Settlement Structure: Claims Made
Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
United Federal Credit Union (UFCU) is settling a class action alleging that it improperly charged overdraft fees for certain transactions. The complaint alleged, first, that UFCU did not properly opt members in to the overdraft program. Second, it claimed that members were charged overdraft fees when they had enough money to cover the transaction in the ledger balances of their checking accounts but not in their available balances. The complaint asks for a refund of the supposedly improper overdraft fees.Docket Number:
Company: United Federal Credit Union
Filing Deadline: April 1, 2019
Class Period: August 15, 2010 to September 30, 2018
Objection Deadline: April 20, 2019
Exclusion Deadline: April 1, 2019
Final Approval Hearing: June 3, 2019Proof of Purchase:
If you received a Notice and Claim Form, file the Claim Form by April 1, 2019. If you received only a Notice, you do not need to file a Claim Form. If you did not receive anything, but believe you are a class member, contact the settlement administrator. Presumably UFCU records will be used for verification.Eligibility:
You may be eligible if you are a member of either of these classes:
- You are a member of UFCU who was charged an overdraft fee for a transaction, between October 3, 2011 and September 30, 2018, when you had sufficient funds for the transaction in the ledger balance of your account but not the available account.
- You are a member of UFCU and you were charged an overdraft fee for an ATM or debit card transaction for the first time between August 15, 2010 and September 30, 2018.
Refund of up to ten overdraft fees charged to you by UFCU. Amounts may be less than the fees charged, depending on how many valid claims are received.
Total Settlement Amount: $1,750,000Class Representative Proposed Incentive Fee:
Kick Law Firm APC
Case Name: Tonya Gunter v. United Federal Credit Union
Settlement Website: United Federal Credit Union Overdraft Fee Settlement Website
Kurtzman Carson Consultants
Gunter v. United Federal Credit Union Claims Administrator
c/o KCC Class Action Services LLC
P.O. Box 404000
Louisville, KY 40233-4000