Client Review on Sperry Federal Credit Union

Feedback:

Sperry FCU is the worst bank I ever did business with. They have no consideration and compassion for their clients. I was a loyal customer with Sperry for many years. I took out a car loan for a little over $28,000 on one car and around $15,000 on another. Through my monthly payments, I was able to payoff the loan for $15,000 and continued to pay for the other car. Then Hurricane Sandy hit my area and damaged my home and cars. We were unable to live in our home for a couple of weeks due to the diaster. At the time of the hurricane, I had about $20,000 left to payoff the car. My insurance stated the car value had depreciate and only pay $15,000 which left a balance of $5,000. Sperry insist I pay the remaining balance. I explained that I'm the sole provider in my family and I have to make tremendous repairs in my home. Sperry did not care. They took me to court for the balance and won because of the "loan contract" . With the amount of time going back and forth to court, the $5,000 increased to $8,000. To date, I am still paying off the $8,000. Sperry showed me no good fair basis due to the hurricane. I will never bank there again.