Skip to content

What to do when credit unions charge illegal overdraft fees

May 18, 2020
Shamis & Gentile, P.A.
COBRA Notice Class Action Lawsuit

Are you having trouble with the overdraft fees charged by credit unions? Recently, several credit unions have been found to charge illegal overdraft fees and there has been considerable investigation into their practices. If you have been affected by this, then you could be eligible to join a class action lawsuit against your credit union.

Many allegations of illegal overdraft fees

Recently, there have been many allegations that credit unions are charging overdraft fees that exorbitantly – and illegally – high. They may be engaging in overdraft practices that several major banks have been sued for. These banks lost class action suits brought against them and were forced to pay millions in compensation to their customers. 

If your credit union has been engaging in these practices, then you stand a very good chance of joining a successful class action suit against them. Because of the precedent set by the suits against major banks, unhappy credit union clients stand a good chance of winning their claims. 

What to do if you have a case against a credit union

So if you believe you have been unfairly charged by your credit union, the first thing to do is consult an overdraft lawyer and find out if you have a case, how much you stand to gain and if there is an existing class action that you can join. If you live in Miami or surrounding areas, contact Shamis & Gentile P.A., a company of overdraft attorneys who can help you get compensation for your illegal overdraft fees.

Submit a Class Action Claim

Submit a class action claim today; there are no associated fees or expenses unless we manage to win the case on your behalf.