3-day deadline for CenterState Bank customers to file claim in $2.65 million class-action settlement.
Customers of CenterState Bank have a limited time to take action on a $2.65 million class-action settlement
Calling all CenterState Bank customers! You have just three days to make your voice heard and file an exclusion or objection regarding a massive $2.65 million class-action settlement with the bank. This is your chance to hold the financial institution accountable for allegedly charging illegal overdraft fees.
Now known as SouthState Bank, the institution has not admitted any wrongdoing, but they’ve agreed to this settlement to put an end to the class-action lawsuit. If you’re one of the affected customers and want to voice your concerns or exclude yourself from the settlement, you must act fast and submit your filing by Monday.
Who is eligible for this settlement?
- Customers who had a checking account with CenterState Bank and were charged specific types of overdraft fees on debit transactions between April 6, 2015, and May 31, 2020.
- Individuals who were hit with fees for insufficient funds or overdrafts on automated clearing house debits or checks from Aug. 18, 2015, to Aug. 21, 2020.
If you fall into either of these categories, you could be entitled to a prorated share of the net settlement. The amount you receive will be determined by the extent of the illegal fees you were charged. You have the option to receive a cash payment, account credit, or even have uncollected fees forgiven. But remember, you only have three days left to opt out of the automatic settlement.
Mark your calendars! The deadline for filing an exclusion or objection is Oct. 23. And don’t forget, there’s an approval hearing for the settlement scheduled for Nov. 30. Stay informed and make your voice count!
What are the options available to CenterState Bank customers in the settlement, and how will the amount of the settlement be determined for each individual?
Customers of CenterState Bank, now known as SouthState Bank, have just three days left to take action on a $2.65 million class-action settlement. This settlement is related to allegations of the bank charging illegal overdraft fees. Although the institution has not admitted any wrongdoing, they have agreed to the settlement in order to bring an end to the class-action lawsuit. If you are one of the affected customers and wish to voice your concerns or exclude yourself from the settlement, it is crucial that you act quickly and submit your filing by Monday.
In order to be eligible for this settlement, you must have had a checking account with CenterState Bank and were charged specific types of overdraft fees on debit transactions between April 6, 2015, and May 31, 2020. Additionally, individuals who were charged fees for insufficient funds or overdrafts on automated clearing house debits or checks from August 18, 2015, to August 21, 2020, are also eligible. If you belong to either of these categories, you may be entitled to a prorated share of the net settlement, with the amount determined by the extent of the illegal fees you were charged. You have the option to receive a cash payment, account credit, or even have uncollected fees forgiven. However, it is important to note that you only have three days left to opt out of the automatic settlement.
The deadline for filing an exclusion or objection is October 23, so mark your calendars! Additionally, there is an approval hearing for the settlement scheduled for November 30. It is crucial to stay informed and make your voice count. This is an opportunity for CenterState Bank customers to hold the financial institution accountable and take action on the alleged illegal overdraft fees. Don’t let this chance pass you by. Act now and ensure that your voice is heard.
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