Banking & Financial Class Action Settlements
Banking class actions cover overdraft fees, illegal collection practices, hidden charges, and mortgage servicing violations. These settlements often pay current and former customers based on account history.
Last updated: April 28, 2026 · By Class Action Buddy
Banking and financial institutions regularly face class action lawsuits for practices that harm consumers, from excessive overdraft fees to data breaches that expose personal information. These cases typically result in settlements that compensate affected customers based on their account activity and the specific violations involved. Recent banking settlements demonstrate the range of issues and potential recoveries. SunTrust paid $240 million to resolve claims over overdraft fee practices, with eligible customers receiving up to $1,000 based on the fees they were charged. The $1.5 million SouthState Bank settlement addressed a data breach affecting customer information. Meanwhile, Robinhood agreed to pay $2 million for trade execution issues, though individual payments were limited to $17.60 per affected user. Banking class actions often target overdraft and insufficient funds fees, hidden charges on accounts, improper debt collection practices, and mortgage servicing violations. Customers typically qualify if they held accounts during specific time periods and were subject to the disputed practices. Proof requirements vary significantly between settlements - some require detailed documentation while others simply verify basic account information. Payment amounts depend on several factors including the total settlement fund, number of claimants, and individual account history. Large overdraft settlements may pay hundreds or thousands of dollars to customers who paid substantial fees, while data breach cases often provide smaller fixed payments or credit monitoring services. Currently, 14 banking settlements are actively accepting claims from a total of 35 tracked cases in this category. Class Action Buddy streamlines the filing process by tracking deadlines, gathering required information, and submitting claims on your behalf.
Open Banking & Financial Settlements (14)
These settlements are currently accepting claims. File before the deadline to receive your payout.
$1.5M SouthState Bank data breach class action settlement
Up to TBDSouthState Bank data breach victims may get compensation from $1.5M settlement. Check if you qualify and file your claim with Class Action Buddy.
$7.4M Trader Joe's FACTA class action settlement
Up to TBDTrader Joe's FACTA settlement pays up to $102.45 for receipts showing credit card info. Check if you qualify and file your claim today.
$240M SunTrust overdraft fees class action settlement
Up to $1,000Georgia SunTrust Bank customers who paid overdraft fees on debit/ATM transactions (July 2006-April 2014) may claim $5-$1,000 from this $240M settlement.
$1M Splish Splash Waterpark Ticket Fee Class Action Settlement
Up to VariesBought Splish Splash Waterpark tickets online (Aug 2022-Mar 2024) and paid processing fees? Claim your share of this $1M settlement.
$2M Robinhood trade execution class action settlement
Up to $17.60Robinhood users who placed market orders (Sept 2016-Sept 2018) with $5+ price differences may claim ~$17.60 from this $2M trade execution settlement.
$1.2M Posh Group Hidden Ticket Fee California Class Action Settlement
Up to $15California residents who bought Posh Group event tickets (July 2021-June 2025) and paid hidden fees may claim up to $15 from this $1.2M settlement.
$5.25M Cadence Bank data breach class action settlement
Up to $10,000Cadence Bank MOVEit data breach victims (May 2023) may claim up to $10,000 or $100 cash from this $5.25M settlement. File by June 4, 2026.
$17.5M American Express antitrust class action settlement
Up to VariesDebit/credit card users in select states who shopped at qualifying merchants (2015-2022) may claim from this $17.5M American Express antitrust settlement.
$1.2B Discover credit card merchant interchange fee class action settlement
Up to VariesMerchants who processed misclassified Discover card transactions (2007-2023) may claim at least $10 from this $1.225B interchange fee settlement.
$1.2M Westlake Financial Services illegal fees class action settlement
Up to VariesWestlake Financial customers who paid ACI convenience fees (June 2022-Aug 2025) may claim compensation from this $1.2M settlement.
$5M Grubhub delivery fees class action settlement
Up to $10Grubhub/Seamless users who ordered delivery to California (Jan 2019-Jan 2026) may claim a $10 credit from this $5M delivery fees settlement.
$1.5M PHH Mortgage Corp. misleading default notices class action settlement
Up to VariesBorrowers who received default notices from PHH Mortgage (Dec 2022-Dec 2025) may get automatic compensation from this $1.5M settlement.
$6.5M Liberty Mutual and Safeco UIM coverage class action settlement
Up to $25,000New Mexico Safeco policyholders with UM/UIM coverage (Oct 2010-Mar 2022) may claim up to $25,000 from this $6.5M settlement.
$1.2M First Commonwealth Federal Credit Union data breach class action settlement
Up to TBDFirst Commonwealth FCU data breach victims can claim compensation from $1.2M fund. Deadline: Feb 18, 2026. File your claim easily with Class Action Buddy.
Past Banking & Financial Settlements (21)
These settlements have closed but show what kinds of banking & financial settlements have been resolved.
$5M USAA Maryland late fee class action settlement
Up to VariesThe $5M USAA Maryland settlement compensated policyholders who received late fee refunds without interest. Payments were automatic. Learn about similar settlements.
$56.85M Wells Fargo CARES Act class action settlement
Up to TBDWells Fargo reached a $56.85M settlement over CARES Act forbearance reporting errors. Check if you qualify and file your claim with Class Action Buddy.
