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RBC Bank Overdraft Fee Settlement

Settlement Structure: 
Case Summary: 

A class action against RBC Bank (USA) is being settled by PNC Bank, NA, its successor-in-interest after the two banks merged. The complaint contended that RBC posted debit card transactions in the order of the highest amount to the lowest, and that this resulted in customers being charged more overdraft fees. 

Docket Number: 
PNC Bank, NA
Class Period: 
Wednesday, October 10, 2007 to Thursday, March 1, 2012
Objection Deadline: 
Wednesday, March 18, 2020
Exclusion Deadline: 
Wednesday, March 18, 2020
Final Approval Hearing: 
Wednesday, April 22, 2020
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