If You Paid An Overdraft Fee to First National Bank of Pennsylvania, You Might be Eligible for a Payment from the First National Bank of Pennsylvania Overdraft Fee Class Action Settlement.
First National Bank of Pennsylvania and F.N.B. Corporation (“First National Bank of Pennsylvania” or “Defendants”) have reportedly agreed to a proposed settlement of a class action lawsuit against them in the U.S. District Court for the Western District of Pennsylvania (captioned as Ord v. First National Bank of Pennsylvania, et al., Case No. 2:12-cv-00766-AJS, and Clarey v. First National Bank of Pennsylvania, Case No. 2:12-cv-001305-AJS) (Judge Arthur J. Schwab) alleging, among other things, that First National Bank of Pennsylvania posted certain Debit Card Transactions in the order of highest-to-lowest dollar amount, allegedly causing an increase in the number of Overdraft Fees assessed to certain First National Bank customers, according to the First National Bank of Pennsylvania Overdraft Fee class action settlement notice.
Who Is Included In The First National Bank of Pennsylvania Overdraft Fee Class Action Settlement?
The First National Bank of Pennsylvania Overdraft Fee settlement class reportedly includes, unless otherwise excluded, all persons who had a First National Bank of Pennsylvania checking or demand deposit Account that could be accessed with a Debit Card; and between June 1, 2006, through and including February 8, 2013, incurred an Overdraft Fee (i.e., a fee for customer’s withdrawals from a bank account that exceed the available balance) as a result of First National Bank of Pennsylvania’s practice of posting Debit Card Transactions from highest to lowest dollar amount (and had two or more Overdraft Fees assessed on the same day, at least once).
What Settlement Benefits Does The First National Bank of Pennsylvania Overdraft Fee Class Action Settlement Provide?
Under the First National Bank of Pennsylvania Overdraft Fee class action settlement, First National Bank of Pennsylvania will create Settlement Fund of $3.0 million to pay settlement class members. Settlement class members will reportedly be sent settlement payments by check or credit to their accounts automatically. The amount of the settlement payments depends on the number of Settlement Class Members and the amount of the covered overdraft fees paid.
Where Can You Obtain More Information About The First National Bank of Pennsylvania Overdraft Fee Class Action Settlement?
For more information about the First National Bank of Pennsylvania Overdraft Fee settlement, contact the Settlement Administrator, by writing to First National Bank of Pennsylvania Overdraft Litigation c/o Gilardi & Co. LLC, P.O. Box 6002, Larkspur CA 94977-6002, or visiting the First National Bank of Pennsylvania Overdraft Fee settlement website at www.firstnationalbankofpaoverdraftsettlement.com, or calling 1-888-267-4126 or by emailing info@FirstNationalBankof PAOverdraftSettlement.com.
If You Have Thoughts On The First National Bank of Pennsylvania Overdraft Fee Class Action Settlement, Share Your First National Bank of Pennsylvania Class Action Settlement Comments Below.
Why should this ban k have to return overdraft fees when TD Bank and TD Banknorth along with Bank of America and Chase pays absolutely nothing for all the money they cheated the American people out of ?