Bank class action lawsuits currently open to consumers include settlements with Bank of America, Flagstar Bank, Lakeview Loan Servicing, Wells Fargo, TD Bank, and several smaller institutions, with claim deadlines in mid-2026 for the most time-sensitive cases and automatic payments already going out in others. If you held an account at any of these institutions during the relevant time windows, you may be owed money, and in some cases you need to act before a deadline to collect.
Settlements With Claim Deadlines You Can Still Meet
Three active settlements require a claim form from at least some class members, and each has a deadline landing between June and August 2026.
Bank of America ATM Fee Settlement
Bank of America agreed to a $2.25 million settlement in Schertzer, et al. v. Bank of America, N.A., filed in the U.S. District Court for the Southern District of California. The lawsuit alleged the bank charged two separate out-of-network fees for a single balance inquiry at ATMs owned by FCTI, Inc. inside 7-Eleven stores. The bank denies wrongdoing.1Yahoo Finance. Bank of America Customers ATM Fee
The class covers customers assessed more than one out-of-network balance inquiry fee during a single visit to an FCTI-owned ATM at a 7-Eleven between May 1, 2018, and November 16, 2021. Current Bank of America account holders who received a notice do not need to do anything; payments will be automatic if the settlement is approved. Former account holders must file a claim through the settlement website by June 29, 2026.2USA Today. Bank of America Class Action Settlement ATM Fees Anyone already paid in a related case, Weiss v. FCTI, is excluded. A final approval hearing is scheduled for August 21, 2026.3NBC Chicago. Bank of America to Pay $2.25M in Class Action ATM Fee Case
Flagstar Bank Data Breach Settlement
Two 2021 cyberattacks linked to vulnerabilities in Accellion Inc.’s file-transfer software exposed personal information for roughly 2.19 million people connected to Flagstar Bank. In Angus et al. v. Flagstar Bank, N.A., filed in the U.S. District Court for the Eastern District of Michigan, plaintiffs alleged the bank failed to protect consumer data and delayed notifying those affected.4Bloomberg Tax. Flagstar’s $31.5 Million Data Breach Deal Wins Initial Court Nod
The $31.5 million fund offers class members up to $25,000 for documented losses such as identity theft or credit repair, an estimated $60 residual cash payment capped at $599, and three years of credit monitoring. California residents can claim up to $100 in additional statutory damages. Claims must be submitted by August 11, 2026. The final approval hearing is set for October 1, 2026.5Flagstar Settlement. Flagstar Bank Data Breach Settlement
Lakeview Loan Servicing Data Breach Settlement
A data breach beginning around October 11, 2021, potentially compromised sensitive personal information of about 5.8 million customers of Bayview Asset Management, Lakeview Loan Servicing, Pingora Loan Servicing, and Community Loan Servicing. The consolidated case, In re Lakeview Loan Servicing Data Breach Litigation, was filed in the U.S. District Court for the Southern District of Florida.6ClassAction.org. $26M Lakeview Loan Servicing Settlement Ends Class Action Over Data Breach
From the $26 million fund, class members can claim up to $5,000 for documented out-of-pocket losses with supporting receipts or bank statements, plus a one-time pro-rated cash payment. California residents are eligible for an additional statutory payment under the California Consumer Privacy Act. The claim deadline is June 22, 2026, and a final fairness hearing is scheduled for July 2, 2026.7Lakeview Data Breach Settlement. Lakeview Loan Servicing Data Breach Settlement
Settlements Paying Out Automatically
Several large settlements require nothing from eligible customers; checks or account credits go out on their own.
Wells Fargo COVID-19 Mortgage Forbearance
Wells Fargo placed roughly 300,000 customers’ mortgages into forbearance during the early pandemic without their informed consent, in some cases after a borrower simply made an inquiry or mentioned a hardship. The flag damaged credit profiles and complicated later borrowing.8Keller Rohrback. Wells Fargo Mortgage Forbearance Litigation
U.S. District Judge Michael H. Watson in the Southern District of Ohio approved the $185 million settlement in In re Wells Fargo COVID Forbearance Settlement Litigation on December 19, 2024. Of that fund, $69 million was distributed automatically and equally among class members, with additional compensation available to those who filed by the January 10, 2025 claim deadline for specific damages like denied credit applications. Automatic payments began in March 2025.9Wells Fargo COVID Forbearance Litigation. Wells Fargo COVID Forbearance Settlement
A related case for California homeowners, Stoff v. Wells Fargo Bank, N.A., resulted in a $56.85 million settlement over Wells Fargo reporting current mortgages as “in forbearance” to credit agencies after borrowers accepted CARES Act forbearance.10ClassAction.org. $56.85M Wells Fargo Settlement Ends CARES Lawsuit The class covers California residents whose current Wells Fargo mortgages received a CARES Act forbearance on or after March 27, 2020, and were then reported to credit agencies. A final approval hearing was scheduled for April 17, 2026.11Desert Sun. Wells Fargo California Settlement COVID Forbearance
ATM Surcharge Antitrust Settlement
A $264.24 million settlement in Mackmin v. Visa Inc. resolved claims that Visa, Mastercard, Bank of America, JPMorgan Chase, and Wells Fargo conspired to inflate ATM access fees on out-of-network withdrawals. Visa and Mastercard contributed $197.5 million; the three banks paid $66.74 million.12Hagens Berman. Visa Mastercard ATM Surcharge Class Action
U.S. District Court Judge Richard J. Leon granted final approval on June 20, 2025. The claims period closed in January 2025, and digital payments to class members were approved for distribution in April 2026.13ATM Class Action. ATM Class Action Settlement
Cash App (Block, Inc.)
