Community Bank of the Bay Overdraft Fee Lawsuit Investigation

It depends on whether the charges violate the terms of your agreement with Community Bank of the Bay. In general, banks use a lot of different tactics which may be not allowed under their own contracts. You may need an experienced attorney to look over the fee charges and tell you whether they were improper. If they were, you can sue your bank to recover some of the fees you improperly paid.

Banks often disguise fees in a way that confuses the customer to increase the bank’s revenue. Our lawyers can help you examine your overdraft fees and determine whether you were improperly charged.

We are still investigating whether Community Bank of the Bay may have charged customers improper fees and whether all branch locations may be affected. If you have received overdraft or NSF fees from Community Bank of the Bay, contact us for a free and confidential case review to see if you may be owed money back.

If you received overdraft or NSF fees as a Community Bank of the Bay customer, we can review your case to see if you may be entitled to compensation. Fill out the form below or linked at the top of this page, and a member of our team will contact you promptly for a free, quick, and confidential consultation.

There have been a series of successful cases regarding overdraft and NSF fees charged by banks over the years. Our firm has conducted a number of investigations against banks for these actions and recovered millions of dollars from banks which were distributed to customers.

There are a number of different ways in which banks and credit unions can charge customers excessive fees. It is important to understand the difference between these fees in evaluating whether or not these charges are fair and legal. 

Overdraft Fees 

If you don’t have enough money in your account to cover a transaction, but your bank pays the transaction anyway, your account has been overdrafted. Overdrawing your account may happen through the processing of checks, ATM transactions and withdrawals, debit card purchases, and automatic payments. 

Your bank may offer overdraft protection, which means that if you do not have enough money in your account, the bank or credit union will most likely pay the transaction for you and charge you a fee. Your bank may also cover your transaction through a transfer of funds from a line of credit, credit card, or other linked account. The customer generally has to opt into overdraft protection in order for this to occur. 

These fees can often be rather high and confusing, and the fees can add onto the burden of having to repay the overdrafted amount. If you feel as though you were wrongfully or excessively charged overdraft fees, speak to an experienced attorney and get a comprehensive evaluation of any potential claims. 

Non-sufficient Funds Fees 

You may be charged a non-sufficient funds (or NSF) fee if your check or electronic payment is not paid in full due to a lack of funds in your account, often resulting in what is known as a “bounced” check. This means that your bank denies your transaction, and charges you a fee for doing so. While this seems rather straightforward, there have been reports of banks charging multiple NSF fees after the payment is re-presented without any action taken by the customer. If you feel as though you are being charged excessive NSF fees, speak with one of our experienced lawyers to discuss your options. 

Intra-Bank Transfer Fees 

It is not uncommon for individuals to have multiple accounts (such as a checking and a savings account) with one bank. If you tried to transfer between your accounts at a single bank, and overdrew your account as a result, triggering an overdraft fee, speak with a lawyer today. You may be eligible to recover this intra-bank transfer fee.

Gibbs Law Group’s financial fraud and securities lawyers have more than two decades of experience prosecuting fraud. Our attorneys have successfully litigated against some of the largest companies in the United States, and we have recovered more than a billion dollars on our clients’ behalf. 
 
We have fought some of the most complex cases brought under federal and state laws nationwide, and our attorneys have been recognized with numerous awards and honors for their accomplishments, including Top 100 Super Lawyers in Northern California, Top Plaintiff Lawyers in California, The Best Lawyers in America, and rated AV Preeminent (among the highest class of attorneys for professional ethics and legal skills).