Status: closed
Bank of America (overdraft fees)
Defendant: Bank of America
Bank of America will pay $8 million to settle a case alleging the bank charged unfair overdraft and non-sufficient funds (NSF) fees on some transactions between May 19, 2017, and Feb. 16, 2023. Bank of America customers who, during this period, paid and were not refunded an overdraft and/or NSF fee assessed when a check or ACH (electronic) transaction was reprocessed by the bank may be eligible for payment.