Overdraft Fees

Sandia Laboratory FCU Improper Overdraft Fees Class Action

This class action brings suit against Sandia Laboratory Federal Credit Union (SLFCU) for charging overdraft (OD) fees when no overdraft has actually occurred. The complaint alleges that customers have been charged OD fees when their accounts had enough money in them to cover the transaction in question.  Read more

BBVA Improper Charging of OD/NSF Fees California Class Action

In recent years, fees have earned a substantial portion of banks’ revenue. The complaint for this class action brings suit against BBVA USA for two practices related to fees: (1) charging overdraft (OD) fees on transactions that do not actually overdraw accounts, and (2) charging more than one non-sufficient funds (NSF) fee on a single  Read more

South State Bank Multiple NSF/OD Fees Class Action

A number of class actions have recently brought suit against banks and credit unions regarding the charging of multiple nonsufficient funds (NSF) fees or an NSF fee plus an overdraft (OD) fees on a single item. The complaint for this one brings suit for these kinds of multiple charges against South State Bank.  Read more

Canandaigua National Bank & Trust Improper Overdraft Fees Class Action

Banks have sometimes been accused of charging overdraft (OD) or non-sufficient funds (NSF) fees in situations where they would not have expected to incur them. This case brings suit against Canandaigua National Bank & Trust (CNB) for charging customers OD fees even when their statements never show an overdraft.  Read more

Redstone Federal Credit Union OD Fees Without Overdrafts Class Action

The complaint for this class action alleges that Redstone Federal Credit Union (RFCU) charges customers overdraft (OD) fees or non-sufficient funds (NSF) fees on transactions that do not actually overdraw accounts.  Read more

Citizens and Farmers Bank Improper Overdraft, NSF Fees Class Action

This is one in a line of class actions filed over the allegedly improper imposition of fees on checking accounts by banks and credit unions. The complaint alleges that Citizens and Farmers Bank assesses overdraft (OD) fees on certain transactions even when accounts were never overdrawn.  Read more

iThink Financial Credit Union Unfair OD and NSF Fees Class Action

The iTHINK Financial Credit Union was formerly the IBM Southeast Employees’ Credit Union (IBMSECU). The complaint for this class action alleges that the credit union does “unfair and unconscionable assessment and collection of ‘overdraft fees’ (‘OD Fees’) on accounts that were never actually overdrawn, and … routinely charg[es] two or more fees, including OD Fees  Read more

PNC Bank OD Fees on Accounts Not Overdrawn Class Action

Banks now make substantial income from overdraft (OD) and non-sufficient funds (NSF) fees. The complaint for this class action claims, “These fees are by definition often assessed on consumers struggling to make ends meet with minimal funds in their accounts.” It brings suit against PNC Financial Services Group, Inc., alleging PNC assesses such fees unfairly.  Read more

Dacotah Bank Overdraft Fees for Accounts Not Overdrawn Class Action

Recently many class actions have complained about improper overdraft or non-sufficient funds fees, which add to the profits of banks and credit unions. The complaint for this class action alleges that Dacotah Bank charges customers overdraft or non-sufficient funds fees on items that do not actually overdraw accounts.  Read more

First Savings Bank Overdraft Fees on Accounts Not Overdrawn Class Action

A number of class actions have taken issue recently with the way banks charge overdraft (OD) fees. The complaint for this class action alleges that First Savings Bank charges OD fees for transactions that do not actually overdraw accounts. The complaint alleges, “This practice works to catch accountholders in an increasingly devastating cycle of bank  Read more