South Central Bank $2.8M Improper Fees Settlement No Proof Required

South Central Bank $2.8M Improper Fees Settlement

By the Class Action Buddy Editorial Team · Last reviewed May 19, 2026

total amount of challenged fees they paid
Max Payout
TBD
Filing Deadline
No
Proof Required?
South Central Bank has agreed to pay $2.8 million to settle a class action lawsuit alleging the bank charged customers improper fees. The lawsuit claimed the bank improperly assessed certain fees on customer accounts, potentially costing account holders money they shouldn't have been charged. If you were a South Central Bank customer during the relevant time period and were charged certain fees, you may be entitled to compensation from this settlement. The settlement provides a way for affected customers to recover money for fees that may have been improperly charged to their accounts.
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Who Is Eligible?

You may be eligible to file a claim if you:

  • You were a South Central Bank customer during the class period (specific dates pending)
  • You were charged certain fees on your account that are covered by the settlement
  • You suffered financial harm due to these improper fee charges
  • You meet any other requirements specified in the settlement agreement

How Much Can You Get?

The total settlement fund is $2.8 million, which will be distributed among eligible class members. The exact amount each person receives will depend on factors such as how many valid claims are filed and the extent of fees charged to individual accounts. Specific payout amounts per claimant are still being determined.

How to File Your Claim

The administrator has not published a claim form for this settlement. The steps below are what filing will involve once one exists.

  • Gather your South Central Bank account records and documentation of fee charges
  • Review the settlement details to confirm you meet the eligibility requirements
  • Complete the required claim form with accurate information about your account and fee charges
  • Submit your claim by the deadline once it's announced

File this one with the administrator

Class Action Buddy does not file this settlement for you — use the official claim process above. What the app does do is watch the open settlements list and tell you when a new one matches your profile.

Frequently Asked Questions

Do I need proof of purchase for the South Central Bank $2.8M Improper Fees Settlement?

No proof of purchase is required — you can typically file based on a sworn statement, without receipts, photos, or product packaging. Note: some settlements still require a Claimant ID or PIN from a mailed notice; if this one does, it will be shown on the official claim form.

How do I file a claim for the South Central Bank $2.8M Improper Fees Settlement?

File directly with the settlement administrator, using the official claim form linked on this page. Class Action Buddy does not support this settlement in the app, so the administrator’s own claim process is the route. Check whether the form asks for an ID or PIN from the notice you were sent before you start.

Who qualifies for the South Central Bank settlement?

South Central Bank customers who were charged certain improper fees during the class period may qualify for compensation. Specific eligibility requirements are still being finalized.

How much money can I get from the South Central Bank settlement?

Individual payouts will depend on your specific fee charges and how many people file valid claims from the $2.8 million settlement fund. Exact amounts are not yet determined.

What fees are covered in the South Central Bank settlement?

The settlement covers certain fees that were allegedly improperly charged to customer accounts. Details about which specific fee types are included are pending.

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.

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