One of Indiana’s largest banks continues to burden Hoosiers with excessive overdraft and insufficient funds (NSF) fees. On January 29, 2021, Gibbs Law Group filed a class action lawsuit against Centier Bank for allegedly charging excessive insufficient funds (NSF) fees.
Right now, the lawsuit only relates to insufficient funds (NSF) fees. But some people reportedly experience related issues from Centier, including overdraft fees, improper intra-bank transfer fees or foreign transaction fees. If you believe that you may have incurred any of these fees, please reach out to our attorneys and we will review your potential claim.
Centier Bank Overdraft and NSF Fees
Centier Bank, headquartered in Merrillville, IN, charges the following fees:
- $35 overdraft fees on personal accounts for checks, electronic transactions or ATM withdrawals
- $37 overdraft fees on commercial accounts for checks, electronic transactions or ATM withdrawals
Centier will charge a recurring fee of $35 for personal accounts and $37 for commercial accounts for every fifth business day the account remains overdrawn. Centier states there is “no limit” to the overdraft fees they may charge you.