Bbva Compass Is Sued Over Overdraft Fees

The bank allegedly pushes the largest debit through an account first, creating an overdraft, and then posts other smaller debits so a fee can be assessed for each transaction, a lawsuit claims.

Topics:  overdraft   
BING NEWS:
  • BBVA Compass Settles Overdraft Suit for $11.5 Million
    BBVA Compass agreed ... Consumers sued more than 30 banks, claiming the banks resequenced the actual order of transactions, posting them in highest-to-lowest dollar amount instead of the chronological order, leading to excess overdraft fees.
    07/3/2012 - 5:21 pm | View Link
  • BBVA Compass is sued over overdraft fees
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    09/25/2009 - 6:00 pm | View Link
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    How Five Banks Post Your Deposits and Withdrawals: Do They Trap You Into Overdraft Fees? This article was written by Luke Landes in Banking. 161 comments.
    04/22/2016 - 12:28 pm | View Website
  • Bank of America
    Bank of America (abbreviated as BoA or BofA) is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina.
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