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:
  • Bank Of The West To Pay $18M Settlement In Overdraft MDL
    which allowed the banks to charge excessive overdraft fees, the suits claimed. Earlier this month, BBVA Compass Bancshares Inc. on Tuesday agreed to pay $11.5 million, admitting no liability in the settlement. The settlement came at the heels of PNC Bank ...
    07/11/2012 - 2:48 pm | View Link
  • BBVA Compass Settles Overdraft Suit for $11.5 Million
    July 3 (Bloomberg) -- BBVA Compass agreed to pay $11.5 million to settle a lawsuit accusing the bank of improperly manipulating customers’ checking-account transactions to generate excess overdraft fees ... Consumers sued more than 30 banks, claiming ...
    07/2/2012 - 1:00 pm | View Link
  • Add Umpqua to Roster of Banks Sued for Overdraft Practices
    Umpqua Bank in Portland, Ore., has become the latest bank to be sued for allegedly manipulating the way in which it processed debit card transactions in order to rake in more overdraft fees. To continue, please log in, register or subscribe.
    12/30/2011 - 2:18 am | View Link
  • Overdraft fees snowball to more than $600
    Six hundred dollars in overdraft fees, and it just kept getting worse. Amanda received a collection notice saying she would be unable to write checks. She tried calling BBVA Compass but says she could not get any clear answers. "I've gotten 3 different ...
    04/1/2010 - 1:00 pm | View Link
  • BBVA Compass is sued over overdraft fees
    BBVA Compass is the latest bank to catch the ire of customers and attorneys because of overdraft fees. In a lawsuit filed earlier this week, Houston-based restaurant company Fat Butter accused the bank of deceptive trade practices, claiming the bank posted ...
    09/25/2009 - 6:00 pm | View Link
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BING SEARCH:
  • What Happens When Your Bank Account Is Overdrawn? | eHow
    If your bank account is overdrawn, it means you’ve spent more money than you have available in your account. Your bank will notify you of your overdraft ...
    03/29/2015 - 12:04 pm | View Website
  • BBVA Compass
    BBVA Compass Bancshares, Inc. (formerly Compass Bancshares) is a United States financial holding company, subsidiary of the Spanish multinational Banco Bilbao Vizcaya ...
    03/29/2015 - 11:42 am | View Website
  • » Bank of America Overdraft Fee Lawsuit Settlement ...
    In late May, Bank of America's $410 million settlement of a class action lawsuit concerning debit-card overdraft fees received preliminary approval from a Miami ...
    03/29/2015 - 3:07 am | View Website
  • Top 178 Complaints and Reviews about Compass Bank
    I have been with bbva compass since 1999. They have always taken care of me. When my acct number was stolen out of the mail, they immediately refunded the money ...
    03/28/2015 - 10:13 pm | View Website
  • Online Banking Terms
    Agreement and Disclosure Statement for Online Banking. This Agreement and Disclosure Statement (this "Agreement") governs the online banking services described in ...
    03/27/2015 - 7:16 pm | View Website
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