Additional charges in breach of contract

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

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  Read more

Navy Federal Credit Union Multiple NSF Fees Settlement

Navy Federal Credit Union is paying some $16 million to settle a class action alleging that it charged customers “representment” fees, or multiple non-sufficient funds (NSF) fees on a single item and that this breached its contracts with customers. The complaint claimed that when an item that had previously been refused payment for insufficient funds  Read more

KeyBank Overdraft and Nonsufficient Funds Fees Class Action

KeyBank, the complaint for this class action alleges, charges customers improper overdraft (OD) and nonsufficient funds (NSF) fees. It alleges that the bank charges customers OD fees in improper circumstances and charges more than one NSF fee on a single transaction.  Read more

Equity Bank Overdraft and Non-Sufficient Funds Fees Class Action

Two practices are at issue in this class action. The complaint alleges that Equity Bank (1) charges overdraft (OD) fees on accounts that were never actually overdrawn, and (2) charges more than one non-sufficient funds (NSF) fee on a single item. These practices, the complaint says, breaches the bank’s contracts. It refers to them as  Read more

Visions Federal Credit Union Multiple NSF Fees on One Item Class Action

Visions Federal Credit Union tells its checking customers that, if their balances are too low to cover a presented item (such as a check or an autopayment), it will charge them a $25 nonsufficient funds (NSF) fee. But the complaint for this class action alleges that it does not do this: “Instead, Visions routinely charges  Read more

American Airlines Charges for “Free” Checked Bag Class Action

According to the complaint for this class action, in 2019, American Airlines, Inc. (AA) earned over $1.4 billion in baggage fees. AA now offers to allow certain customers to check bags for free now, but the complaint alleges that “AA systematically required these passengers to pay to check bags and thus breached its contract with  Read more

Hanscon FCU Unlawful Imposition of Fees Class Action

Hanscom Federal Credit Union, claims the complaint for this class action, seeks “to maximize the fees it imposes on members.” It does this, the complaint says, by charging overdraft (OD) or nonsufficient funds (NSF) fees on accounts that had enough money to cover the transactions, and by imposing more than one NSF fee on a  Read more

Navy Federal Credit Union Foreign Fees for Online Purchases Class Action

Is a transaction by an American in the US at a foreign website a foreign transaction? Should it be subject to the additional International Service Assessment Fees (ISAF) charged by banks and other credit or debit card companies for foreign transactions? This class action, against Navy Federal Credit Union (NFCU) says no.  Read more

Capital One Out-of-Network Balance Check Fee Settlement

Capital One is paying $13 million to settle a class action alleging that it charged accountholders improper fees. The complaint alleged that when accountholders made balance inquiries at out-of-network ATMs, Capital One charged fees that breached its contracts with the customers. An out-of-network ATM is one that is not part of Capital One’s fee-free ATM  Read more

Boeing Employees Credit Union Improper Transfers and Fees Class Action

We’ve seen class actions against banks and credit unions for charging multiple nonsufficient funds (NSF) fees on a single item. This class action against Boeing Employees Credit Union (BECU) also complains about making improper transfers between business and personal accounts and processing items out of order.  Read more