The settlement covers holders of Citizens Bank consumer accounts, between 1/1/2002 and 8/13/2010, with debit cards who paid overdraft fees as a result of Citizen’s practice of posting Debit Card Transactions from the highest value transactions to the lowest value transactions.
Most claims will be paid out automatically. But if you fall into any of the following categories you will need to file your claim manually.
The settlement does not provide any estimate of the claim amount. This guesstimate is based on the claim amount and the number of claims we estimate are likely to be filed.
|Proof of Purchase:||Yes, you are required to fill out a worksheet listing claim dates.|
|Claim Form:||Citizen’s Bank Overdraft Claim Form|
|Case Name:||In re: Checking Account Overdraft Litigation, Case No. 1:09-md-02036-JLK|
The plaintiffs alleged that Citizens Bank was charging excessive overdraft fees by charging amounts to accounts from the highest value to the lowest value, which would lead to higher overdraft fees than doing the reverse.
|Settlement Website:||Citizens Bank Overdraft Settlement|
|Claim Form Deadline:||May 6, 2013|
|Claims Administrator:||Citizens Overdraft Settlement|
PO Box 3410
Portland, OR 97208-3410