Credit Union 1 Overdraft Fees
Allegations: Misrepresenting when consumers will be charged overdraft fees
Overdraft Fees at Credit Union One
In August 2020, a class-action lawsuit was filed against Credit Union One for allegedly misleadingly representing that it charges overdraft fees only if there is not enough money in an account to cover a transaction when, according to plaintiffs, the credit union charges overdraft fees on certain transactions even when the account has enough money to cover the transaction. (Thompson et al v. Credit Union One, Case No. 20-cv-12318, E. D. Mich.)
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