Lawsuits Against Credit Unions for Illegal Overdraft Fees

Last Updated on October 13, 2022

Investigation Complete

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At A Glance

This Alert Affects:
Credit union members who believe they were unfairly or illegally charged overdraft fees.
What’s Going On?
Attorneys working with are investigating whether class action lawsuits can be filed against credit unions for the way they charge overdraft fees.
What’s the Problem?
It’s been alleged that some credit unions may be engaging in the same overdraft practices that several major banks were sued over in the past decade. These banks paid millions to their customers to resolve the claims.
How Could a Class Action Lawsuit Help?
If a class action lawsuit is filed and is successful, credit union members may be able to get back money for any illegal overdraft fees they were charged.