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This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Updates:
- Readers reported this settlement paying out $6.47 as of October 2023.
- Congratulations to everyone who filed a claim and got PAID!
- A judge granted final approval for this class action lawsuit on Sept. 21, 2023.
- Let Top Class Actions know when you receive a check in the comments section below or on our Settlements & Payouts Facebook group.
Bank of America agreed to a $8 million settlement to resolve a class action lawsuit claiming it charged unfair overdraft and non-sufficient funds (NSF) fees on checks.Â
The settlement benefits Bank of America customers who were not refunded an NSF and/or overdraft fee in connection with a reprocessed check or ACH entry.Â
According to the class action lawsuit, Bank of America charged multiple NSF fees and overdraft fees assessed on check transactions. Plaintiffs in the case say these fees violate Bank of America’s fee policies.Â
Bank of America is a national bank chain that offers various financial products, including checking and savings accounts.Â
Bank of America hasn’t admitted any wrongdoing but agreed to an $8 million settlement to resolve the bank fees class action lawsuit.
Under the terms of the Bank of America NSF fees settlement, class members can receive a proportional share of the net settlement fund based on the amount they were assessed inÂ
The deadline for exclusion and objection is June 24, 2023.
The final approval hearing for the settlement is scheduled for July 24, 2023.
No claim form is required to benefit from the settlement. Class members who do not opt out will automatically receive a settlement payment.
Who’s Eligible
Bank of America customers who were not refunded an NSF and/or overdraft fee in connection with a reprocessed check or ACH entry
Potential Award
Varies
Proof of Purchase
N/A
Exclusion Deadline
06/24/2023
Case Name
Checchia, et al. v. Bank of America NA, Case No. 2:21-cv-03585, in the U.S. District Court for the Eastern District of Pennsylvania
Final Hearing
07/24/2023
Settlement Website
Claims Administrator
Checchia v. Bank of America
Settlement Administrator
P.O. Box 2696
Portland, OR 97208-2696
888-771-2047
Class Counsel
Jeff OstrowÂ
Jonathan StreisfeldÂ
KOPELOWITZ OSTROW PA
Kenneth J Grunfeld
GOLOMB SPIRT GRUNFELD PC
Jeffrey KalielÂ
KALIELGOLD PLLC
Defense Counsel
Jarrod ShawÂ
Brian A KahnÂ
MCGUIREWOODS LLP
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402 thoughts onBank of America NSF, overdraft fees $8M class action settlement
How can I claim in settlement if my account is closed I was active up until 2/22, over draft fees missing money help please
I been a customer since 2019 and Bank of America took my money froze my account I still had 65000 in my account that I can’t get
What is you no longer you just Bank of America for this particular reason and you do not live in the state where this happened then what
I was a Member a few years back and would like to know if I am apart of this knowing I have $1,275 or more in debt from this bank how do I find out if I’m apart of this or not?
How do I find out if im part of this class action
In 2018 I became so overwhelmed with over draft fees that while talking to a man from the bank I made the comment that I felt like hanging myself and hung up. About 20 mins later 2 police officers came to my house. The bank called for a welfare check. Not sure if B.O.A really cared or if they were just making sure they were going to get more NSF fees out of me.
I need to speak with a lawyer to get some details about how the process works.
WHAT TO DO IF I AM A CUSTOMER SINCE 1985 ? HOW CAN I REMEMBER IF THIS HAS HAPPENED TO ME ? CUT OFF DATE JUN 2023 ?
Hope I am part of it back in 2001 I could stop over draft fee
I need to be added.
I was a member of Bank of America but recently changed Banks , Will this affect my claim ?
I hope I’m part of this class action lawsuit.