Pentagon Federal Credit Union Duplicate Withdrawals Complaint

January 27, 2023

Pentagon Federal Credit Union, or PenFed, has made a series of errors, the complaint for this class action alleges—performing duplicates of certain transactions. Not only has twice the amount authorized been withdrawn from accounts, the complaint alleges, but in some cases accounts have been left with insufficient funds to cover the duplicate transaction or to cover other authorized transactions that occur after it, resulting in $30 insufficient funds or overdraft fees.