Indiana Members Credit Union Agrees To Pay $3 Million To Settle Claims Over Improper Overdraft Fees
Cohen & Malad, LLP class action attorneys settled a lawsuit against Indiana Members Credit Union that will return millions of dollars to its members who were charged overdraft fees. The credit union was accused of charging multiple insufficient funds fees on a single transaction as well as charging overdraft fees on a single debit card, check or ATM transaction when a member’s Available Balance was negative but the member’s Ledger Balance was positive.
Our class action attorneys have brought lawsuits on behalf of customers of several banks and credit unions for charging overdraft fees, insufficient funds fees, and ATM balance inquiry fees to their customers. If you or someone you know has been charged fees, contact us. Our attorneys can provide you with a complimentary case review and discuss your legal rights and options.