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:

    I need my $1,800.00 dollars. Im sick of waiting. Are they ever going to update this action. Im waiting

  2. Anonymous says:

    will they ever pay is the question…..

  3. Anonymous says:

    so when do the settlement payments get paid out!!!

  4. Anonymous says:

    i owned a small business and these crooks did this with my business account, taking thousands of dollars over time. i complained about the resequencing also, yrs ago and was told they don’t do this. i knew they did but had no money to hire attny as they were taking it all. eventually forced to close my business after 3 yrs as they got me in such a jam, i couldn’t find my way out and ran out of funds for the business. i wish this suit included business accounts also and i don’t understand why it doesn’t? anyone have a clue?

  5. Anonymous says:

    PNC is still a total rip off! They, to this very day, sequence multiple payments in order to get the most overdraft fees possible. Here’s a good one! I was charged an overdraft fee of $36 for an $81 water bill and $36 for the $1.80 processing fee. I elected overdraft protection, so I said nothing about the fees. They then reversed out the $81 and the $1.80 saying there wasn’t enough money in my account…which I knew…took the money back from the water company, but did not give me back the $72 in overdraft fees. Their banking establishment is horrible. As soon as I am able to switch banks, I plan to do so. I look for a class-action to get underway against PNC individually in the very near future.

  6. Anonymous says:

    just called 800 # and spoke to rep judge as not granted final approval yet. Rep dont know when we will receive money.

  7. Anonymous says:

    As it is, the lawyers and other legal people are getting 3,000,000 of the 12,000,000. The leaves 9,000,000. If only 250,000 people filed claims the maximum any one person could get is $36.00. Do the math people. You know there were more than 250,000 people that were charged overdraft fees in the 6 years that this covered. You will be lucky to get one single overdraft fee reimbursed to you.

  8. Anonymous says:

    what i read is youll recieve $36 for up to 10 late fees over 2 month period if u had that many

  9. Anonymous says:

    People, If you think your going to receive all the money you lost, your wrong, wrong, wrong, all you’ll receive is anywhere betweent $5.00 to $35.00. Stop thinking this will be a big pay out for you, youre building yourself up for a big let down

  10. Anonymous says:

    Anyone who is still paying fees… you do know that the new banking law allows you to opt out of overdraft protection! Do it… it will be the best thing you ever did. What will happen if your account runs out of money? Well you won’t be able to use your debit card till you put money back in. The difference now is no fees.

    Simply carry around another form of payment.

    ….and dangit… where is my check from this lawsuit as well? I am owed hundreds. I hated this bank with passion. Almost worse than Fifth/Third,

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Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.