24 days left to file a claim in $2.65M settlement for CenterState Bank users. Act now!
CenterState Bank Customers Have 24 Days to Claim Their Share of $2.7 Million Settlement
Calling all CenterState Bank customers! You have a limited time to file a claim and receive a portion of a whopping $2.7 million settlement. This class-action settlement comes after allegations of illegal overdraft fees, and it’s your chance to get some compensation.
The settlement, valued at $2.65 million, is specifically for CenterState Bank customers who had a checking account with the bank. If you were charged certain overdraft fees on debit transactions between April 6, 2015, and May 31, 2020, or if you were hit with nonsufficient funds or overdraft fees on ACH debits or checks between Aug. 18, 2015, and Aug. 21, 2020, you could be eligible.
Don’t Miss Out on Your Share!
Now, here’s the exciting part: CenterState Bank, one of Forbes’s top 50 best banks in America, has agreed to this settlement without admitting any wrongdoing. But they want to make things right for their valued customers.
If you qualify for the settlement, you’ll receive a pro-rata share of the net settlement fund based on the amount you were charged in those pesky illegal bank fees. And the best part? You have options! You can choose to receive a cash payment, have your account credited, or even have your uncollected fees forgiven. It all depends on your situation.
But don’t wait too long! The deadline for exclusion and objection is Oct. 23, so make sure to take action before then. And mark your calendars for the approval hearing on Nov. 30, where the settlement will be finalized.
CenterState Bank, now known as SouthState Bank, is a financial institution with over 240 branches and ATMs across Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. So, if you’re a customer in any of these states, this is your chance to get what you deserve.
Don’t miss out on this opportunity to claim your share of the settlement. Click here to read more from the Washington Examiner and get all the details you need to take action.
What happens if a customer fails to submit a valid claim form within the specified deadline
Imited time to claim your share of a $2.7 million settlement that has been reached between CenterState Bank and its customers. This settlement arises from allegations that CenterState Bank engaged in certain unfair and deceptive practices.
The settlement was reached as a result of a class-action lawsuit filed against CenterState Bank. The lawsuit alleged that the bank had engaged in deceptive practices relating to its overdraft fees, among other things. The plaintiffs claimed that the bank had manipulated its overdraft practices in order to maximize fees charged to its customers.
Under the terms of the settlement, CenterState Bank has agreed to pay $2.7 million to resolve the claims brought against it. This fund will be distributed among those customers who were affected by the alleged unfair practices. The amount each customer will receive will be determined by a number of factors, including the number of overdraft fees charged and the length of time the customer was a CenterState Bank customer.
In order to be eligible to receive a share of the settlement, customers must submit a valid claim form by the deadline of 24 days from the announcement of the settlement. This deadline is set to ensure that all eligible customers have ample time to submit their claims.
Claim forms can be obtained online through the dedicated settlement website or by contacting the settlement administrator. Customers will need to provide certain information, including their contact details and account information, in order to complete the claim form. It is important to ensure that all information provided is accurate and up-to-date to avoid any delays or errors in processing.
Once the claim forms have been submitted and verified, the settlement administrator will review each claim and determine the amount each customer is entitled to receive. The distribution of funds is expected to occur within a few months of the claim deadline.
CenterState Bank has expressed its commitment to resolving these allegations and compensating its affected customers. It is important for customers to take advantage of this settlement opportunity by submitting their valid claim forms within the designated timeframe. Failure to do so may result in customers forfeiting their right to receive any compensation from the settlement.
This settlement serves as a reminder of the importance of consumer protection and the need for banks to operate in a fair and transparent manner. It is crucial for financial institutions to uphold high ethical standards and provide clear information regarding fees and practices to their customers.
For any questions or assistance regarding the settlement process, customers are encouraged to visit the dedicated settlement website or contact the settlement administrator directly. The contact information can be found on the settlement website or through CenterState Bank’s customer service channels.
In conclusion, CenterState Bank customers have a limited time to claim their share of a $2.7 million settlement resulting from allegations of unfair and deceptive practices. It is crucial for customers to submit their valid claim forms within the specified deadline in order to be eligible for compensation. This settlement serves as a reminder of the importance of consumer protection and the need for financial institutions to operate in a transparent manner.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Now loading...