APPSN Transactions
Freedom First Credit Union Improper Overdraft Fees Class Action
This class action brings suit against Freedom First Credit Union, alleging it improperly charges overdraft (OD) fees on debit card transactions that were authorized on accounts with sufficient funds. The complaint alleges that this violates Freedom’s own contracts with customers and Regulation E of the Electronic Fund Transfer Act (EFTA). Read more
TBK Bank Overdraft Fees on APSN Transactions Class Action
The complaint for this class action claims that TBK Bank, SSB charges customers overdraft fees on debit transactions that were authorized on accounts that had sufficient funds. The complaint alleges that this practice is deceptive, breaches the bank’s deposit agreement as well as its OD Opt-In Form, and violates its duty of good faith and Read more
Rhode Island Credit Union Overdraft Fees on APSN Transactions Class Action
The complaint for this class action alleges that Rhode Island Credit Union (RICU) improperly charges overdraft fees on certain debit transactions that were authorized with sufficient funds. “Besides being deceptive,” the complaint alleges, “this practice breaches [RICU’s] standardized adhesion contract” as well as its “duty of good faith and fair dealing[.]” Read more
Pendleton Community Bank Unfair OD Fees, Multiple NSF Fees Class Action
This class action about unfair bank fees makes two allegations against Pendleton Community Bank, Inc.: (1) that it charges overdraft (OD) fees for debit transactions that were authorized with sufficient funds in the account, and (2) that it charges multiple non-sufficient funds (NSF) fees on single items. Read more
NBT Bank Overdraft and NSF Fee Settlement
NBT Bank, NA is paying more than $4 million to settle a class action alleging it charged customers certain improper overdraft (OD) and non-sufficient funds (NSF) fees, including APPSN (Authorize Positive, Purportedly Settle Negative) fees and Retry fees. The complaint alleges that NBT breached its account agreements and violated consumer protection laws when it did Read more
Frontwave Credit Union OD Fees on APPSN Transactions Class Action
Frontwave Credit Union, the complaint for this class action alleges, unfairly charges overdraft (OD) fees on something called APPSN transactions, that is, “Authorize Positive, Purportedly Settle Negative” transactions. These are transactions that are authorized when an account balance is positive, but settle at time when the account is in overdraft, and the complaint alleges that Read more