Bank of America to Pay $2.25 Million in ATM Fee Lawsuit Settlement
Bank of America has agreed to a $2.25 million class-action settlement over alleged excessive fees charged at ATMs located within 7-Eleven stores, which operated under FCTI Inc. The lawsuit claimed customers were incorrectly assessed multiple out-of-network balance inquiry fees for single transactions between May 1, 2018, and November 16, 2021.
Tickers: $BAC
Topics: ATM fees banking class-action lawsuit