Sunday, October 27, 2019

Class Action Lawsuit Alleges Philadelphia FCU Charged Multiple NSF Fees on Same Item

Philadelphia Federal Credit Union (Philadelphia, PA) is being sued in state court over improper overdraft (OD) fees.

The class action complaint alleged that Philadelphia credit union assessed multiple insufficient fund (NSF) fees on the same item.

The complaint stated that the imposition of multiple NSF fees on a single transaction by the credit union was a breach of contract and breach of the covenant of good faith and fair dealing, and violated Pennsylvania's Unfair Trade Practices and Consumer Protection Laws.

The lawsuit is seeking monetary damages, restitution, and declaratory relief.

Read the complaint.

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