I have the same experience. The IRS sent my refund to Santa Barbara Bank on March 2nd; the same as they did for you. My preparer this year was e-file not Turbo Tax, but they are doing the same crooked thing. They use this dishonest bank so they can get their fees upfront, while holding peoples refunds. I have contacted the Santa Barbara bank 3 times in the last 30 days. Each time they told me my refund would post to my bank account in 2 days. Obviously an intentional lie because they still have not released my money. This should be illegal if it is not already. We need to organize a class action law suit to compensate for our damages as well as the highest allowable interest payment for the time our funds were held. Are they any attorneys out there that would take this slam dunk case on a contingency. If so, please contact me.
