Two Credit Unions Say “Enough is Enough!”
Following a recent string of class action lawsuits against credit unions for their overdraft protection practices, two credit unions said “Enough is enough!” and have countersued the plaintiffs for breach of contract. Kern Schools FCU in Bakersfield, CA and Bethpage FCU in Bethpage, NY claim that the plaintiffs repeatedly overdrew their checking accounts and now have unpaid negative balances, which means they have a personal interest that makes them improper persons to represent the class. [1/11/16]
