Woodforest overdraft settlement


More information on Woodforest PIN debit transactions are authorized through the ATM network and can provide a faster settlement of funds A settlement with federal regulators calls for Woodforest National Bank to refund the fees, to pay a civil penalty of $1 million and to change its overdraft program. The OCC The Office of the Comptroller of the Currency has entered into a settlement with Woodforest National Bank, The Woodlands, Texas, that requires the bank to pay approximately $32 million in reimbursement to consumers who were harmed by the bank’s overdraft program. It’s the toughest penalty ever imposed by OTS regarding overdraft fees If You Paid Overdraft Fees to Woodforest National Bank or Woodforest BankYou May be Eligible for a Payment from a Class Action Settlement. In addition, the bank will pay a $400,000 penalty to the federal Office of Thrift Supervision (OTS). Woodforest Bank has agreed to refund more than $12 million to consumers who were charged high overdraft fees on bank accounts. woodforest overdraft settlement Details & Pricing. Woodforest Overdraft Settlement Apply for Money Advance in States No faxing Security-Finance Woodforest National Bank will refund $32 million in overdraft fees as part of a settlement with federal regulators. Woodforest National Bank is a privately held bank of the Currency reached a $32 million settlement regarding the bank's continuous overdraft . woodforest overdraft settlement. A $7. The settlement with the Office of the Comptroller of the Currency also calls for the Woodlands-based bank to pay a civil penalty of $1 million and change its overdraft program. 75 million Settlement has been reached in a class action lawsuit claiming that Woodforest National Bank and Woodforest Bank (collectively, Woodforest) improperly assessed excessive overdraft fees Contact Us For questions or inquiries regarding Woodforest National Bank, please visit one of our locations, or contact us at the numbers and e-mail addresses below. The Office of the Comptroller of the Currency has entered into a settlement with Woodforest National Bank, The Woodlands, Texas, that requires the bank to pay approximately $32 million in reimbursement to consumers who were harmed by the bank’s overdraft program