Sarah Mirando  |  April 4, 2011

Category: Legal News

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National City Bank (PNC) Overdraft Fee Class Action Settlement 

 

By Kimberly Mirando

National City PNC Bank

National City Bank and PNC Bank (PNC) have reached a $12 million class action lawsuit settlement concerning illegal overdraft fees. If you paid overdraft fees to National City (including accounts transferred to PNC when it merged with National City in November 2009), you may be eligible to receive a cash payment from the class action settlement that could be as much as $100 or more.

 

According to the National City Bank class action lawsuit settlement, titled Trombley, et al. v. National City Bank, et al., National City improperly assessed overdraft fees for insufficient funds on debit card purchases and ATM withdrawals in a number of ways that were unlawful, including by “re-sequencing” transactions in order to maximize the number of overdraft fees. The lawsuit alleges that these practices were unlawful and caused financial injury.

 

You’re considered a class member of the National City overdraft fee settlement if you hold or ever held a National City Account and at any time from July 1, 2005 through August 15, 2010 incurred at least one Overdraft Fee associated with at least one National City Debit Card Transaction that was not previously reversed, refunded or returned. (The settlement does not apply to any PNC accounts that were opened for the first time through PNC or one of PNC’s predecessor banks other than National City. It does, however apply to National City account holders who were charged fees before or after National City was merged into PNC.)

 

As part of the $12 million National City class action settlement, National City will pay class members $36 for each eligible Overdraft Fee they incurred during the class period. However, if the number of people filing claims is small enough, you may be able to receive up to three times this amount!

 

All you have to do to receive your share of the National City cash settlement is to submit a valid claim form no later than August 26, 2011 either by submitting it online at www.NationalCityClass.com or mailing it to the Settlement Administrator. (Claim forms can be found here.)

 

For detailed information on how to file a valid claim form and receive your share of the National City Bank Overdraft Fee Class Action Lawsuit Settlement, go to our Open Lawsuit Settlements section.

 

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Updated April 4th, 2011

 

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188 thoughts onNational City Bank (PNC) Overdraft Fee Class Action Settlement

  1. Anonymous says:

    Is there any way to figure what we should have gotten had the attorneys not taken the lion’s share of this farce of a settlement? I got taken for thousands and get back less than $50. Really? Can justice really be had anymore?

  2. Anonymous says:

    Just got my Settlement check and it kills me that I had thousands of dollars in overdrafts in the 3 years I banked with them and I got $3.55 of it back. If I had chosen not to use a bank based on my experience with them it would cost me $3 to cash the damn check. I will deposit it in my account and buy myself a soda on the bank that bought their vacation homes on people like me.

  3. Anonymous says:

    Just got my check today for $184.61. I’m happy with that. I knew I’d never get my thousands back. I thought I’d get nothing because in April I got a letter stating they couldn’t find my account info. I called 3 times and they said even if I sent proof of my old account, there was no guarantee they would approve my claim. I mailed my proof on the last day it had to be postmarked by, and drove 20 miles to a post office that was open late so it could be postmarked. I thought maybe I’d get $50. It’s not right that we were essentially robbed of lots more money, but hey it’s $184.61 I can really use.

  4. Anonymous says:

    Its our goverment that lets Atts. and banks get in bed together so that we get nothing. My overdrafts were more than $900.00 and i get $3.55. Please, I LIKE TO BE KISS FRIST !!!!!!!!!

  5. Anonymous says:

    “The amount of valid claims received exceeds the amount in the Net Settlement Fund. Therefore, all claims have received a proportional distribution based on the final numbers, as contemplated under the Settlement Agreement.” $74.55. ARE YOU KIDDING ME?

  6. Anonymous says:

    @ Charles:

    Saw the same story and had the same thoughts. LOL

  7. Anonymous says:

    To Ann,
    Check this out! I seen this news clip of this guy in PA who banks at Wells Fargo. The bank mistakenly deposited $69,000 into his account, and the account holder spent the money, when the bank found the mistake the guy turned his self in, now he has been charged with theft and receiving stolen property. Here National City took money from account holders, knew what they were doing, know one was fired (just a change in bank names). Now we got crook attorneys that settle the case where we get back $3.60 of the $36.00 that was taken and these attorneys have the most of OUR money. I know that there will be someone that will say this guy that spent $67,000 from the Wells Fargo case, that its different, but I have to say that its not different. We treat these banks like the IRS. Give me the info to go after these crook attorneys.

  8. Anonymous says:

    And when you say “we” Liz, who is “we”?

  9. Anonymous says:

    Yes I would also be interested in filing a complaint with the bar. Clearly if these lawyers were interested in anything but their own pockets they wouldnt have settled so goddamn quickly. And to be honest its not even about the money. I would rather see the bank suffer for what they have been doing then to collect anything.

  10. Anonymous says:

    You should pay close attention to a letter that resembles junk mail. You wouldn’t want to pitch your settlement.

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