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:

    They closed your account? I’m still at PNC – I went through the drive-thru and deposited my money. I had no issues. It appears as though from your bank names that you are located in PA. Since PNC is located in Pittsburgh that could be the reason. It appears as though I received one of the greater amounts – which only means that I had a tremendous amount of overdrafts. I know that it’s not any consolation to anyone, but maybe we need to start being a little bit more careful in how we manage our accounts. I know that since the new law regarding asking account holders whether or not they wanted overdraft coverage – I haven’t overdrawn my account but once – and only for $1.48. I know we’d all like to think it was the always the bank’s fault – but maybe revising our thinking just a little bit might enable us to manage our accounts a little bit better.

    This small amount helped me as I just lost my job last week – so no lottery tickets for me this time.

  2. Anonymous says:

    I participated in the class action and received a mere $35.50 and when I showed up in the bank I got the cold shoulder and a friendly letter in the mail that PNC hereby closed my account at their will! I believe that this is retaliation for participating in the lawsuit.
    I have been a member of PNC, National City, Keystone Bank and Punxsutawney National bank for over 40 years. These banks are the predecessors to PNC Bank. I was really taken to the laundry with overdraft fees by as much as $250.00 per day. This all started to happen when National City knew they were doomed and Bankruptcy was imminent.
    Can I take legal action against them?

  3. Anonymous says:

    Received my check today for $110.06. I, like everyone, lost way more than that but I after reading the other amounts it appears I got one of the larger checks. I think I may go fill up my car and buy my family some groceries with my winfall. Oh, and try not to think about all of the money that I actually lost.

  4. Anonymous says:

    Your are a lucky guy or girl… You have received the most money from the post that hae been posted… Play the lotery you just might win.

  5. Anonymous says:

    I will be closing my PNC account. $28 dollars from this lawsuit is an outrage after having hundreds stolen out of our account.

  6. Anonymous says:

    I received my check yesterday for $234.31. I know I had a couple of months where I had quite a few overdrafts.

  7. Anonymous says:

    I received my check yesterday 5/29/12 for $35.50.. I lost more as well, but its something I guess..Its funny how the checks said “For Deposit Only.”

  8. Anonymous says:

    Received a very large check for $17.61 today. Glad to know the 3 people who started the suit, and the attorneys were the ones who made out. Seems like they’re paying claims with a bingo ball mixer, “Jane doe….spin…$3.67….John smith…spin…$132.43.” I gave up my right to sue these bastards for $17?! What the hell.

  9. Anonymous says:

    $85.21… Its something I guess but it will never make up for me going hungry and dodging my landlord for 2 weeks because they took me for my entire paycheck in fees.

  10. Anonymous says:

    $45.16 back. I lost way more than that but at least it was something.

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