Old Hickory Credit Union Agrees to Pay $500k to Settle Claims Over Improper Overdraft Fees
Cohen & Malad, LLP class action attorneys settled a lawsuit against Old Hickory Credit Union that will return hundreds of thousands of dollars to its members who were charged overdraft fees. The credit union was accused of charging overdraft fees on debit card and ATM transactions when a member’s Available Balance was negative but the member’s Ledger Balance was positive.
More information about this lawsuit and settlement can be found here.
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.