Fifth Third Bank Overdraft Fee Settlement

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Fifth Third Bank Overdraft Fee Settlement

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Tuesday, 30 November 2010 14:47

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Fifth Third Bank Overdraft Fee Settlement

By Kimberly Mirando

Fifth Third Bank has agreed to a $9.5 million settlement of a class action lawsuit concerning the way it issued overdraft fees. If you paid overdraft fees related to a Fifth Third debit card, check card and/or bank card, you could receive up to three times the amount you were charged from the class action settlement.

According to the Fifth Third class action lawsuit, Fifth Third Bank posted debit card transactions and/or ATM withdrawals in non-chronological order so that the bank could maximize the number of overdraft fees it charged to customers who had insufficient funds. Fifth Third Bank denies any wrongdoing, but has agreed to establish a $9.5 million settlement fund to settle the case, entitled Schulte v. Fifth Third Bank.

If you had a Fifth Third bank account at any time between October 21, 2004 and July 1, 2010, and incurred at least one overdraft fee as a result of the “re-sequencing” of at least one Fifth Third debit card transaction in non-chronological order, you’re considered a member of the settlement class and eligible to receive a cash payment from the Fifth Third overdraft fee settlement.

As part of the Fifth Third overdraft class action settlement, class members who submit valid claim forms by the deadline of May 2, 2011 will be eligible to receive up to three times the amount of overdraft fees they claim they were charged, depending on the total amount of valid claims submitted. If you do not have all of your bank records to support your claim, and your claim is based only on your best knowledge and belief, Fifth Third has the right to contest your claim. Claim forms can be downloaded or submitted online at the Fifth Third Overdraft Settlement Administrator website: www.overdraftsettlement.com.

For more information on how to file a valid claim form for the Fifth Third Overdraft Fee Class Action Lawsuit Settlement, see our Open Lawsuit Settlements section.

Updated November 30th, 2010

All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions

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Last Updated on Thursday, 27 December 2012 11:09

Comments

#384 Lorie 2013-03-28 12:30

I too received a big fat check for $135 with $600 substaniated charges...not sure who ripped off who. I guess getting something was better than getting nothing.
I just closed my business savings(finally ) They have been charging me for this free account for a few years now. Never can get a straight answer as to why.
Done forever with them now:)

#383 Close Your 5/3 Acct 2013-03-28 12:29

At this point any and everyone needs to close their 5/3 accounts. They are about done anyways. Stock is like 10 bux a share, they are chargin lifelong customers now for their checking accounts, and are even payday lending now. LoL. Phuk u fifth third . . . it's been real. Real shiEtty that is. Credit union here I come. I also recommend going credit union and not banking. The richest man in america just predicted the downfall of major american banks. He also predicted the housing bubble before it happened. People are listening.

#382 Lemae 2013-03-26 09:59

I did not receive a settlement check and instead I am being sued for my fees. Got the paperwork today.

#381 Juan Valdez 2013-03-22 12:16

5/3 is still doing this practice. It just happened to me today and they told me flat out on the phone. Now they are doing it for debit card payments. The "highest" payment on a given day is processed first, which results in maximization of overdraft fees. How is this any different from this lawsuit? Well, whoever is ready to start another class action suit can contact me anytime. I'd be glad to provide the evidence as well as the names of 5/3 leadership who have quoted this being the process. It was one thing for people to get robbed for years and then get a check cut for like $30, but to continue the practice is downright illegal in the utmost manner.

#380 Sherry LeVoir 2013-03-03 00:56

I was involved in this. Filed the paperwork on time-they LOST it!!!! Got paperwork a second time and the way it was worded was extremely confusing. I feel this was deliberate on their part. My claim pertained
kaz74 to BOTH boxes, so I checked both of them. Because of that, I was told I was not eligible. They were very tricky in their wording and I think a class action suit should be filed against the firm representing 5th 3rd bank.

#379 Rebecca Luc 2013-02-27 15:56

5/3 back at the very same overdraft practices!!!!!!!!
I just called the attorney's listed on the class action suit.
I had to leave a message. I like some of you who have stated that you filed for money from the suit and got just a drop in the bucket from years of their illegal practice have never seen a dime of the funds. I started my account in 1998 and went paperless. So, guess what you can't go back that far in online transactions. Then if you want anything further than 2 statements there is a fee. Also, when you get them you can't tell what was the fee's charged for and what wasn't!! So, how can you sit down and prove anything? The statement online or paperwise does not show the time any transaction goes through. Only the dates. But today, when this happened for the 1st time in 2 years, I wrote notes and names of who I spoke with and the time and date. I wrote what they told me went through first on my print out of my online statement. Hopefully some attorney will go for them again and I will be ready this go round. Even if they get interest piled up for the time they hold the money they stole and the attorney's take out major dollars for all their time and expenses while I go uncompensated for all my documentation and time, I at least will see some justice.

#378 Rebecca Luc 2013-02-27 15:16

They are doing this again! TODAY!
They stated this to me," We put through the charges by highest to lowest, 5/3 bank thinks you'd want your mortgage to go through if your account was short on funds instead of a couple of small things. That's why you got a fee of $74 and not just $37! I said that's just what you were in trouble for before under the class action lawsuit. Of course both CSR at the local and the 800 number said they were hired after that and don't know about the details! I said you overcharged me fees! I had 2 deposits go in that yesterday and 8 items from $5.38 to $150 in charges go through. You applied the deposits but put the largest charge through which meant a $5.38 and a $1.20 item went through last so you could charge me $74. I know if it's over $1.00 you charge $37 so I miscalculated by 1.20 and figured I'd pay $37 for it not $74! Can't someone do anything about them starting this practice up? I've not seen it hit my account like this until today!

#377 Stu malcolm 2013-02-23 09:40

Amazing isn't it....If you or I stole money from other people, we would be in JAIL!!! But banks do this and they settle and pay from a small portion of their profit from their FRAUD. It is high time that the Regulatory Commissions that oversee these banks prosecute them Crimminally!!

#376 Michael Adams 2013-01-20 17:21

If You think Fifth Third is wrong you should check Charter One, just as bad if not worse!!!

#375 Lisa Schwarz 2013-01-18 12:09

It's not fair that their is A time limit to the claim! I didn't know anything
About the lawsuit & missed out on filing A claim!!!
If A 5/3 customer during that time period has the paperwork
To prove their claim they should be able to file anytime!

#374 Robert E. 2013-01-03 00:51

5th Third bank has been stealing money from me and many others on these "bogus" overdraft charges on my checking account, somewhere to the tune of $20,000.00+ over the past 10 years. I'll probably never see a dime of the money these "pricks" stold from me, but I am going to get even with these assholes.
I'm about to default on two real estate loans to the tune of $300K with these assholes, on property that's currently worth less than 1/2 that. And do I feel bad about it ... "HELL NO!" I hope they lose their ass on it!! Fuck these crooked assholes "all the way to the bank"!

#373 chiquita 2012-11-28 14:05

I was not apart of the law suit, but I want the world to know 53bank is still doing the same thing to others with overdrafts,and today is(11-28-2012).

#372 Tricia 2012-08-08 09:14

I never received anything from this so called settlement. The bank took over 900.00 in fees then made the claim it was only 333.00. I complained and sent in the documents from 53rd bank and never heard from them again. This is a joke and the only ones who won this was the lawyers.

#371 jamie 2012-06-05 04:51

I had over $4,000 in 5th 3rd overdraft fees, spent over $250 In mailing claims to the administrator, and received $240.80!! FIFTH THIRD AND ATTORNEYS SUCK!! WHAT A FUCKING JOKE THIS WHOLE SETTLEMENT ENDED UP BEING!

#370 Ed Jones 2012-05-22 13:36

I received my check in March, my claim was for around 3000.00 and I received a check for 279.00 so not nearly what I claimed but satisfied I got anything at all!

#369 stacy messer 2012-04-18 18:13

they took me for $950.80 + 3 od fees by debiting my acct. for another acct. not linked to mine. I am done with 5/3 and prob. going to Peoples Bank>>>>

#368 James 2012-03-12 23:01

I just got a check. It says deposit only on the front though and I don't currently have a bank account. How am I supposed to cash it?

#367 Doug 2012-03-07 19:07

Payback, ya right, you go get em...just dont bank there anymore

#366 Bill 2012-03-06 10:23

As of yesterday, 3/5, I haven't received a letter, a check, even flyer from this settlement!!! No info at all, except what you guys post here. I still think a CIVIL LAW SUIT would make a difference on the outcome......fr aud, misappropriatio n of funds, and maybe even some tax evasion on 5/3rds part......inves tigations bring this too a head most times!!! PAYBACK TIME!!!! Let's get 'em!!!

