Tag Archives: citizens bank class action settlement update

Update on Class Action Lawsuit Against Citizens Bank for Overdraft Fees

On 9/28/13, I received a check from the Citizens Bank Overdraft settlement for $6.33 (below).

Citizens Bank Overdraft  Fee Settlement Check

Citizens Bank Overdraft Fee Settlement Check

The letter said, “This check is issued pursuant to the terms of class action settlement in the cases styled as In Re: Checking Account Overdraft Litigation, Case No. 1:09-md-02036-JLK; Duval v. Citizens Financial Group, Inc., et al., S.D. Fla. Case No. 1:10-cv-21080-JLK; Daniels v. Citizens Financial Group, Inc., S.D. Fla. Case No. 1:10-cv-22014-JLK; and Blanksenship v. RBS Citizens, N.A., et al., S.D. Fla. Case No. 1:10-cv-22942-JLK.

You can get more information about the Settlement by visiting the settlement website at http://www.citizensoverdraftsettlement.com, call the toll free number, 1-888-273-0426, or by contacting the Citizens Overdraft Settlement Administrator at PO Box 3410, Portland, OR 97208-3410.”

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Important: If you are looking for information about the Citizens Bank Overdraft Settlement, the official website is here: https://www.citizensoverdraftsettlement.com//

On 11/19/12, I received this notice in the mail:

Most Commons Questions about the citizens bank overdraft class action:

1) How much will Citizens bank customers be paid out of the overdraft class action lawsuit settlement?

2) When will citizens bank reimburse overdrafts?

3) How to join the class action suit against Citizens bank?

I wrote Citizens bank customer service on May 4, 2012 asking about the settlement, because I too was affected by Citizen bank overdraft fees.

They wrote back:

“Dear Preston Leonard,

Thank you for your recent inquiry.  Please be advised if the court approves the settlement, impacted customers will be formally notified. If you have any further questions you may email us or call us at our 24 hour Customer Service at 800 922-9999.”

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Citizens Bank to pay $137.5m to settle overdraft suit

By Beth Healy and Todd Wallack, Globe Staff:

Quote from Globe Article:

“Citizens Bank customers hit with questionable overdraft fees could receive refunds under a settlement announced Wednesday in which the bank agreed to pay $137.5 million to settle charges it manipulated customers’ debit card and ATM transactions.  The bank was accused of processing the transactions in a way that made overdrafts more likely, boosting the income it collected from customers forced to pay overdraft fees.  Citizens did not admit wrongdoing in the case, which is being heard in federal court in Miami. The court must still approve the settlement….”

Read the rest of the story about the Citizens bank overdraft fee class action settlement here. Continue reading

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Filed under Boston News, Business Misconduct, Class Action Investigations, Class Action Lawsuits