February 3, 2024

NSF and overdraft fees: Did your bank charge you too much? 2023 lawsuit: Is It a Scam? Find Out!

Did any financial institution charge you a non-sufficient funds(NSF) fee? Did you receive a mail about a class action on the settlement  to resolve claims that a number of banks and credit union have been accused of engaging in deceptive conduct by allegedly charging customers excessive overdraft fees? This review will help you partake in the class action settlement after confirming the authenticity of the mail.

What Is NSF and overdraft fees Class Action Settlement?

Standing on their own, overdraft fees and NSF fees are not unlawful; however, a number of class action lawsuits have been filed against financial institutions accused of misusing the charges by making them excessively expensive and repetitive.

Consumers in some of the complaints have even argued that the banks and credit unions are taking advantage of their financial instability with the allegedly over-the-top and repeat NSF and overdraft fees.

What Is This Class Action All About?

Attorneys working with Top Class Actions are ready to investigate your claim and determine whether you were a victim of deceptive overdraft and NSF fee practices at the hands of a bank or credit union.

Filing a claim is the first step to holding financial institutions accountable for allegedly charging consumers with over-the-top and repetitive NSF and overdraft charges.

A number of banks and credit unions have been accused of engaging in deceptive conduct by allegedly charging customers excessive overdraft fees and/or NSF fees that can prove to be a costly financial burden.

Financial institutions that may be charging excessive and repeat overdraft and NSF fees include:

  • GTE Financial Credit Union (Florida)
  • TBK Bank
  • Middlesex Bank
  • Civista Bank.

Who Is Eligible?

The settlement benefits all class members who  were charged an overdraft or NSF fee by one of the financial institutions listed, this qualifies you to join the class action lawsuit claim.

How To Be Part of This Settlement

For a class member to partake in this settlement, they must submit their Valid claim on the settlement website.

What Is The Pay For This Settlement?

The pay for this settlement varies and the proof of purchase is not necessary.

Conclusion

As you submit your claim to the settlement website, just like Excessive 401(K) fees class action settlement we have reviewed , you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.

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