Provident Bank Overdraft Fees on Accounts Not Overdrawn Complaint

June 3, 2022

Banks may charge overdraft (OD) or non-sufficient funds (NSF) fees when transactions overdraw accounts. But the complaint for this class action claims that Provident Bank also charges OD fees in instances where transactions do not overdraw accounts. These transactions are known as APPSN transactions, that it, “Authorize Positive, Purportedly Settle Negative.”