Rabobank’s Overdraft Fees

In June 2018, a class-action lawsuit was filed against Rabobank for allegedly failing to adequately disclose that the bank charges customers who overdraw their accounts a daily Continued Overdraft Fee of $5, in addition to the initial $35 Overdraft Fee. According to the complaint, the bank charges the Continued Overdraft Fee every day that an account remains overdrawn for up to ten days. (Villanueva et al v. Rabaobank, N.A., Case No. 2018-00028998, Superior Court of California – County of San Diego)