#365 Stone 2012-03-05 20:19

I also received my check today for 85.00 for 400 in claims.....and yeah if you can get away charging people for years - hold that money - then only have to pay back 10% in claims and get away free and clear why not keep doing it - good business really - they get $85 million profit - pretty good deal.....you would think they would face some criminal charges instead of just civil.....but the banks can do just about whatever they want really.....on the other hand at least we got something back - probably the best class action suit I have been a part of - usually you get like a $5.00 gift card or 3 months of credit monitoring or some crap....at least this one paid back a small amount anyway....still doesn't make it right but good luck everyone! :)

#364 Bonray 2012-03-05 17:39

We banked at our local hometown bank, First Charter for more than 15years, and never was charged one overdraft fee. Then Fifth Third took them over. At the beginning of March 2010, Fifth Third fraudulently charged us $460 in overdraft fees. When I confronted them, they so "generously" refunded us $33. So that left $427 dollars of which I claimed in this suit.(We promptly took our business to a credit union). Well we received a check this saturday(March 3rd) for $89.67. Exactly 21% of our claim. I have no doubt they are still conducting business in the same manner. Why wouldn't they if they made $95 million doing so, and was only penalized by paying 10% back? This is beyond disgusting, considering how many people's lives they negatively affected.

#363 Rich 2012-03-05 15:29

Got my BIG check Fri. 34.53, had over 500 in claims, don't know how they figure.

#362 Suzanne 2012-03-05 10:27

I got 107 for 513 of claims. They probably charged me a couple of thousand dollars in fee's over the years. There were times when I made last minute loans in order to deposit enough money to avoid overdraft fees. But I always ended up getting them anyway. Now I know why. Even after speaking with 53rd reps about the charges and them explaining how they posted, 53rd still gamed their systems to make certain I was charged fees. It still smarts at how I was taken advantage of at a time in my life where I could barely afford to support myself, much less pay overdraft fees at $37 a pop. Most of the people charged these fee's were least able to afford these fees. Fifth Third got off pretty much scott free, since the settlement is a pittance compared to the millions they charged. It worked out really well for them, and for the lawyers. I'm going to cash my check and try to not get too angry since there is no point in it.

#361 terrance 2012-03-04 12:13

They ain't send me my check

#360 Steve 2012-03-04 00:40

I was the dumb ass who stayed with 5/3 for 22 years. I probably payed over 5000 dollars in overdrafts for those 22 years, and since it cost 5 dollars a statement for the bank to print, I only claimed 365 dollars from my online statements. Today I got a check for76.57. What a freaking joke.

#359 Brent 2012-03-04 00:08

got mine today. $134.xx out of about $750

#358 Fifth 3rd Sucks! 2012-03-03 21:18

I got my check today about 20% of my claim, better than nothing. To me it not just the money, it's the fact that this shows they were wrong in what they did. What pissed me off at the time, when 5/3 screwed me with OD fees, the State of MI was regulating them, so I lodged a complaint with the state, but of course it was no help. Just goes to so the government does not look at for the "average Joe" . I blame them for letting 5/3 get away with this for years.

#357 Todd 2012-03-03 16:18

5/3rd is the worst bank ever!

#356 Todd 2012-03-03 16:09

I received a check for $54.33.I also received a collection notice for $306.56 the same day!WHAT A BUNCH OF SHIT!!!! They still came out on top!

#355 Stone 2012-03-03 15:35

So lets see - now that it is complete: The lawyers are happy - they made $3 Million+ - the whole reason we see so many class action lawsuits in the first place - an easy payday. They don't care about the claimants at all - just their cut. And 5/3 - they are jumping up and down - screw people for $95 million - only pay back $9.5 million to settle almost all claims - and face no penalty otherwise. Happy day. So the only ones that are screwed are the consumers, as usual. But I guess something is better than nothing. That being said I haven't received my check yet today - lol.....:)

#354 Stone 2012-03-03 15:34

edgewise1 is right - it isn't the judge's fault - it isn't 5/3's fault - the lawyers are the ones that accepted a measly $9.5 million for an estimated $95 (ninety-five million) that 5/3 charged in overdraft fees. Why would the lawyers settle for such a small amount - well it never had to actually go to trial saving time and money - and of course the lawyers still make their cut (1/3 of the total prize). And actually in most class action suits they normally won't have this many claims (over 100,000). This one was well advertised and most people have adverse feelings about the banking industry IMO.

#353 edgewise1 2012-03-03 15:20

I went back and begin to read some of the posts here. The fault lies with the fact that the original settlement, 9.3 million, was simply not enough to take care of the claims. I imagine that 5/3 KNEW this when they agreed to that amount. With the number of claims that they were I guess we should be glad with what we got, not happy, but glad.

#352 edgewise1 2012-03-03 15:12

Glad to see folks are getting checks from this. I received a letter at the end of Jan. stating that my claim was denied. After all this BS I just threw it in the trash and said "good riddance". And that was that, until I check my mail today and find a check from 5/3 Settlement Fund. I received $128 and some change, and it came at the right time for me. I am curious about the denial letter and then the check. Has this happened to any of you?

#351 MB 2012-03-03 13:46

So 18% of the original amount

#350 MB 2012-03-03 13:44

$700 @ up to 3x amount should've been about 2k......$139. If my math is right, just under 7%. Good luck folks.....

#349 CW 2012-03-03 12:26

Received check today for 22% of approved claim

#348 Olivia 2012-03-03 11:53

I received my check today, March 3, 2012. It was about 1/3 of the total damages I included in my filing. I did include documentation with my claim, so I'm not sure if that makes a difference or not. Usually in a class action lawsuit, Petitioners only receive a portion of the actual damages. Good luck to everyone else.

#347 Stone 2012-03-03 02:29

Same here - nothing yet....but counting on tomorrow (Saturday) hopefully! Glad we are starting to receive them anyway - now just curious how much....15%.... ..25%.....more? Looks like about 22-26% in my case judging by other boards and this one on what the claims were compared to what they received in my dollar amount but will update when received....:) If it isn't covered in snow somewhere before it gets to me - lol. Stay Frostie!

#346 Brent 2012-03-03 01:53

March 2 and still nothing. If I receive 3/3 I'll update

#345 StevenH 2012-03-02 19:17

Sorry all, it's Tarter.

#344 StevenH 2012-03-02 19:08

I'm telling ya, it's a frigging conspiracy between the lawyers, judge and the big money bankers (which also includes the one and only Mr. Tartar). For those of you who don't know, our Mr. Tartar was the one who came up with the REDICULOUS formula that got us to the sad amount of the settlement. If ya do a little research of his name, you can come up with his firms website... write him a little message to say THANKS.

#343 StevenH 2012-03-02 19:01

Yep, 79 bucks back, they get to keep 321.00... more than I expected BUT STILL A CRIME OF STEELING.

#342 jarrett 2012-03-02 17:55

Bunch of crap. I had 1200 in legit claims and got a check for 245 today. Add these lawyers to the list of people screwing us.

#341 john 2012-03-02 14:15

i got my check today but the letter i got said i would get $251.30 to 333.20 for a 1600.00 claim but i got 755.23 cause im guessing when i got the first letter i emailed them and said it was bull i guess my b%tching paid off or they had more money than what they thought

#340 Doug 2012-03-02 14:01

I received 2 checks today , one for $5.24 and another for $290.75 my wife and i both filed claims.

#339 CM 2012-03-02 12:52

Where are you Lux? Wondering if mine will be there when I get home from work. It wont be much but it will help this week.

#338 Lux 2012-03-02 11:21

Just got my check today! I was starting to think I wasn't going to get it. $65.03. My claim was for over $300 but I'm happy with what I got.

#337 the dude 2012-02-29 12:30

Show me the money Lebowski

#336 plaintiff 2012-02-28 12:22

Just received an email from the settlement administrator saying the checks are to be mailed tomorrow.

#335 Bill 2012-02-27 23:44

LET'S DO A CRIMINAL LAWSUIT AGAINST THESE CROOKED BASTARDS!!!! NOW THAT'S PAYBACK TIME....AND I AM SERIOUS!!!! And I haven't gotten a letter OR a check yet as of today....2/27/1 2!!!

#334 Stone 2012-02-27 15:39

Wahoo - finally got the check - I claimed $19438 in losses and got a check for $75,000! Came at just the right time! Awesome...... Ok - not really - just seeing if anyone is watching - well they still say they will MAIL them by Feb 29th (I hope that isn't Feb 29th, 2016) - lol. So maybe this week? Will they be delayed again or will we get them in the next 10 days - I think we will receive them sometime by the end of the week or early next week is my vote.....anyone else. 1 for the next 10 days.....:)

#333 curious 2012-02-27 10:01

Has anyone gotten their check yet?

