Published
September 24, 2024
Updated
July 30, 2026
The Popular Bank settlement addresses allegations involving overdraft fees on certain debit-card and ATM transactions.
Current Status
No claim form was required for identified class members. The January 7, 2025 hearing has passed, and the settlement was approved, but the administrator does not post a current confirmation that all automatic payments are complete.StatusFinal approval; completion unconfirmed
Claim DeadlineNo claim required
Settlement Value$1.5 million
Current MilestoneAutomatic distribution unconfirmed
What Was This Case About?
Plaintiffs alleged Popular Bank improperly assessed certain overdraft fees. The defendant denied wrongdoing or liability, and the settlement does not constitute an admission.Who Was Covered?
The class generally includes qualifying consumer checking accountholders charged covered fees from May 13, 2016 through July 26, 2024.What Benefits Were Available?
Identified members were eligible for automatic pro rata cash payments or account credits.Official Information
Review the latest information on the Popular Bank settlement website website.
Settlement Value
$1.5 million
Case Title
Popular Bank Overdraft Settlement Automatic Payments
Court or Forum
See official settlement documents
Current Milestone
Automatic distribution unconfirmed
Official Website
Popular Bank settlement website
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