$3.1M Midland States Bank overdraft fees class action settlement

Midland States Bank agreed to a $3.1 million class action lawsuit settlement to resolve claims it charged unfair overdraft and nonsufficient funds (NSF) fees.

The Midland States Bank class action settlement benefits individuals who have or had a checking account with Midland States Bank, Alpine Bank & Trust Co. and/or Centrue Bank and who were charged certain overdraft and NSF fees between April 8, 2012 and April 30, 2022.

According to the class action lawsuit, Midland States Bank charged unfair overdraft fees on transactions that had sufficient funds at the time of authorization but were later charged NSF fees. Plaintiffs also challenge “fee-on-fee” overdraft fees and retry NSF fees assessed after an initial NSF fee.

Midland States Bank is a financial institution with over 70 locations in Illinois, Missouri, Nebraska, Wisconsin and Indiana.

Midland States Bank has not admitted any wrongdoing but agreed to a $3.1 million settlement to resolve the class action lawsuit.

Under the terms of the Midland States Bank class action settlement, class members can receive a proportional share of the settlement fund based on the amount they paid in relevant fees.

Exact payments will vary depending on the number of fees each class member was charged and the total number of fees charged to all class members. No payment estimates are available at this time.

The deadline for exclusion and objection is Aug. 11, 2025.

The final approval hearing for the Midland States Bank overdraft fees class action lawsuit settlement is scheduled for Sept. 10, 2025.

No claim form is required to benefit from the settlement. Class members who do not exclude themselves will automatically receive a settlement payment.

Who’s Eligible

For the Alpine APSN Fee Class, Alpine Bank & Trust Co. personal checking account holders in Illinois who were charged one or more APSN fees between April 8, 2012 and Feb. 28, 2018.

For the Alpine Retry Fee Class, Alpine Bank & Trust Co. personal checking account holders in Illinois who were charged one or more retry fees between April 8, 2012, and Feb. 28, 2018.

For the Centrue APSN Fee Class, Centrue Bank personal checking account holders in Illinois who were charged one or more APSN fees between April 8, 2012, and June 12, 2017.

For the Midland APSN Fee Class, Midland States Bank personal checking account holders in Illinois who were charged one or more APSN fees between April 8, 2012, and April 30, 2022.

For the Midland Fees-On-Fees Class, Midland States Bank personal checking account holders in Illinois who were charged one or more fees-on-fees between April 8, 2012, and April 30, 2022.

Potential Award

Varies.

Proof of Purchase

N/A

Claim Form Deadline

09/10/2025

Case Name

Garcia, et al. v. Midland States Bank, Case No. 2022-LA-0000104, in the Circuit Court of Winnebago County, Illinois

Final Hearing

09/10/2025

Settlement Website

GarciaBankFeesSettlement.com

Claims Administrator

Garcia v. Midland States Bank Settlement Administrator
P.O. Box 301172
Los Angeles, CA 90030-1172
[email protected]
833-419-5090

Class Counsel

Lynn Toops
COHEN & MALAD LLP

Sophia Gold
KALIEL GOLD PLLC

Jonathan M. Streisfeld
KOPELOWITZ OSTROW P.A.

Marty Schubert
STRANCH, JENNINGS & GARVEY PLLC

Defense Counsel

Scott Porterfield
BARACK FERRAZZANO KIRSCHBAUM & NAGELBERG LLP