#332 Mike 2012-02-25 11:52

This whole thing is a JOKE!!! I have had over $2,000 in overdrafts due to Fifth Third's shadiness. It out me behind on car payments and house payments and ruined a lot of credit I may have had. I submitted the claim and received a letter in the mail stating that I will recive a payment of $4.56. What A JOKE!!!! Fifth third has even managed to screw the little guys even after the settlement. My account has been closed and I now use a different bank

#331 dunn 2012-02-24 19:20

I received a letter dated 1/23 stating their business records does not substantiate overdraft fees related to this claim that are eligible for reimbursement. I'm confident that that I incurred multiple unnecessary fees during the time period in question. I notice things on the new claim form have changed. They no longer give you the option to request your account be reviewed based on estimated amounts and dates but you now need specific dates, amounts and documentation. If these are not provided then the claims administrator will not consider your contest form. They denied my claim stating they relied on Fifth Third records but I don't see how this is possible.

#330 dunn 2012-02-24 19:17

I attached a letter to my claim form explaining how I could not get all my statements without paying $5 for each one but was confident that the re-sequencing of transactions had happened over the years. I had called customer service asking if they kept phone records so I could at least get those dates that I had called in complaining of this issue when my account was overdrawn due to the re-sequencing and was told they could not provide this either. They announced money would be mailed 1/26 but recently changed the website stating letters would be mailed to claimants letting them know if their claim was denied.

#329 dunn 2012-02-24 19:16

I have to break up my comment due to length but here you go....They only provided statement periods going back 16 mo unless you paid for the older statements. The original settlement documentation that I still have stated if you do not have all your records then you had the option to give your best knowledge and belief and could list those dates and amounts on the claim form and Fifth Third would review their records. Your other option was to give specific dates and amounts. I chose the option stating I did not have all my records and asked my account be reviewed during the entire period mentioned in the lawsuit Oct 04-April 10.

#328 boatgrl 2012-02-24 17:04

@ Kevin...conside ring the lawsuit states "any 45 day period" & your claim is $500, $333 is not too bad..67%. The email i was sent did not specify how much I would get, just how much my valid claim was for & that it was estimated that valid claims would get 15-22% of the original claim. I would coubt my blessings if you get a check in the mail for $333!

#327 kevin 2012-02-24 15:27

well everybody just to let you know they can tell you how much your getting back if you email them, but you are not going to be happy. Truely this is the lawyers and everybody else working and taking their sweet time on this that are getting paid good. Totall I had 1,100 dollars in overdraft fees in 10 months, and $500 in a 45 day period. I am only getting $333.00 back explaining in the email I just got back. We all need to sue these crooks.

#326 Stone 2012-02-24 13:51

I figured it out - it must be when someone goes through the 10 items or less line - they split their huge cart into say 25 orders.....and have an outstanding rent check too - so the reverse order by the banks makes 26 overdrafts....L OL. That is still only 26 overdrafts - I guess maybe people went to 4 stores and did the same thing.....and everything posted on the exact same day....wow...ok - sorry - just shocked - back to reality now.....party on everyone - Happy Leap Year! :)

#325 Stone 2012-02-24 13:47

One good thing about this board is I had about $450 in overdrafts in a 45 day period which I thought was horrible really - but I have seen several people say they have $3000 of overdrafts or more. Lets see the overdrafts were about $35 each...so basically you had about 100 overdrafts in a 30 day period....WOW. So I thank others for making my petty $450 not sound quite as bad.... I just don't know how anyone could have 100 overdrafts in a 45 day period.....I would close the account long before that ever happened.....I am still shocked to hear the huge amount of overdrafts - you can put them in any order really - to have 100 overdrafts - do people really charge their .79 coffee - the $1.00 bag of fries - the $1.00 loaf of bread - etc etc to their debit cards? Personally I won't use my debit card unless the transaction is at least $10 or more.....use cash - never trust a bank too much - they are all out to screw you.....case in point.

#324 Thomas 2012-02-24 08:10

Thanks and yes it was $3000.00 in less then a 30 day period.

#323 Stone 2012-02-23 19:39

Most of us didn't receive letters but if you write them at info

overdraftsettlement.com they can tell you if you have a valid claim or not and how much your valid claim is worth. But it is only the overdrafts you had over a 45 day period - not all the overdrafts you had on your account so I doubt you had $3,000 of overdrafts in a 45 day period.....if you did wow. But you can contact them at the e-mail above and they will reply to you within a day or two. Even if your $3,000 claim is valid - you would stand to get back between $450 and $600 (15-20%) based on what most everyone is saying on here. But again it was only the overdrafts you had in a 45 day period - not over months or years - just your largest 45 day period. It looks like they have either adjusted all the claims accordingly - or denied people that claimed too much. Good luck...hopefull y we find out something soon...

#322 Thomas 2012-02-23 17:01

I sent in my paperwork on time and never have received a letter.5/3 got me for over $3000.00 I have overdrafts faster then then money was going in.And really I had money in the account if they didn't post things out of order to make the most of NSF fees.Does anyone know why I would not have received a letter by now?

#321 tommy 2012-02-23 13:34

i got my letter right on the dead line date so as long as they dont update it again we should get them on the 29th they make it last long so the lawers can find every way to get the money for their selfs like oh i had to driive to the court theres 5000.000 off people wont get

#320 plaintiff 2012-02-21 12:35

They have a week to send the checks. Oddly enough, I really don't expect to receive anything anytime soon. I'm sure they'll update the website with another extension. Plus, I'm only getting about 15% of what I claimed, which is nothing close to what I expected. I really feel like I was suckered. They told us up to 3 times the amount we claimed and we end up getting .15 times the amount if we get anything at all. Why would they say something like that when they had to know that they would be overwhelmed with claims? The lawyers probably just wanted to get as many claimants as possible to justify the outrageous percentage of the settlement they are getting. I'm sure this place will be hopping next week when people realize they aren't they deadline has been expended *again*.

#319 Mad_As _Hell 2012-02-21 08:24

Hmmm Everybody get there check or just give up...... Been really dead on here...

#318 Seth 2012-02-20 09:17

Monday February 20...... Has anyone by chance received there check yet? Sincerely Sti ll Waiting!!!!!

#317 Brent 2012-02-16 15:54

still waiting.....

#316 Brenda 2012-02-11 19:09

That settlement money is drawing interest which is why they want to prolong it as long as possible to get more from the initial amount waiting to be dispersed. More for the attorneys. Must be nice, I hate banks.

#315 Chuck 2012-02-08 07:35

I CANNOT BELIEVE THIS MESS! I JUST GOT ON HERE BECAUSE I WAS TOLD I WOULD ONLY BE REIMBURSED FOR ONE OF MY ILLEGAL OVERDRAFTS, WHICH IS NOT WHAT I WAS TOLD IN THE BEGINNING! I WAS TOLD TO PRINT AS MANY CLAIMS AS I NEEDED FOR EACH 45 CONTINUES DAYS OF OVERDRAFT CLAIMS I HAD TO SUBMIT...AND I STILL HAVE THE EMAIL!! I HAVE SPENT AN ADDITIONAL $150 IN PRINTING AND POSTAGE IN ATTEMPTS TO GET MY MONEY BACK FROM 5th 3rd! I was in an accident in May of 2010 and two weeks ago had my last surgery. I have been asked five different times to mail proof of where my shoulder was "out of socket" and caused my Fifth Third Settlement claims to arrive a couple weeks past the May 2, 2011 deadline. I am out of work again after another surgery on January 19, 2012, AND I COULD USE MY MONEY THAT FIFTH THIRD WRONGFULLY TOOK FROM MY CHECKING ACCOUNT! This is so wrong!! I had also sent in claims where I clearly made my Mastercard through 5th 3rd on time, but was given a $35 late fee ALMOST EVERY MONTH! I STILL HAVE ALL MY DOCUMENTS!

#314 Sue J. 2012-02-08 06:33

I honestly don't think we'll see anything anytime soon. They're taking their time verifying claims and there are many denied claims who have appealed and those have to be reviewed also. And they're still getting them (must have been postmarked by the 6th). And after they do all the verifying and review, the amounts have to be "adjudicated". It took them over 4 months to do the initial review. I seriously doubt we'll see anything before April or May.

#313 Tim R. 2012-02-07 16:42

So basically we all got scammed twice. First by Fifth-Third bank, then by the lawyers and so-called judge. Promises of "up to three times the claim amount." How laughable is that? If I ever do actually get a check out of this farce, I'll wager that the damned thing will bounce higher than the Empire State building.

#312 Tink 2012-02-07 16:21

That was the email I got back from the Fifth Third Bank Overdraft Settlement place.

