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.)

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