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:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    If your direct deposit is shown in your account when you look online and the deposit is listed as part of your “available balance”: then it should not be considered “floating” a check to pay a bill on that day. The bank says the money is there, but they used to run the debits first just to charge you OD fees before they let the direct deposit be credited to your account. It ticks me off to see people write that it’s “floating checks and fraudulent.” If the bank shows the deposit as part of your available balance, then they have the money and that money should cover whatever comes in that day, plain and simple!

  2. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    I honestly think National City has probably recieved at least $500 from me in overdraft funds and most of them were ridiculous. Back in 2009 my whole tax return went to getting my national city account back on track. I hope my claim will work out even though I lost the thing I got in the mail for it so I had to just file an online claim with no postcard or reference number.

  3. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    Why only $12 Million? Why doesn’t the total amount of the claim cover the total damages. It’s great these crooks are being sued but in terms of punishment AND JUSTICE this might as well be a paper cut. I’m sure the amount they robbed customers of totals in the hundreds of millions.

  4. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    I had a checking acnt with them and direct deposit. My old bank I could set the dates (online banking) for paymnts to come out after the direct deposit.
    NatCity took out the largest payment before the deposit hit. This made debit card uses hit before.
    They TOLD ME “This is how the bank makes money on ‘free’ checking accounts” IT WAS A NIGHTMARE.
    I went back to my old bank and have never looked back. They also told me my mortgage check (the biggest payment) could not be paid “electronically” BULL$HIT.

    Nevik and LISA OD– YOU WORK FOR PNC, morons.

  5. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    I am part of this settlement. I was wondering when it will be paid out? Does anyone know?

  6. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    I also had an incredible amount of overdraft fees. I was a college student at the time and I remember depositing multiple $400 paychecks only to find out my account wad overgrown and I no longer had rent money. The people I worked with had no sympathy or understanding for what I wad going through. Truly a heartless corporation, and the saddest part is even if they pay out they probably won’t say sorry. All I want is for them to admit that they were @ssholes….

  7. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    @Fed up: If you are opted out you will only get a OD fee for a Check/ACH or a Reoccurring debit card purchase. Perhaps you are one of the people who are opted in because “I don’t want to be embarrassed if my card is declined”. Which is a fancy way of saying “I don’t want people to know I am spending more money than I have.” As for writing a check or ach, that’s a written contract with you and your merchant. Perhaps they should take you up on check fraud every time you write a check when there isn’t enough in your account to cover it(Know that a direct deposit is coming in). Playing the float game is check fraud plain and simple. And as for Pending charges. Did you or did you not spend that money? Again, the float game. If banking is hard perhaps you should just take out cash and once you run out you stop spending?

  8. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    I dont no whats going on? but some how i
    during the switch of the two componies i had two acounts and both of them ended p with late fees .dont ask me how i accured them .but now i have at least a 1.000.00 in bad credit on my report from late fees .

  9. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    I am not part of this lawsuit but I had a problem with overdraft fees this Jan/Feb 2011. I had auto deposit setup on my checking account when I opened it in order to receive their special rewards but was not informed that the auto deposit was a condition of the account, only a condition of the special offer. I stopped the direct deposit and my account balance was zero. They then charged a $10 fee. That was followed by a $10 direct deposit credit that I had never seen before on my statements. In fact, when I asked PNC Bank about the direct deposit credit they said it should appear on every statement but that is not true.Those 2 items were then followed by ongoing $10 fees nearly everyday. They have since closed the account and now they are sending me a collection notice for $148 or so. I wish I was part of this suit but would like to start a new class action again PNC Bank. I will never bank with them again as their practices are very deceptive.

  10. Anonymous says:

    National City Bank (PNC) Overdraft Fee Class Action Settlement
    [quote][/quote]I also have documentation of them stealing money from my business and personal accounts. I want to see how this plays out, they always had an excuse to why they were charging these fees with no reasonalble explanation.

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