#311 Tink 2012-02-07 16:19

Your claim is currently in approved status and you do not need to do anything to complete the process. It is presently expected that substantially all checks will be mailed to eligible claimants by February 29, 2012. The final amount of your payment will depend on the processing and final adjudication of all eligible claims. Under the terms of the settlement, if the total amount needed to pay valid claims exceeds funds available for such payments, each Settlement Class Member’s payment will be reduced and paid in proportion to all Settlement Class Members’ payments. At this time, the amount of valid claims we have received exceeds the amount in the Net Settlement Fund. Therefore, all claims will receive a pro rata distribution based on the final numbers, as contemplated under the Settlement Agreement. It is estimated that the pro rata percentage will be between 15% and 22%. Regards, Office of the Settlement Administrator

#310 Sheila 2012-02-07 03:55

O.k. , So, what about the monies Fifth and Third ripped from us after July 1, 2010? Can we start another Class Action Suit for those dollars they stole from us?

#309 dan56094 2012-02-05 16:57

to Stone,,,, Thanks!!! Yes I check all the time, they do it everywhere.

#308 dan56094 2012-02-05 16:53

to Brent I wasn't talking about dying....Your name is already in the book for the day you die. I was talking about Karma. Brent don't try to learn, keep making up your own rules as you go.

#307 Victoria 2012-02-05 15:59

I am thinking the ones of us who were considered included, (heard from the bank because we were recognized as having a valid claim) probably signed our rights away to pursue legal (criminal action against the bank) but the people who were excluded may still have that option. Anyone out there know?

#306 Stone 2012-02-05 02:27

to Dan56094 - sorry didn't see your message for a day or so.....the address to inquire about your claim is: info

OverdraftSettlement.com And your comments are not surprising - it isn't right what the banks do - but not surprising - they will bend any available advantage into their favor....it is amazing you have to watch everyone on everything these days. Just made a purchase at the drugstore today on about 20 items for $50.00 or so - one item rang up 80 cents higher than it was suppose too....I know it is only 80 cents but if they do that with every customer - say 500 customers per day - $400 a day per store - 5,000 stores - $2,000,000 in ONE day. Of course they don't overcharge everyone but you just have to watch everyone - UGH. Some industries are worse than others though and banks are right up there.....good luck all! GO GIANTS! :)

#305 Brent 2012-02-05 00:03

God gives you what you deserve?!?!?! Yep, all those people who died in Japan deserved to die. Clearly. Every single person in the WTC attacks on 9/11 clearly deserved to die.

#304 dan56094 2012-02-04 21:50

(PART 2) of transactions made, I would have only had one transaction not go through. They decided to pay the last transaction first so that 19 didn't go through. I payed over $34.00 for a coke at McDonald's (Three Times!!) Fifth Third knew what they were doing was wrong.... What goes around... Comes around.. I may only get back 50 bucks back but I believe in Karam. God does not make one suffer for no reason nor does He make one happy for no reason. God is very fair and gives you exactly what you deserve.

#303 dan56094 2012-02-04 21:49

(PART 1) This is to a few people on here who think that everyone who has a claim is either too stupid or too lazy to balance a checkbook. I had a Government check from my mother's life insurance deposited in my account. The teller told me she put in as cash so I spend as much as I wanted. This was on a Friday starting a holiday weekend, so for four days I swiped my card and the last transaction was a cellphone bill $150.00 that wasn't even due for two more weeks! But because Fifth Third wanted to make some money they said only the first $100 was good (Because it was a check)from the money my Dead Mother left me. What I had in the account wasn't enough to cover the 20 transactions I made. If they would have taken the money out in the order

#302 dan56094 2012-02-04 21:04

Stone - Thanks!!! Where do I send an E-mail to?

#301 Stone 2012-02-03 22:22

Dan56094 - I didn't receive anything either and sent them an e-mail on Monday - by Tuesday they got back with me saying I had a valid claim - so you can contact them with your name and e-mail address and they can look it up to find out to make sure you are approved or denied.....hope that helps - GO NY GIANTS!

#300 Dan56094 2012-02-03 19:01

I have not recieved anything... No Emails, No letters, Nothing, I dont even know if they got my claim.... Should i have by now? Thanks!

#299 victoria 2012-02-01 13:09

Actually Mr. Tarter is just a guy who probably sold them his little math formula. The B.S. guy who glazes their eyes over with a line of bull . This is one way to distract people and get them off track. The focus becomes a quick and easy way to figure what a settlement should be. Take the focus of the fact we should be compensated with the amount they took from us that was unethical and the interest it should have earned. Plus lawyer fees. Our legal rep. would not make as much money doing it that way. Maybe be should have gone to the attorney general with the complaint. I am no legal expert

#298 victoria 2012-02-01 12:52

Ok, no one else has so I am just going to say it. Any one else find the name Tarter a little fishy ? When he came up with his formula do you think perhaps he had been hitting the sauce?

#297 Heather 2012-02-01 10:03

I got my letter two weeks ago stating that my claim is denied as well. We had several months where we were in the hole to 5/3 because they rearranged the withdrawls etc. I sent in my claim on time and still it is denied. BS. So like Adam I can go pay 5/3 $5 per statement and try and fight it but what’s the use? So I can get $60 back, maybe? I will never give those crooks another dollar. Wish they would actually get in trouble for their fraud. This class action lawsuit is crap. They still get to decide who gets their money back and who doesn’t. I bet a lot more people don’t than do.

#296 Danny 2012-01-31 10:19

I closed my account when this mess started. If I have to sue you, we should not be doing business together.

#295 Bill 2012-01-31 09:57

We all got shafted on the CIVIL LAWSUIT but, it looks too me like we have a name, Mr. Tarter, too begin a CRIMINAL CLASS ACTION SUIT!!! They got OJ the same way.......why can't we get the bank and/or the executives with 'the plan' the same way??? Food for thought!!

#294 victoria 2012-01-31 00:40

It was the judge who decided we didn't deserve even that much.That we didn't matter. He represents the courts. He discriminated against us. It was his job to make a just judgement. He is the one who sent the message that the bank would not give us all our money back. That we only deserved a fraction of what we were cheated out of. He is the one that lacked the wisdom to make a fair decision. If the bank was cheated and we were guilty of creative math. We would be in jail. that is discrimination. We are not treated the same.

#293 steveH 2012-01-30 18:49

We can all thank Mr. Tarter... he was the guy that came up with the formula which got us to the 97.5 million number. Write a software program that IDs the resequencing and calculates the total amounts and we are WAY above the number we got shafted with.

#292 victoria 2012-01-30 15:13

The people that were exploited and taken advantage of were the poorer working class. We are the ones who live from check to check and we run very close to being tapped out in between pay periods it is easy to make a mistake and be off by a dollar. When this happens I can understand a reasonable fee for the one over draft. It was their creative math and rearranging of checks to maximize their return . It is by definition embezzlement . Yet they were never charged .We are the ones who can least afford having this happen to. The banks also realize we are less likely to afford good legal representation. The lack of punishment for our offenders and the lack of restitution or compensation speaks volumes about the courts view and that behavior supports that it is ok to discriminate according to class.

#291 Triece Monroe 2012-01-30 14:57

Got my letter this past friday stating that after roughly $1100 in fees i will be only be getting $130-200 back in return...i shouldve followed my first mind and walked out before opening this blasted account!

#290 victoria 2012-01-30 14:24

For people who would prefer To quit dealing with banks altogether, There are customer owned credit unions that are a credible alternative to banks. They provide the same services.

#289 victoria 2012-01-30 14:10

I hear justice will be served. from people who say it as an utterance of hope or wish rather than really believing it. 5th 3rd just proved banks can get away with robbery They were rewarded after they were caught by allowing them to keep most of it. If If 5th 3rd were held up and the robber was caught he would not get to say "tell you what I'll pay back say 20 percent of the take ,a little extra for the legal stuff and we will call it even and go back to business as usual. I will just try to be a little sneakier next time. The banks credibility won;t even take much of a hit because if it did not happen to Joe Public personally, the bank will not be seen at fault, after all a bank is a trusted legal establishment and we are just unknown strangers. If people were to realize that there is a problem then they would have to deal with the problem, It is easier to ignore and be in denial because it is uncomfortable to make changes and takes effort to react.

#288 Duane 2012-01-30 08:18

submitted $497 in my claim, 5/3 said only $275 was valid, of that they that my share of the settlement would be between $40 and $60. I will never ever do business with them again. period.

#287 Lisa 2012-01-29 23:45

We still have yet to receive anything from 53rd reguarding our award for all of this. We turned in over $1000 in overdraft fees, over $700 of that was from one two week period. I think it is bull shit that they are doing all of this...we still have our account with them, but watch it extremely closely so that it doesnt happen again and we refuse to deposit checks in it, only our direct deposits go in it.

#286 Maureen 2012-01-29 17:00

I sent all my statements in March of 2011 as well as the signed statement, certified. 5/3 charged me over 1000 in overdraft fees over a two month period. They charged me $333 dollars at one time. I don't have an account with them and discourage anyone I know from having one. That was hard earned money that I desparately needed. I feel awful being robbed by the bank, however in the end I know justice will be served. It is shameful what the lawyers received what they received. It was our money. Hopefully soon I won't have to deal with banks. It would be nice to see them all put out of business.

