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Big Law

First Interstate Bank Agreed to Pay $2.3 Million Over Unfair Bank Fees

First Interstate Bank has agreed to pay over $2.3 million and forgive thousands in fees to resolve claims its customers were charged unfair bank fees.

The settlement benefits First Interstate Bank customers who were, between Dec. 30, 2011, and April 7, 2021, charged one or more overdraft fees on a debit card transaction in which there was a sufficient balance available at the time the transaction was authorized but an insufficient balance at the time the transaction was posted. Consumers included in the settlement should have received an email or postcard notice about their eligibility.

Read the source article at topclassactions.com

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