping Marines off!? I went through PI in 1997 and I remember going to an ATM machine with my FSNB card and the machine took my card and I never got the few hundred dollars I had in the account. I will never forget that.

    • In 1997 that meant you just lost half your paycheck, but didn’t get to regret having done something stupid, like visit family during the holidays or make your auto insurance payment.

      Really, you gotta hand it to these guys. It’s an incredible business model.

    • James Carter

      I can’t believe how lucky I am to have gotten Navy Federal instead. Does anyone have anything good or bad to say about USAA? I’m thinking of making the switch, but heard they don’t have a place to go to. They are good so far for auto insurance.

      • Billiam201

        I have the same problem with USAA, but I’m happy to say that, in 21 years, that’s the only problem I have had.

        I use their banking for long-term savings, and things of that nature, when I want my money to be accessible, but not TOO accessible.

      • Buddy of mine uses USAA for everything, and likes it. He’s even set up his daughter’s 529 through it, and for her Christening, rather than me giving him cash, he sent a link to contribute to her college account.

        I get my insurance through them, and also have a credit card and mortgage. Haven’t had any problems.

  • George

    I went through boot camp in 1997 and the issue was the same. Fort Steal (we also called it that) was a terrible bank and a ripoff.