Bank-Fund Staff Federal Credit Union

In December 2019, a class-action lawsuit was filed against Bank-Fund Staff Federal Credit Union for allegedly misleadingly representing that it only charges one overdraft or insufficient funds fee on a single transaction if the transaction puts an account into a negative balance when, according to the plaintiffs, the credit union regularly charges multiple fees on a single transaction and it bases the fees on a balance that deducts certain pending transactions instead of the money actually in an account. (Anthony et al v. Bank-Fund Staff Federal Credit Union, Case No. 19-cv-3754, D.D.C.)

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