United States Bank & Credit Union Overdraft Fee Class Action Lawsuit Investigation
Published:
February 19, 2026
The term NSF stands for non-sufficient funds and refers to the status of a cheque account that contains insufficient funds to cover a transaction. When attempting to withdraw more than what your available balance holds you may receive an NSF notice from your bank on a transaction. An NSF fee will be deducted from your available balance each time the bank rejects a transaction and may cause your account to be overdrawn. In the event of an overdraft, the bank may pay for the transaction, although there will be an NSF fee.
Can Shamis and Gentile, P.A. institute a class action settlement for deceptive bank overdraft fees practices?
Many of our hard-working American citizens question why their banks are charging them an overdraft fee. There have been numerous bank overdraft fee lawsuits filed in New York and (Florida) Miami due to banks charging overdraft fees taken without consent. Currently, there is multi-district litigation taking place where customers have filed bank overdraft fee lawsuit action. While many of the country’s largest banks are yet to be sued there are still multiple being investigated as citizens are demanding their hard-earned money back. At Shamis and Gentile, P.A., we take care of all the expenses involved in the case and costs associated with retaining experts.
May Shamis and Gentile, P.A. approach the Consumer Financial Protection Bureau to protect the account holder?
If you are a victim of being charged more than one NSF return item fee for a single transaction, you have the right to file a lawsuit or join a class-action lawsuit. Shamis and Gentile, P.A. is investigating banks who are charging their clients overdraft and NSF fees when recurring payment causes your account to go into overdraft. The overdraft protection law protects customers from banks that enroll customers with overdraft coverage without consent. The Federal Reserve declared in 2010 that upon an attempt of payment, if the account holds insufficient funds, the banks are expected to reject the transaction. However, if a bank offers the service, a customer may choose to change the request and opt-in to overdraft coverage. Keep in mind the bank will charge overdraft fees.Don’t become a victim of unconsented bank fees. Contact Shamis and Gentile, P.A. for expert bank and credit overdraft fee class action lawsuit investigation.We look at the law differently! Shamis and Gentile, P.A. continues to provide outstanding legal services in Californian communities. For more information on the Bank Overdraft Fee Class Action Lawsuit, contact us today
