Home › Settlements › iQ Credit Union $1M Overdraft & NSF Fee Class Action Settlement
iQ Credit Union $1M Overdraft & NSF Fee Class Action Settlement No Proof Required

iQ Credit Union $1M Overdraft & NSF Fee Class Action Settlement

This settlement is closed. The claim deadline has passed and new claims are no longer being accepted. This page is kept for reference — see settlements that are still open →

By the Class Action Buddy Editorial Team · Last reviewed July 23, 2026

See details
Max Payout
Aug 19, 2026
Filing Deadline
No
Proof Required?
iQ Credit Union is facing a class action lawsuit over overdraft fees and non-sufficient funds (NSF) fees that customers say were charged unfairly. The settlement has a total value of $1 million set aside to compensate affected members. If you were an iQ Credit Union account holder who was hit with overdraft or NSF fees, you may be entitled to a share of this settlement fund. Cases like this typically allege that a financial institution charged multiple fees on the same transaction, charged fees that weren't properly disclosed, or assessed fees in ways that conflicted with their own account agreements. While the specific allegations are still being confirmed, the settlement represents an opportunity for iQ Credit Union members to recover some of the money they were charged. This page will be updated as more details about the claim deadline, payout amounts, and filing process become available. In the meantime, read on to see if you might qualify and how Class Action Buddy can help you stay on top of this settlement.
🎯

Looking for a settlement you can still file?

This one is closed, but our 60-second eligibility quiz finds the ones that are still open.

Check Eligibility →

Who Was Eligible?

Who the settlement covered:

  • You are or were a member of iQ Credit Union with a checking or deposit account
  • You were charged one or more overdraft fees (OD fees) or non-sufficient funds (NSF) fees on your account
  • The fees were charged during the relevant class period (specific dates to be confirmed)
  • You believe the fees were assessed in a way that was unfair, duplicative, or inconsistent with your account agreement

How Much Did It Pay?

The total settlement fund is $1 million, which will be divided among qualifying class members. The exact amount each person can receive has not yet been publicly confirmed — your individual payout will likely depend on how many overdraft or NSF fees you were charged during the covered period and how many total members submit valid claims. In similar bank and credit union fee settlements, individual payouts have ranged from a few dollars to a few hundred dollars depending on claim volume and fee history. Keep an eye on this page for updates on per-member payout estimates as more details are released.

How this claim was filed

This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.

  • Confirm you were an iQ Credit Union member who was charged overdraft or NSF fees during the covered period
  • Gather any relevant account records, bank statements, or fee notices that show the charges — having this handy may help support your claim
  • Watch for the official claim form to be published. The filing deadline is August 19, 2026, so do not leave it late
  • Complete the claim form with your personal and account information accurately and completely
  • Submit your claim before the deadline through the official settlement website

Looking for something you can still claim?

This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.

Frequently Asked Questions

What is the deadline to file a claim for the iQ Credit Union $1M Overdraft & NSF Fee Class Action Settlement?

The deadline to file a claim was Aug 19, 2026, and it has passed. Claims are no longer accepted for this settlement.

Did I need proof of purchase for the iQ Credit Union $1M Overdraft & NSF Fee Class Action Settlement?

No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.

What is the iQ Credit Union overdraft fee class action settlement?

iQ Credit Union has agreed to a $1 million class action settlement resolving claims that the credit union charged members improper or excessive overdraft and NSF fees. Affected members may be eligible to file a claim and receive a portion of the settlement fund.

Do I qualify for the iQ Credit Union NSF fee settlement?

You may qualify if you were an iQ Credit Union account holder who was charged overdraft or non-sufficient funds (NSF) fees during the relevant time period covered by the lawsuit.

How much money will I get from the iQ Credit Union settlement?

The total settlement pool is $1 million. Individual payout amounts haven't been confirmed yet and will depend on how many people file claims and how many fees each person was charged. We'll update this page with payout estimates once more details are available.

Related Settlements You Might Qualify For

More open settlements in the Financial category — same easy filing process.

Stitch Fix $32 Million Securities Class Action Settlement

See details Deadline: Oct 07, 2026
No Proof

Transamerica $110M Life Insurance Class Action Settlement

Share of $110M per allocation plan Deadline: Oct 02, 2026
No Proof

Peoples Security Bank & Trust $1.15M Class Action Settlement

$1,300 per account Deadline: Sep 21, 2026
No Proof

New $167.5 Million Visa and Mastercard ATM Fees Settlement: Who Qualifies and When to File

See details Deadline: Feb 10, 2027
No Proof

$425M Capital One 360 Savings Settlement Approved — Payments Around July 21, 2026

See details Deadline: TBD

Primary source: the official settlement administrator’s website named in the court-approved class notice. We track this settlement from public settlement-notice sources; a single official administrator claim URL was not on file, so confirm the details on the official settlement website before you file.

Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.

This settlement has closed

The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.

See settlements that are open →