April 26, 2022
When a transaction overdraws a checking account, many if not most banks charge an overdraft fee. The complaint alleges that the Bank of Greene County (BOGC) charges an overdraft (OD) fee for transactions that did not actually result in an overdraft, through something called Authorize Positive, Purportedly Settle Negative (APPSN) transactions.
Case Event File: Bank of Greene County Overdraft Fees on APPSN Transactions ComplaintRelated to: Bank of Greene County Overdraft Fees on APPSN Transactions Class Action