#285 Cindy 2012-01-27 15:37

I got my award letter also yesterday.Altho ugh I only had 688 in overdraft fees I am only getting between 60 and 132 dollars.What a fricken joke.Needless to say I am DONE with 5/3,not takin anymore from them.

#284 Doug 2012-01-27 10:04

HEY SCOTT, you still have that check for $2400 from 5/3 ? Post from January 9th.

#283 Doug 2012-01-27 09:58

5/3 charges 37$ for NSF , no warnings , we switched to Huntington bank. They charge 23$ for NSF, and will email you a 24 hour grace period to make a deposit and avoid the fee. there's other banks out there, just stop using 5/3.

#282 Victoria 2012-01-27 09:01

When I got my award letter yesterday and I use the term loosely. My Sweetie received a letter too . Offering 150.dollar bonus to open a credit card account with 5th 3rd. (notice the amount is about 3 times as mush as many are receiving as an award for the shafting the got)) I bet we helped fund that generous promotion. Just thought you would like to know how they are spending our money. They are setting out more bait to shaft the next group to fall prey, Another chapter in as the stomach turns.

#281 Victoria 2012-01-27 08:33

Remember the game I will give you a nickle or every dime you stand on end. 5th 3rd has brought that to a new art. They are willing to pay back about a 5th of what they steal. While sucking us into the class action suit that promise 3 times the amount taken in a small section of time. The secret code in their math was in their name. ironic they are giving us a penny for every nickle and we don't have to stand it on end.Sounds like a real bargain, for them looks like crime pays real well for banks. I bet they are sucking down a 5th right now in celebration and they are passing the bottles, those 5ths around 3 times so they each get a 3rd.

#280 Seth 2012-01-27 07:40

All together Now... Pull down your pants, bend over ,grit your teeth, and take it in the ass from 53 What a LOAD of BS!!!! How can they say UP TOO 3 TIMES the amount and now everybody is only getting a small fraction of the amount due..... F’ing BS

#279 Kris 2012-01-27 07:35

They tell people you will get upto 3x the amount of your claim back to get people to participate. The more people that participate, the more the claim against the bank is and the more the attorneys get....of course they will say that. I hope nobody went into this thinking they'd get back what was taken from them because that was never going to happen. I am definetly not happy about the amount I'm getting back but its more than the $60 I expected. If you don't have high expections you can't be disappointed... which was the route I took.

#278 Kris 2012-01-27 07:30

I got my letter yesterday. They estimate my payout to be 15-22%. I claimed $1221 and they told me I'd get back between 183 and 268 and checks would be mailed by 2/29. 15-22%, what a joke.

#277 Sarah 2012-01-27 02:06

I knew years ago that something was wrong with my account. I would have enough funds to make the purchases, then received tons of overdraft fees! I kept calling and I always knew something was wrong they would manipulate me leading me with questions. Now they are saying I am denied!! This is crazy and the CEO should contact me. I feel I needed to works a 2nd job to pay theses fees! I have another claim out there let's see what they have to say...I want to send them my statements and tell them to do the math! You don't steal and get away with this makes me speechless maybe we can count on Karma...

#276 Stone 2012-01-27 01:27

But shockingly your local hometown banks tend to offer some pretty good plans (bad interest usually) but several of our hometown banks are quite good actually - free checking with no restrictions - lower NSF fees - etc. And our credit union is fair at least - probably one of the worse credit unions in the nation but still better than most banks. So shop around - just like everything else there is always someone out there that wants to screw you and someone that will offer you a good deal.....rock on everyone.... :)

#275 Stone 2012-01-27 01:26

I agree with Denise on almost everything - people should have closed their accounts with 5/3 long ago - they are for sure one of the more crooked banks out there. But her part saying there are so many wonderful banks? WHERE? Chase sucks about as bad as 5/3 - they charge $15 a month minimum for your checking account unless you keep at least a minimum $1500 in your account (at least in our market) on top of crazy NSF fees. PNC is actually worse than 5/3 if that is possible doing the same largest to smallest transaction policy and higher fees than 5/3. TCF Bank - wow - they will charge you up to $35 for each overdraft and $28 a DAY as long as your balance is in the red - the second they announced that I closed that account just because I wouldn't want to pay $200 or more if my account was overdraft from 1 NSF check for a week......

#274 Denise 2012-01-27 00:29

I closed my account with 5/3 long before the class action suite, I will never bank their or reccommend 5/3 to anyone. I would suggest to close any accounts and never never use them for any type of loans. Their are so many wonderful banks and credit unions, I suggest all of you (everyone) to look in to your options, save your money, invest your money, just don't do it with 5/3. I hope everyone gets whats comming to them, but remember its 5/3 bank so don't set your standards to high, they did this to you before and I am sure their are not done yet. .

#273 Mike 2012-01-26 19:15

I got a letter today stating my claim had been denied because another claim against the same account was higher and that was going to be paid instead. I called and confirmed they had only received one claim, from me, against my checking account. I was told it didn't matter if this was due to their mistake or even misconduct, the only way for me to get anything was to resubmit the claim with another signed statement and of course it has to be by 2/6. They sat on this for 10 months and now I get 10 days to try to fix their mistake.

#272 terrance 2012-01-26 16:09

they are playing with peoples money may need to stop play with people's money they like to take money out of people account without their permission to I'm closing my account tomorrow

#271 dominique 2012-01-26 16:02

They play with my money and they when in my brother account they took 500 dollars out of his account it I had to repay him back 500 dollars so I need my money back

#270 dominique 2012-01-26 15:55

They own me 500.00 dollar they only give me 3.00 to 5.00 that is bs i want my money

#269 Stone 2012-01-26 15:28

Hummm - haven't received a letter yet either way - but the amounts seem disappointing - I figured we would at least get close to what we were shorted out of in that highest 45 day period. So lets see in the 3 years I had my 5/3 account - I paid about $1100 in fees - in my worst 45 day period based on the lawsuit I paid about $400 in fees - but I will get about $80 7 years after it happened....wow . That seems fair. UGH. I guess though 5/3 admitted to collecting about $95 MILLION in overdraft fees PER YEAR on checking accounts - so they screw people out of hundreds of millions of dollars and give us back a whopping $9.5 million back and face no other penalty. Makes you almost want to open a bank so you can screw everyone too. (PS nothing against 5/3 directly - all banks are out to screw you one way or another - monthly fees - overdraft fees - transaction fees - who knows what they will come up with next.) I guess finally though something is better than nothing.....

#268 Doug 2012-01-26 14:45

Just rcvd my letter today 1/26 , we incured many hundreds of fees... letter says were getting between $3.75 and $5.50. Yes as in 3 dollars and 5 dollars. what a joke , were closing our account, people have to make a stand close your accounts w 5/3. I'm mad but not surprised

#267 scott 2012-01-26 14:41

Another victim of these scumbags. They determined we had $397 in overdraft charges but will get $59- only 14%. This is after stating we could get up to triple back. The attorneys get millions and we get screwed again.

#266 Christine 2012-01-26 14:35

REAL NICE I just got my letter today and they will only pay me between $8.00 to $12.00. How can they get away with this. The original letter said upto 3 times the amount of each overdraft fee. THIS IS SOME REAL BS!!!

#265 Julie 2012-01-26 13:00

I just received a letter today saying that my claim for $1023 was an eligible claim and that I would receive between $153 and $225, and would be mailed on Feb. 29. It gives me the option to contest the amount of my claim with a form they included that has to be postmarked by Feb. 6.

#264 Seth 2012-01-26 12:58

Serious BS did I NOT read this correctly As part of the Fifth Third overdraft class action settlement, class members who submit valid claim forms by the deadline of May 2, 2011 will be eligible to receive up to three times the amount of overdraft fees they claim they were charged

#263 Laura 2012-01-26 12:28

My letter states I will get 15-21% of my incurred fees. This is BS.

#262 TL 2012-01-26 11:22

We received a letter today stating our settlement amount will betwen $65 and $78 and will be mailed by the end of Feb. (Our claim was for $360) Sweet!

#261 dominique 2012-01-26 10:59

Im only get fiv fucking dollar they play to much.

#260 Brent 2012-01-25 23:42

yea, mine was for $749 or something like that And it's pro-rata, so we'll get more than 18%

#259 Tim 2012-01-25 22:15

So should i of received a letter by today if i was either going to get a check or if my paper work was incomplete. I know seth says he received a little less then 18%. but no one else has said anything else aboutthis topic then one person who needs to resubmit and one that says he will get something back my claim isfor 700 dollars an i would be happy with a 18% check worth 128 dollars.

#258 smith 2012-01-25 21:44

I'm not sure. It just said to put the amounts and dates, etc. again. The new form is due by February 6th.

