CHASE Class Action Lawsuit Investigation – Who’s Affected?
ATMs make accessing money from bank accounts convenient to account holders, without having to go to the bank and at any time of the day. But, this ease and convenience have caused many people distress when they realized that they have been charged unexpected ATM fees when they use an out-of-network ATM! In short, this piece is written on a recent Chase Class Action Investigation, let us know about your issues with Chase, or other financial institutions, today!
ATM transactions are governed by the Electronic Fund Transfer Act (EFTA) which requires ATM operators to notify customers that ATM fees will be charged when they do financial transactions such as withdrawals or deposits. Damages may be sought after financial institutions such as credit unions if they break the law.
Were you charged an ATM fee by any bank and/or credit union without notification when you used an ATM machine? Contact us to see if you qualify for the Chase Class Action Investigation.Contact Us
What to Know About ATM Fees
ATM fees are one type of fee that credit unions can charge. Generally, the charge happens when a customer uses an ATM that’s outside of their network or that belongs to a different credit union or bank. ATM fees are imposed on all types of transactions.
Out-of-network ATM transactions charge two separate ATM fees: a surcharge by the credit union or bank for using an out-of-network ATM; and fees from the ATM operator which is typically disclosed as a pop-up on the screen before completing the transaction. Travelers withdrawing money from ATMs in other countries can also be charged with a foreign transaction fee.
Banks and Credit Unions who have allegedly violated the EFTA include:
- Chase Bank
- West America
- Pacific West
- Valley National
- TriCounties Bank
- Fremont Bank
- Investors Bank
- Brookline Bank
- BNB Bank
- Kearny Bank
- Cobalt Credit Union
- Banterra Bank
- Old Second National Bank
- Heartland Financial
Editor’s note on the Chase Class Action Investigation:
This piece is written about the recent Chase Class Action Lawsuit Investigation. If you are considered eligible to be among the class of consumers described in the class action lawsuit investigation, you may eventually be able to participate in receiving any compensation the court may award.
If you believe that what is alleged in the California CHASE Bank Class Action Lawsuit Investigation has affected you, please don’t hesitate to reach out to us.Contact Us
We’d be happy to help you take a step in the right direction, fight this issue, and better enable you to join in on any potential consumer class action. If interested, please send an email to Outreach@ConsiderTheConsumer.com, find us on Twitter or Facebook, or even connect with us directly on our website! We look forward to hearing from you all.
Similarly, please check out our current list of Class Actions and Class Action Investigations, here.
Interested in articles like these? Become a subscriber below!