$1.8M AT&T Mobility Services class action settlement
Up to VariesAT&T Mobility Services settled for $1.8M over California labor violations. Current & former employees may qualify for cash payments. File with Class Action Buddy.
$33M Wells Fargo subscription billing class action settlement
Up to VariesThe $33M Wells Fargo subscription billing settlement compensated consumers enrolled in unauthorized recurring charges through deceptive free trial offers. Learn about similar settlements.
$2.4M Capital One FCRA violations class action settlement
Up to TBDCapital One settled FCRA violations for $2.4M over death reporting errors. Check if you qualify and file your claim with Class Action Buddy.
$1.7M Navy Federal Credit Union EFTA class action settlement
Up to VariesNavy Federal Credit Union EFTA settlement pays $1.7M for unauthorized electronic fund transfers. Check if you qualify and file your claim today.
$2.5M TransUnion FCRA class action settlement
Up to $40TransUnion agreed to $2.5M settlement for FCRA violations. Check if you qualify for compensation. File easily with Class Action Buddy app.
$1.23M New York Community Bank ATM fees class action settlement
Up to $25New York Community Bank agreed to pay $1.23M for unfair ATM and NSF fees. Check if you qualify for compensation. File with Class Action Buddy.
Progressive Insurance debt collection class action settlement (Florida residents)
Up to VariesThe Progressive insurance debt collection settlement paid Florida residents who received collection emails during prohibited nighttime hours between 2022-2025. Learn about similar settlements.
$950,000 Keurig coffee machine class action settlement
Up to $250The $950K Keurig K-Supreme settlement paid up to $250 to owners of defective coffee makers that lost power during descaling. Learn about eligibility and similar settlements.
$3.78M Evolve Bank & Trust data breach class action settlement
Up to $3,000Evolve Bank & Trust data breach settlement offers up to $3.78M to affected customers. Check if you qualify for compensation from the 2024 breach.
$425M Capital One 360 Savings account class action settlement
Up to VariesThe $425M Capital One 360 Savings settlement automatically compensated account holders who earned less interest between 2019-2025. Learn about eligibility and similar settlements.
$4.1M Truist Bank class action settlement
Up to $440Truist Bank agreed to pay $4.1M for allegedly making illegal prerecorded calls without consent. Check if you qualify for compensation.
$18.25M Heartland Payment Systems MySchoolBucks fees class action settlement
Up to VariesHeartland agreed to pay $18.25M over illegal MySchoolBucks fees. Check if you qualify for compensation from this class action settlement.
Family Dollar ground coffee class action settlement
Up to VoucherThe Family Dollar ground coffee settlement provided free coffee vouchers to consumers who purchased products falsely advertising the number of cups per package. Learn about similar settlements.
$23M TransUnion credit report dispute class action settlement
Up to $160The $23M TransUnion credit report dispute settlement paid $20-$160 to consumers whose inquiry disputes were mishandled between 2016-2025. Learn about similar settlements.
$8.75M Feel Free Wellness Tonic class action settlement
Up to $292Feel Free Wellness Tonic settlement over undisclosed kratom ingredient. Get your share of $8.75M. File your claim with Class Action Buddy today.
$2.85M Bank of America EIPA class action settlement
Up to $35Bank of America agreed to pay $2.85M for allegedly violating NY's Exempt Income Protection Act. Get help filing your claim with Class Action Buddy.
$197.5M ATM fees class action settlement
Up to VariesVisa and Mastercard agreed to pay $197.5M for unlawful ATM surcharges. Check if you qualify for compensation. File your claim easily.
$37.35M LDF Holdings interest rates class action settlement
Up to TBDLDF Holdings settlement returns $37.35M in overpaid interest and forgives $1.4B in debt. Check if you qualify for compensation.
CoreLogic Credco FCRA $5.695M class action settlement
Up to $607CoreLogic Credco settlement for being wrongly listed as deceased on credit reports. Up to $5.695M available. File your claim with Class Action Buddy.
Banking & Financial Settlements FAQs
How do banking and financial settlements work?
Banking and financial settlements typically arise when financial institutions are accused of violating consumer protection laws, data privacy regulations, or unfair business practices. These class action lawsuits are resolved through negotiated settlements where the bank or financial company agrees to pay compensation to affected customers without admitting wrongdoing.
How much can I get from a banking settlement?
Banking settlement payouts vary widely depending on the violation and number of affected customers. Recent settlements have ranged from small amounts like $25-50 per person for data breaches to hundreds of dollars for overdraft fee cases, with some major settlements like SunTrust's $240M overdraft settlement providing substantial compensation to eligible class members.
Can I get money from the SunTrust overdraft fees settlement?
The SunTrust overdraft fees class action settlement was worth $240 million and compensated customers who were charged excessive overdraft fees. If you were a SunTrust customer who paid overdraft fees during the specified time period, you may have been eligible to receive compensation, though the claims period has likely closed.
What was the Robinhood trade execution settlement about?
Robinhood agreed to a $2 million class action settlement over allegations that the company failed to provide customers with the best possible trade execution prices. The settlement compensated users who traded on the platform during specific periods when they allegedly received inferior trade executions that cost them money.
File These Claims in 60 Seconds
Class Action Buddy auto-fills your claim forms and submits them electronically. Your first claim is free.