#257 donnamarie 2012-01-25 21:29

@smith..what was incomplete with your claim? @seth..a re you saying your claim amount was for $144 and 5/3 said you're going to get $22.32?

#256 Seth 2012-01-25 19:59

I got a letter. Claim amount was for 144. I will be getting 22-32 on feb 29th. You do the math.

#255 disgusted 2012-01-25 16:43

So they have to wait until all the denied claimants resubmit their claims? \We'll never get our money at this rate. I mean how can they pay out if they don't know how much all of the claims are? What a crock.

#254 smith 2012-01-25 15:25

I received a letter today. My claim form was incomplete. I need to resubmit it.

#253 Seth 2012-01-25 10:12

Well its January 25 and still no denial letter from 53...... I HOPE that’s a good sign and Someday I will be getting a check made out to me? I know dare to dream right! Ha! Has anyone who post on here received a denial letter???? Its been quite on here for a few days

#252 Tim R 2012-01-22 21:56

Logic would dictate that if, in January, they know whose claims will not be honored, that they should also know whose claims are valid. But then again, logic often gets tossed out the window when lawyers and banks get involved. I guess we'll know when we know, eh?

#251 emart 2012-01-22 09:40

respond to Brent:. I've bees saying the truth. Is the level of corruption in this country. that's why Big Banks get away with anything. Look up Transparency International and you will see US is no 24 on corruption. This is a recognize world wide org that rates corruption level in world. Don't be such a DUMB Ass.

#250 Todd 2012-01-22 03:33

They are screwing us all with our pants on! WE WILL GET NOTHING!

#249 Carlos 2012-01-21 18:53

Are we in post judgment interest territory here? I hope I'm at least getting 0.19% on my money. Anybody know whether the juice is running on fifth third during this extension period?

#248 victoria 2012-01-21 12:38

So Feb 29,2012 will be extension date #1. Shall we run an office pool on how many extensions they apply for and how many are granted. How about how much money they can save by playing the extension game from earned interest on the money they are holding on to. A good judge would also grant us interest on the money with each extension and or late fees. This would motivate them to do it in a timely manner. The longer they hold on to the money the more they make off it. Poor motivation to get this resolved any time soon. There late fees and interest are painful to our budget too. Shall we rearrange the data while we are at it to maximize our profits as well . It seems they are still ahead of the game doing just that. They even have empathisers who are ready to pass judgement on their customers and based on assumed facts , We know what acronym assume stands for. just adding my 2 cents to the belly ache club.

#247 Seth 2012-01-20 13:16

To Mike Claimants are scheduled to be notified by mail in January, ( If their claims have not been approved. ) These notification letters will advise claimants on steps they may take to remedy deficiencies and/or contest the Claims Administrator's initial determination. It is presently expected that substantially all checks will be mailed to eligible claimants by February 29, 2012.

#246 mike 2012-01-20 08:23

does anybody no when we will get some news on this settlement

#245 Brent 2012-01-18 21:32

o, you've been saying dumb shit the entire time... why did i even bother to respond to you?

#244 Brent 2012-01-18 15:59

emart: that is not how pro-rata works

#243 emart 2012-01-18 05:26

As per inputs from the atty office the payout is 10 cents on the dollar. That's the American Justice. As long as the Americans keep re-electing the same congress over and over.

#242 Seth 2012-01-16 09:38

I highly doubt that what Scott claims is remotely valid and or true since NO checks have been mailed. To the best of my knowledge no one has even received there notification letters as of today...1/16/12 I feel more and more we are ALL Just screwing the pooch on the Whole thing.... Its been just one delay after another.... On a side note I have a overdraft that I'm paying back I have a certain dollar amount taking out of my checking every month... This month my selected due date was the 15th of the month BUT 53 withdrew the funds on the 13th is that even legal? Luckily I had the extra $ to cover this... And this is NOT the first time this has happened

#241 Doug 2012-01-13 21:25

I question Scott also, show us the money.

#240 Sam 2012-01-13 13:15

So what's with Scott's 1-9-2012 comment about getting a check? Was the check for something else? Scott, did you really rack up $1,900.00 in overdraft charges in just 45 days?? That's quite a feat since they are only counting overdrafts that result from re-ordering. You'd have to have overdrafted twice because a bigger check went through before a smaller check, bring your account back into balance, and then repeat that process about 50 times in 45 days! Oh, and somehow you've been paid before anyone else even knows the payout amount. Thanks for yanking our chains, Scott. Appreciate it.

#239 Seth 2012-01-13 08:13

To Marie you are mistaken go to https://www.overdraftsettlement.com// there is and Update January 12, 2012 UPDATE: Claims processing is currently ongoing. Claimants are scheduled to be notified by mail in January, if their claims have not been approved. These notification letters will advise claimants on steps they may take to remedy deficiencies and/or contest the Claims Administrator's initial determination. It is presently expected that substantially all checks will be mailed to eligible claimants by February 29, 2012.

#238 marie 2012-01-12 18:53

They havent changed the date its still janurary26th thats what my message from them today was by the 26th you will either get a check or a letter

#237 Joe 2012-01-12 14:36

That's from the settlement website

#236 Joe 2012-01-12 14:35

January 12, 2012 UPDATE: Claims processing is currently ongoing. Claimants are scheduled to be notified by mail in January, if their claims have not been approved. These notification letters will advise claimants on steps they may take to remedy deficiencies and/or contest the Claims Administrator's initial determination. It is presently expected that substantially all checks will be mailed to eligible claimants by February 29, 2012.

#235 cutter17 2012-01-12 11:46

Patience my ass! They have had 2 days shy of 4 months ( 9/28/11 to 1/26/12) to get this done. I'm guessing it is 5/3 that's dragging their heels, and slowing things down. So the Feb 29th date sounds feasible when you consider the reply JenB got.

#234 JenB 2012-01-12 07:33

I received an email today that said : Regrettably at this time we are still unable to determine specific award amounts or exact dates of disbursements. You will receive written notification with more information within the next two weeks. We appreciate your patience in this matter.

#233 cutter 2012-01-12 05:53

So, with two weeks until the deadline, we will get a letter telling us we are eligible for a payment, and then another mailing that contains a check? That is just wasteful if that is the case. Any word on whether the 1/26 date is going to be pushed back to February?

#232 victoria 2012-01-11 22:03

I got exact same email as dmw today!

#231 dmw 2012-01-11 19:11

Here's a reply I received today from my inquiry about if I moved where will my check go and how can I check the status. Thank you for your inquiry. Your claim, #......, has been deemed to be timely and complete, however, all claims are still pending Fifth Third’s review and are being processed. Determination letters will be mailed upon completion. Payments related to eligible and valid claims are to be issued by January 26, 2012, however at this time we are unable to determine specific award amounts. We appreciate your patience; please continue to advise us of any questions or concerns. If you will reply to this and give us your current address information, we will make any necessary changes to your claim.

#230 tam 2012-01-11 13:59

i got screwed by fifth third to. i was wondering do we get letters before to letting us know if we get a check or is it going to be a surprize?

#229 mim 2012-01-11 12:52

JUST GOT THIS REPLY Thank you for your email. All claims are currently under review and being processed. Determination letters will be mailed upon completion. Payments related to eligible and valid claims are to be issued by January 26, 2012. At this time, we are unable to determine specific award amounts. We appreciate your patience; please continue to advise us of any questions or concerns. Re gards, Office of the Settlement Administrator

#228 cutter 2012-01-10 18:18

Got home this afternoon and had a piece of mail that mentioned settlement fund. Boy was I surprised! Got in such a hurry I threw everything else down and opened up the envelope to find a check. Only there was nothing about 5/3 on it anywhere. Turns out I apparently was also a member of another class action suit between someone and Advance America, that was filed on 7/25/2004. The amounts range from $10 to $520, from a settlement fund of $8,500,000.00. There are 127,130 checks being mailed out. Now I need to ask. The information that came with the check had the above info on it. There also also members of this suit that cannot be located, and the checks must be cashed by 3/06/2012. The unclaimed money will then be distributed to those members who did cash their checks, and done so in the 2nd quarter of 2012. Is this a normal way of doing things when there are unclaimed funds? Btw, I cashed mine!

#227 Doug 2012-01-10 15:26

Scott you are the luckiest man on earth.

#226 Stacy 2012-01-10 15:19

To Seth, Where did you get that information? Per the settlement website, the date is still saying 1/26.

#225 Kris 2012-01-10 09:29

Scott, how could you have received a check already when 5/3 hasn't even determined the amount of each claim? Seth, how did you find out they filedd an extension?

#224 Seth 2012-01-10 08:08

To the poster above.... Ummmm Fifth Third has requested an extension from the court to pay out settlement amounts to February 29, 2012, not January 26, 2012. Yet another month!

