Overdraft Fees

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

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

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