Teachers Credit Union Agrees to Settlement in Bank Fee Litigation
Cohen & Malad, LLP class action attorneys have obtained preliminary approval from the Court to settle a lawsuit against Teachers Credit Union that will return cash to its members who were charged overdraft and non-sufficient funds fees. The credit union was accused of charging multiple insufficient funds fees on a single transaction, assessing overdraft fees on debit card transactions that were authorized on sufficient funds in the available balance, and assessing overdraft fees that overdrew an account by less than $10.
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.