#223 scott 2012-01-09 19:32

good news eveyone i’ve got a check from 5/3 today my fees was $1900 and I got a check for $2400 not 3 times as much but im happy with that good luck all:)

#222 mare 2012-01-06 08:31

i submitted 2 separate claims (have claim numbers and my e-mails), how do you know if you are for sure eligible for part of the settelement? I have sent e-mail messages and have not gotten any reply...any words of wisdom out there?

#221 victoria 2012-01-05 22:16

I am so mad that i joined this suit as 5/3 is still playing with the chronological order of checks and debits. Wish I would have done something on my own.

#220 cutter 2012-01-05 14:35

I emailed and got the same reply as Pelfreak above. Says my claim (claim number) has been deemed timely and complete. Like the rest, just waiting for the 26th and see if something shows up.

#219 emart 2011-12-28 21:47

The Judge, Prosecutor and Bank Attorneys all le MAMAN LA PINGA Y EL CULO CAGAO A los que los sobornan del banco. Son unis Hijos de La Gran Puta

#218 SteveH 2011-12-28 17:55

Got this today. Thank you for your email. All claims are currently under review and being processed. Determination letters will be mailed upon completion. Payments related to eligible and valid claims are to be issued by January 26, 2012. At this time, we are unable to determine specific award amounts. We appreciate your patience; please continue to advise us of any questions or concerns. Re gards, Settl ement Administrator

#217 Stone 2011-12-26 14:34

Well they can't "pocket" anything.....if you read in the actions if there was any money left over from about $6 million left they have to donate the rest of the money to charity causes. But even if 1/2 the claims are not valid that is still 50,000 claims. That is only $120 per person. Now I am sure they are not paying it that way - I am sure it is evened out like if you had 1 approved overdraft you get say $20 (or whatever it comes out to), if you had 3 approved overdrafts you get $60, and so forth.....the main question is how much will it be but I would think they would say well there is 300,000 approved overdrafts from 50,000 approved claims so that leaves $20 for each approved overdraft. Of course the actual amounts of each overdraft could be anything from $1 to $99 depending on how many approved claims they work on....we should know something soon :)

#216 Steve 2011-12-26 09:50

Determination letters, completion, eligible, VALID CLAIMS, 1/26/2012, unable to determine, specific award amount, All I know is I received 2 small post cards stating gather as much info that you can and send it in. 3 times the amount will be what fifth third would award I'm hoping and praying that they do the right thing and not pocket what is due to the people.

#215 Laura 2011-12-23 16:38

Here's the email response I received today: Thank you for your email. All claims are currently under review and being processed. Determination letters will be mailed upon completion. Payments related to eligible and valid claims are to be issued by January 26, 2012. At this time, we are unable to determine specific award amounts. We appreciate your patience; please continue to advise us of any questions or concerns. Regards, Office of the Settlement Administrator

#214 StevenH 2011-12-23 13:50

Well, here is the latest... the claims have started to be processed BUT, I was told it's looking like late January, but more realistically, late February before any of us sees anything. I know, the website says January 26th. The man I talked to at the Chicago lawfirm said until all the claims have been validated and counted, there is no way of knowing how much the amounts could be.

#213 Sam 2011-12-23 06:58

StevenH makes a good point. I was certainly hoping that the "up to 3 times the amount of the claim" would end up on the high end of that range. That's still possible, but it seems more likely that our payout will be less than our claims.

#212 michelle 2011-12-23 01:01

Has anyone heard how much money we get back? Also, how do they determine if a claim is invadid?

#211 StevenH 2011-12-22 09:24

I couldn't agree more Sam. When I joined the suit, I felt if 53 bank is made to pay up to three times the claim amount that there be at least some measure of accountability imposed on 53. If it turns out the payments are far less than three times expected by some, the sense of accountability will evaporate.

#210 Sam 2011-12-22 08:16

StevenH., if you are expecting a payment, that means you've joined the class and have signed away your right to sue for yourself. If you really feel as strongly about this as all your exclamation points indicate, you probably shouldn't have done that. If you didn't join the class action, you still have the right to sue on your own behalf. Please let us know how that works out for you.

#209 StevenH. 2011-12-21 17:21

Jail time for the crooks!!! When are WE going to start holding people accountable??? What we get will be far less than what we want? Probably so. I tried to read through the explanation about how they came up with the "45 day" part of the equation... what a bunch of crap.

#208 Stone 2011-12-19 19:24

If you filed your claim over the internet - they gave you a confirmation number when you filed online. If you mailed in a form they did not mail anything to you to confirm they received it to my knowledge. If you contact them at www.overdraftsettlement.com they can probably look up your claim to verify it is valid.....or just wait another month or so hopefully and you will either get a check or if they didn't receive it - it is too late to file another claim anyway. :) Good luck all - Merry Christmas to all - and we are down to about 35 or 36 days max they have to mail the checks out.....:)

#207 Larcada 2011-12-19 15:45

I never received any conformation number an I snt my claim in early.

#206 Robin 2011-12-17 18:29

ty Linda & Jeff Beatty I emailed them and awaiting a response back. Thanks very much.

#205 Jeff Beatty 2011-12-16 14:47

Robin....I got involved very early in this process because I had insisted on meeting with our Market President on the issue and all they did was tell me he was not available time after time. I filed my claim in early 2011 and I must say that the settlement administrator and our (since we're class members) class counsel have been very forthright and honest unlike the jerks at 5/3. Go to this site and send an email....they will respond......ht tps://www.overd raftsettlement. com//Default.as px

#204 Linda 2011-12-15 19:13

Robin, I would e-mail them and ask them they can check by your name or the account number

#203 Robin 2011-12-15 16:46

What if I actually mailed the claim form in. I have never received any type of conformation number, or for the matter if it was ever received by them.

#202 Linda 2011-12-14 22:01

Hi Vikki, when you sent your claim in you should of received a confirmation number that is your claim number

#201 Vikki 2011-12-13 22:25

I have not recieved any claim numbers or anything from them....does that mean I was found invalid?

#200 Pelfreak 2011-12-13 14:26

Response from Overdraft website..... D ear Claimant, Than k you for your inquiry. Your claim #(XXXXXX) has been deemed your claim to be timely and complete, however, all claims are still pending Fifth Third’s review. On September 28, 2011, the last pending appeal was dismissed. We presently anticipate a minimum of 30 days to complete claims validation and calculation processes. Payments related to eligible and valid claims are to be issued by January 26, 2012. Amounts for claims are unknown at this moment. More details on the settlement, including copies of the Settlement Agreement and updates, are available on our website at www.OverdraftSettlement.com. Regards, Fifth Third Overdraft Settlement Administrator

#199 Stone 2011-12-10 01:53

46 days and counting now....lets hope for something soon....nice to at least hear an update of some sorts.....:)

#198 country 2011-12-06 10:58

i submitted a claim and they sent me a claim number now he waiting begins

#197 Stone 2011-12-01 00:48

You probably did actually. To open an account you have to sign a sheet saying you agree to their terms and conditions upon opening the account. If you choose to read it all they are normally 10-15 pages long. It was in there somewhere. If you opened your account electronically you still give your consent to whatever terms and conditions they have. But it doesn't matter because everyone signed or agreed to their terms - they were in wrongdoing is why they have been sued and agreed to pay back a small portion of what they "screwed" everyone out of. Your second comment - if you filled out a claim form from www.overdraftsettlement.com - or requested one in the mail - you may be part of the class action. If you didn't fill out the paperwork to the court - or if you just gave your statements to 5/3 no you will not get anything back. T-minus 57 days and counting.....:)

#196 Justin 2011-11-30 06:35

I signed a no overdraf policywhen I started banking with them...andsentt them my statement months ago.....should I be expecting money back

#195 Stone 2011-11-27 02:57

It sounds like a paperwork nightmare really if they have to go through them one by one and correct all the errors. I wonder if you made a mistake if they will just say DENIED or if they will actually go through the work and correct the people that made their claims too large or didn't follow the rules. If they just denied everyone that didn't do it correctly - might still be hope for us to get 3x our amount (and they still probably wouldn't get to 6 million dollars paid out). Almost everyone says they claimed the full amount of all overdrafts they had for years with them.... I for one only listed a 45 day period - it asked you on the form to list the dates you were claiming within a 45 day period I believe - like April 1st 2005 to May 15th 2005 for example or whatever your dates may have been. So if people listed Jan 1st 2001 to June 30th 2007 you would think they would just be denied....but we will see here in a month or two hopefully....:)

#194 cutter 2011-11-26 22:49

Hey all. My first post here, I'm one of those who ended up filing the claim 3 times. First time I filed online and I'm not sure it even went through. A few months later I started to think about it and had found some of my 5/3 checking account papers, so i filed a second claim online. This time I got a reference/claim number. Back this past April I discovered more statements and updated with a THIRD claim online. This time I was sent a paper copy to fill out. It came on May 6th, four days after the deadline. I filled it out and sent it back though. I also misunderstood the question asked concerning the 45 day period, and listed all overdrafts. But I did check the box stating I DID NOT have all my banking information, and I do have a legitimate claim.

