The settlement relates to certain fees (defined below as “Challenged Fees”) that Bankers Trust Company (“Defendant”) charged. If you were charged such a fee, you are a member of the Settlement Class (each, a “Class Member”).
“Challenged Fees” means: (1) Overdraft fees incurred during the Class Period on debit card transactions authorized on a sufficient available balance (“APSN Fees”); and (2) Overdraft fees incurred during the Class Period for one-time debit card transactions and ATM transactions (“Reg-E Fees”). The “Class Period” is for APSN Fees, December 1, 2016, through April 3, 2023; and, for Reg-E Fees, December 1, 2022, through April 3, 2023. Capitalized terms used and not otherwise defined herein are defined in the Settlement Agreement.
Class Members who do nothing will automatically receive a check or account credit and/or debt forgiveness. Payments and credits will be from the Net Settlement Fund based on a percentage of the amount of applicable fees paid. The amount of these payments will be determined by an independent settlement administrator and not by Defendant.
Your legal rights are affected, so please read the Notice carefully.
Your Legal Rights and Options in this Settlement | |
Do Nothing | Automatically receive a settlement check or account credit and/or debt forgiveness once the settlement is finally approved. Give up the right to bring a separate lawsuit about the same issues. |
Exclude Yourself | Get no benefits from the settlement. Keep the right to bring a separate lawsuit about the same issues at your own expense. |
Object | Write to the Court about why you don’t like the settlement. If the settlement is approved you will still automatically receive a check or account credit and/or debt forgiveness and give up the right to bring a separate lawsuit about the same issue. |
These rights and options—and the deadlines to exercise them—are explained in the Notice and on FAQs page.
Please be patient while the Court decides whether to approve the settlement.
Upcoming Important Dates
Notification Mailing
10/17/2025
Objection Deadline
11/17/2025
Opt Out Deadline
11/17/2025
Final Approval Hearing
12/17/2025 at 11:00 a.m.