April Fools: How Some Companies Prank Consumers with Common Marketing Terms
These definitions are a joke.
Overdraft Fees at First Savings Bank
In January 2020, a class-action lawsuit was filed against First Savings Bank for allegedly misleadingly promising that it only charges overdraft fees if an account does not have enough funds to cover a transaction when, according to plaintiffs, the bank charges overdraft fees on transactions that do not overdraw a customer’s account. (Becker et al v. First Savings Bank, Case No. 20-cv-43, D.N.M.)
For more of TINA.org’s coverage of lawsuits filed against banks, click here.
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