u/Outrageous-Job-6956

settlement details:

bank: equity bankwhat they did: charged overdraft and nsf fees they werent allowed to3 categories of "challenged fees":overdraft on debit transactions authorized on a positive balance (jan 2017 to dec 2019, and nov 2020 to sept 2024)multiple nsf/od fees on the same item re-presented (feb 2018 to dec 2023)overdraft fees on days the end-of-day balance was not overdrawn (feb 2017 to nov 2025)settlement fund: $1 million plus $225k in forgiven unpaid feespayout: automatic. no claim form neededfinal approval hearing: june 29, 2026distribution: pro rata based on how much each person was charged

case is merrell v. equity bank, jackson county missouri. admin is verita global.