Trending Up: Class Action for Overdraft Protection Fees
First, it was missing ATM signage and then it was credit card disclosures not posted on the credit union’s website. Now, at least 12 credit unions in nine states have been hit with class action lawsuits over their overdraft protection practices. The focus in these cases appears to be on the methodology used by the credit unions to assess overdraft protection fees. [1/6/16]