IF YOU HAD A CHECKING ACCOUNT WITH TRUSTCO BANK (“DEFENDANT”) AND YOU WERE CHARGED A NON-SUFFICIENT FUNDS (“NSF”) FEE OR AN OVERDRAFT FEE BETWEEN SEPTEMBER 2, 2014 AND DECEMBER 10, 2023, THEN YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.
The United States District Court for the Northern District of New York has authorized the Notice; it is not a solicitation from a lawyer.
SUMMARY OF YOUR OPTIONS AND THE LEGAL EFFECT OF EACH OPTION | |
DO NOTHING | If you don’t do anything, you will receive a payment from the Settlement Fund so long as you do not exclude yourself (described in the next box). You will release any claims you may have against Trustco arising out of its assessment of Retry NSF Fees and APPSN Fees during the Class Period, September 2, 2014 to December 10, 2023. |
EXCLUDE YOURSELF FROM THE SETTLEMENT; RECEIVE NO PAYMENT BUT RELEASE NO CLAIMS | You can choose to exclude yourself from the Settlement or “opt out.” This means you choose not to participate in the Settlement. You will keep your individual claims against Trustco Bank, but you will not receive a payment, and any outstanding at-issue fees assessed against your account will not be waived. If you want to recover against Trustco Bank, then you will have to file a separate lawsuit or claim. |
OBJECT TO THE SETTLEMENT | You can file an objection to the Settlement explaining why you believe the Court should reject the Settlement. If your objection is overruled by the Court, you will receive a payment and you will not be able to sue Trustco Bank for the claims asserted in this litigation. If the Court agrees with your objection, then the Settlement may not be approved. |
These rights and options – and the deadlines to exercise them – along with the material terms of the Settlement are explained in the Notice.
Upcoming Important Dates
Opt Out Deadline
10/21/2024
Objection Deadline
11/12/2024
Final Approval Hearing
11/26/2024