Big banks like Sterling Bank & Trust have continued to burden customers with excessive overdraft fees during the COVID pandemic, despite having over $3 billion in assets. Our consumer protection attorneys are pursuing an overdraft lawsuit investigation against Sterling Bank & Trust. We’re concerned about the following fees:
- Overdraft fees
- Insufficient funds (NSF) fees
- Intrabank transaction fees
- Foreign transaction fees
- ATM fees
These fees may have been illegal, depending on how they were assessed. Use our form below for a free, confidential consultation.
Sterling Bank & Trust Overdraft and NSF Fees
Sterling Bank & Trust operates primarily in California, though it also offers loan services in other states.
According to its website, Sterling Bank & Trust charges both overdraft and NSF fees, but fee amounts are not specified.
Concerningly, the banks says it may use any deposits after an overdraft has been incurred, “including direct deposits of social security or other government benefits,” to cover overdraft fees.
If this has happened to you, you may have a claim. Contact our firm for a free, confidential consultation.