Navy Federal Credit Union Overdraft Fee Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

Navy Federal Credit Union is settling a class action alleging that it improperly charged certain members overdraft fees. The complaint alleged that Navy Federal charged overdraft fees on transactions that were properly authorized and approved into a positive available balance. 

Docket Number:


Company: Navy Federal Credit Union

Class Period: July 22, 2012 to November 20, 2017

Objection Deadline: April 20, 2019

Exclusion Deadline: April 20, 2019

Final Approval Hearing: May 20, 2019

Proof of Purchase:

You do not need to file a claim. Presumably company records are being used to identify class members.


You may be eligible if you had a Navy Federal checking account and were charged overdraft fees under Navy Federal’s Optional Overdraft Protection Service (OOPS) on transactions that were authorized into a positive available balance, between July 22, 2012 and November 20, 2017. You are not eligible if you enrolled in OOPS for the first time after February 13, 2017.

Typical Settlement Amount:

Final amount will depend on the number of overdraft charges assessed to each class member and the number of valid claims received.

Total Settlement Amount: $24.5 million

Class Representative Proposed Incentive Fee:


Law Firms:
Kick Law Firm APC
Kopelowitz Ostrow Ferguson Weiselberg
McCuneWright LLP
Tycko Zavareei

Case Name: Jenna Lloyd, et al. v. Navy Federal Credit Union

Settlement Website: Navy Federal Credit Union Overdraft Fee Settlement Website

Claims Administrator:
Epiq Systems

Claims Administrator Contact Information:

Navy Federal Overdraft
Settlement Administrator – Epiq
P.O. Box 3230
Portland, OR 97208-3230

Tags: Overdraft Fees, Your Bank