Sunday, March 18, 2018

Class Action Lawsuit Proceeds Against Northeast Credit Union over Overdraft Fees

A federal judge is allowing a class action lawsuit to proceed against Northeast Credit Union (Portsmouth, NH) over its overdraft practices.

The complaint alleged that Northeast Credit Union imposes overdraft fees using the customers' available balances not actual or ledger balances.

The plaintiff, Joseph Walbridge, claims that he had $111.09 in his checking account and made a debit card payment of $32.43. Northeast Credit Union determined that Walbridge had insufficient funds in his account and assess an overdraft fee of $32. The credit union assessed two more overdraft fees of $32 each.

The federal judge allowed three counts against Northeast Credit Union to proceed, including that the credit union breached its account opt-in agreement.

The complaint seeks to include anyone who incurred an overdraft fee from Northeast Credit Union.

Read the order.

Read the story.
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