Emigrant savings bank rip-off

I was stuck in a cash crunch trying to build a family home.i got a loan from emigrant savings bank's new york branch.the home i built was valued at approx. 1.4 million dollars.i had asked for 500K.they only allowed me 427K,but they kept 300K in an account till i got a cert.of occupancy for the home.the trouble started when i received only 90K at closing,because of escrow fees,taxes,attorney fees etc.they have refused to advance any more of my own money, which i am already paying 8.625 interest on.stay away from this bank at all costs!!!!!!!!!!!
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ID
#198055 Review #198055 is a subjective opinion of poster.
Location
Tappan, New York

About

Summary

Emigrant Savings Bank is a very old financial institution which has been providing services for personal and business banking for more than 16 decades. During the personal banking clients can use the services of foreign currency operations, credit cards, debit cards, annuities, mortgages, different savings opportunities, telephone banking and life insurance. For the business sector clients Emigrant Savings Bank offers deposit plans, employer pension variants, business debit and credit cards, commercial real estate affairs, small business loans, lease security, etc. Emigrant Savings bank operates with EMC and EFC licenses. It has special services for the clients who are under the luxury expenditures policy. The bank is represented in Bronx, Manhattan, Nassau, Queens, Suffolk and Westchester. The company uses mostly secure mailing while cooperation with the clients.

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