Sauder Schelkopf is investigating potential class action lawsuits on behalf of bank and credit union customers who have been assessed improper fees for overdrafts or insufficient funds (NSF). It has been alleged that certain banks and credit unions are raising fees, assessing multiple fees on the same transaction, or reordering transactions to assess more fees.
A 2020 report by the Center for Responsible Lending stated in part:
A review of 2019 data shows that big banks continue to collect over $11 billion in overdraft-related fees each year. Banks engage in a number of abusive practices that combine to drain massive sums from their customers’ checking accounts.
If you believe your bank or credit union improperly charged overdraft or NSF fees, please contact us.
The attorneys at Sauder Schelkopf have recovered over $60 million in overdraft fees for its clients and class members. We have a nationally recognized litigation practice with significant experience representing individuals throughout the country.
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You can contact the lawyers at Sauder Schelkopf by filling out the form on this page or calling 888.711.9975