In January 2025, the Consumer Financial Protection Bureau ordered Block, Inc. to pay $175 million over its handling of fraud and customer service for Cash App, including up to $120 million in refunds and a $55 million penalty.14Consumer Financial Protection Bureau. CFPB Orders Operator of Cash App to Pay $175 Million The CFPB found that at least 153,866 claims for unauthorized Cash Card transfers lacked the provisional credits the law requires, that Cash App directed defrauded users to seek chargebacks from their banks rather than conducting its own investigations, and that its customer service phone line played pre-recorded messages instead of connecting callers to live support.15Consumer Financial Protection Bureau. Block Inc. Consent Order Affected users began receiving checks automatically in June 2026 with no claim required.
Overdraft and NSF Fee Settlements
Overdraft and non-sufficient funds fees remain one of the most active areas for bank class actions. Recent cases focus on so-called APSN fees — overdraft charges on transactions that were authorized when the balance was positive but settled after it had dropped — and on multiple fees charged when a bank re-presents the same transaction.
- TD Bank reached a $32.225 million settlement in Burns, et al. v. TD Bank, N.A. in a New Jersey federal court, covering June 2019 through September 2022. Checks to former customers were mailed starting March 12, 2025, with credits to active accounts following shortly after.16TD Bank APSN Fee Settlement. TD Bank APSN Fee Class Action Settlement
- South Central Bank reached a $2.8 million settlement in Johnson v. South Central Bank covering customers charged APSN or retry fees between 2009 and 2025. Payments are automatic, with current customers receiving account credits and former customers receiving checks after a final approval hearing scheduled for July 7, 2026.17ClassAction.org. $2.8M South Central Bank Settlement Resolves Retry Overdraft Fees Class Action
- Trustco Bank reached a $2.75 million settlement in February 2024, and Dollar Bank reached one for nearly $7 million over similar improper overdraft fee claims.18ClassAction.org. Overdraft and NSF Fees Lawsuit
If you were charged overdraft fees at any of these banks during the covered periods, check the respective settlement website; most of these cases pay without a claim form, but confirming your contact information is current with the administrator helps the check reach you.
How to Tell if You Qualify and Claim Your Payment
Each settlement defines its class by specific criteria: the institution, the type of account or transaction, and a date range. If you held the right kind of account at the named bank during the window, you are likely a class member. The settlement website for each case lists the exact eligibility rules and either lets you file a claim online or confirms that payments are automatic.
Payments go out one of two ways. Automatic distributions arrive by check or account credit when the bank still has your contact information; this is common when the class includes current account holders. Claim-based distributions require you to submit a form, sometimes with documentation like account numbers, receipts, or bank statements showing the fees or losses you incurred.19ClassAction.org. Class Action FAQs Former customers are usually the ones who need to file, because the administrator may not have a current address.
A judge must grant final approval before any money moves. Fairness hearings are listed on the settlement website and are the point at which the court decides whether the terms adequately compensate the class. Payments typically go out weeks or months after approval.
What Missing a Deadline or Opting Out Means
Missing a claim deadline almost always means forfeiting any payment from that settlement. The deadline is firm, and late claims are usually rejected.
Opting out is a different choice. If you want to preserve the right to sue the bank individually over the same conduct, you can exclude yourself from the class, typically within a window that closes weeks before the final approval hearing. Staying in the class and accepting a payment generally releases your right to bring your own lawsuit on the same claims.
Settlement payments are generally taxable income unless they compensate for physical injury, and payments above certain thresholds may trigger a Form 1099 from the administrator.20Levi & Korsinsky. Understanding Class Action Settlement Checks