City National Bank and Trust Overdraft and NSF Fees Reg E Complaint

January 14, 2021

Banks may charge overdraft (OD) fees on one-time debit and ATM transactions provided they meet the requirements of Federal Reserve Regulation E, with proper disclosures to, and consent from, the customer. However, the complaint for this class action alleges that the City National Bank and Trust Company of Lawton, Oklahoma does not do this. The bank should therefore not be charging customers OD fees, the complaint says.

Case Event File: City National Bank and Trust Overdraft and NSF Fees Reg E Complaint

Related to: City National Bank and Trust Overdraft and NSF Fees Reg E Class Action