Apple Federal Credit Union $2.5M Overdraft Settlement
Eligible class members did not need to file claims. The official site posts a final-approval motion but does not clearly post the court's final order or distribution date.
Apple Federal Credit Union Overdraft Fee Settlement
PublishedMarch 24, 2025
UpdatedJuly 26, 2026
Eligible class members did not need to file claims. The official site posts a final-approval motion but does not clearly post a final order or distribution date.
Eligible class members did not need to file claims. The official site posts a final-approval motion but does not clearly post the court's final order or distribution date.
StatusAutomatic Benefits · Approval Update PendingSee the current-status update above.
Claim DeadlineNo claim requiredThe claims or election period is closed unless stated otherwise.
Settlement Fund$2.5 millionDeductions and allocation terms apply.
Potential BenefitCash, account credit, or debt forgivenessEligibility and allocation rules apply.
What Happened?
The lawsuit alleged that Apple Federal Credit Union improperly assessed certain overdraft fees. The credit union denied wrongdoing and agreed to a settlement.
Who Was Covered?
The settlement covers qualifying current and former Apple Federal Credit Union members assessed the fee types and during the periods defined in the official notice.
What Benefits Were Available?
Eligible class members may receive cash or an account credit, and some may receive forgiveness of qualifying uncollected fees, under the settlement allocation plan.
How Claims Were Filed
No claim form was required. Eligible class members who did not exclude themselves were scheduled to receive the applicable benefit automatically.
• Exclusion and objection deadline: April 20, 2025
• Final-approval hearing listed in the notice: June 17, 2025
• Distribution date: Not clearly posted on the official site
Settlement Fund and Legal Fees
Notice, administration, legal fees, expenses, benefit payments, and other court-approved deductions are governed by the settlement documents and orders. These amounts can affect individual benefits.
Case Information
Virginia Is for Movers, LLC v. Apple Federal Credit Union, Case No. 1:23-cv-00576-DJN-IDD, in U.S. District Court for the Eastern District of Virginia.