#193 Stone 2011-11-26 21:02

Exactly hopefully. Well the court says they are to issue checks by January 26th - so we have 2 months or less to wait now....:). It obviously takes time to go through 100k worth of claims - but hopefully at least 1/2 of those are bogus or no proof or what have you - so maybe we will still get at least what is owed to us. So many people on here even didn't understand it wasn't ALL the NSF fees you ever had - just the ones caused by debit card use within a 45 day period.....stil l there are probably some huge claims and some that are only small. This one seems to be going faster than the National City lawsuit - of course that one was started later too - but haven't even heard any updates on that one yet. Hope everyone had a Happy Thanksgiving!

#192 Mike S 2011-11-25 12:49

Guessing (hoping) this means they are auditing that figure of "100k+ claims". I wonder how many of those are duplicates, and if claims without tangible data (acct #) will be removed from the settlement?

#191 mim 2011-11-22 11:48

LATEST UPDATE: Dear Claimant, Th ank you for your inquiry. All claims are still pending Fifth Third’s review, as of today, Fifth Third has not completed their review. Until the review is complete amount of the claims will be unknown. Mor e details on the settlement, including copies of the Settlement Agreement and updates, are available on our website at www.OverdraftSettlement.com. Regards, Office of the Settlement Administrator

#190 jakeR 2011-11-13 23:04

Bank of America's customers, past and present, might get part of a class-action settlement. But don't expect a windfall. A federal judge in Miami Tuesday ordered the banking giant to pay parts of a $410 million settlement to more than 13 million of its debit card consumers. The case alleges that the financial institution used a policy in posting its debit card transactions that resulted in more overdraft charges. I found this here: Bank of America settles overdraft fee class-action suit. Customers who can claim part of the settlement are those who were charged overdraft fees caused by the bank’s practice of posting debit card transactions from largest to smallest amount, instead of in the order they were made. It is a practice the bank discontinued in May, 2009.

#189 anderson 2011-11-10 11:43

I guess everyone is just waiting for the checks.

#188 Sam 2011-11-09 11:42

No posts for two weeks? Weird.

#187 ROCONNOR 2011-10-26 10:49

Any chance we can charge them Late Fees??

#186 Stone 2011-10-24 23:17

Has anyone gotten a reply or better yet their money yet? Just curious - haven't heard a thing so far.....

#185 emart 2011-10-22 20:42

What can of Judge and Prosecutor and Claimant Attorneys would accept a settlement of pennies on the dollar? Only those that are corrupted, crooks, dishonest and ComePingas type. The judge is a Maricon..

#184 Kelly 2011-10-16 16:28

When do we get the checks

#183 Claimnant 2011-10-13 12:44

FYI Dear Claimant, Thank you for your inquiry. At this time we do not have the information you are seeking on how much and when you will receive any possible monies. Valid claims are considered claims that are complete with all the information requested on the claim form. On September 28, 2011, the last pending appeal was dismissed. We presently anticipate a minimum of 30 days to complete claims validation and calculation processes. Payments related to eligible and valid claims are to be issued by January 26, 2012. Should there be any deficiencies or additional information needed for your claim, you will be notified in writing. Amounts for claims are unknown at this moment. Please check back in 30 days. More details on the settlement, including copies of the Settlement Agreement and updates, are available on our website at www.OverdraftSettlement.com. Regards, Office of the Settlement Administrator

#182 emart 2011-10-06 17:41

A formal complaint should be done against the Attorneys (acuser & defense) and the Judge for accepting BRIBE money from the Bank. Le vendieron el CULO al banco por unos pesitos. It's been a great business for the bank.

#181 C 2011-10-06 08:47

Tim R is telling the truth!!! The settlement has been approved and payments will be issued starting January 26,2012! Whether it's $60 or $600, I'm happy it's over.

#180 Tim R 2011-10-05 20:25

Hey Y'all check it out: www.overdraftsettlement.com Payments are to be mailed out by Jan 26th

#179 C 2011-10-03 13:12

We all signed saying it was ok to non-chronologic ally post our transactions, but when we were explained this, it was to be to our advantage. NOT our disadvantage. Either they should reconcile my bank acct and pay me at least 1/2 of the money they took from me, and a little more to penalize 5/3. They robbed us and want to pay us pennies on the dollar, how is that fair, that's why they said they would pay up to 3x the amount in a 45 day period. 45 day period, what bull $hit!! I was with them for 5 yrs. OR We should start a whole new lawsuit. Of course 5/3 took the deal for $9.5 million, they're still making a profit.

#178 To good to be true 2011-10-03 10:51

Anybody check the validity of the Facebook posting? "Some one on Facebook posted that a coworker received their check for $400 on 9/30. Look up Fifth Third in the search, there is a whole page there dedicated to this."

#177 C 2011-10-03 10:31

I agree with Victoria. 5th 3rd bank should be brought up on charges and on probation to make sure they are doing business ethically. Maybe other banks too. I'm pulling all of my money out of Chase (they've been an ok bank, but now starting to charge fees for money order's, etc.) and so I've already moved some money to a Credit Union.

#176 emart 2011-10-02 12:44

They are only paying a small fraction of what they ROB. Therefore, it's not a penalty. It was a fantastic business for the bank. Steal get caught and pay pennies on the dollar. At a minimum they should give back all of the monies stolen and in addition an additional penalty for doing this. Otherwise, what is the real penalty. Is the JUDGE, PROSECUTOR and ATTORNEYS getting $$$ from the bank. They suck for the money.

#175 Elizabeth 2011-10-02 07:29

Someone on Facebook posted that a coworker received their check for $400 on 9/30. Look up Fifth Third in the search, there is a whole page there dedicated to this.

#174 Stone 2011-09-28 05:28

The exact brochure mentioned above is also available at this web address - look at the bottom of page 3 and the top of page 4 for the details........ . https://www.overdraftsettlement.com//Documents/Detailed%20Notice.pdf

#173 Stone 2011-09-27 23:27

So hopefully the lawyers and 5/3 can figure out who the VALID claimants are and pay us accordingly. Amazing how many people are misinformed about this matter when it is right there in black and white....

#172 Stone 2011-09-27 23:26

6. What do "Overdraft Fee", "Debit Card", and "Debit Card Transaction" mean? Under the terms of the Settlement, "Overdraft Fee" means an insufficient funds fee, overdraft fee, returned item fee, daily overdraft fee, overlimit fee, or other similar fee, incurred AS A RESULT of the "re-sequencing" of a Fifth Third Debit Card Transaction in non-chronologic al order that was not previously reversed, refunded or returned. "Debit Card" means a debit card, check card or any other bank card used for debit purchases bearing the Fifth Third logo or brand. "Debit Card Transaction" means a transaction done with or relating to a Fifth Third Debit Card. Examples include use of a Fifth Third Debit Card in an automated teller machine ("ATM") and/or for point of sale ("POS") transactions. "Point of sale" transactions include any purchase made using a Fifth Third Debit Card at a merchant or retailer. So as you can see IT IS ONLY if you had overdraft fees that resulted from debit card use and because of "re-sequencing" .

#171 Stone 2011-09-27 23:25

As stated on page 3 of the original brochure mailed out to people making claims..... 5. How do I know if I am part of the settlement? The court decided that the Settlement Class includes all persons in the United States who hold or held a Fifth Third Account and who at any time during the Class Period incurred at least one Overdraft fee (as defined in question 6 below) ASSOCIATED with at least one Fifth Third Debit Card Transaction. Each of these persons is a Settlement Class Member.

#170 Moises 2011-09-27 14:34

One point: Your claim does not have to be "a result of resequencing." You can't know for sure which fees were a result of resequencing, unless you've kept incredibly meticulous records. 5/3 are the only ones who would really know those details. I believe the 45-day period is a compromise; rather than trying to decipher each fee which is a result of resequencing, everyone can simply use a 45-day period and call it "fair." Additionally, due to the fact that everyone technically allowed 5/3 to employ this practice by signing a notice when the account was opened, the responsibility becomes hazy. So, it does NOT matter if your fees were actually a result of resequencing, it only matters if you incurred fees during the time-period this suit covers. Everyb ody understand?

#169 Sam 2011-09-27 11:44

Of course, if a lot of those 100,000 claims are not valid (fees didn't result from resequencing, weren't within 45-day period, etc), then that could drive up the average payout, but probably not by much.

#168 Sam 2011-09-27 11:44

Lisa is mostly correct; the amount we’ll get will be nowhere near the amount of our claims. But, we won't all be getting $60. The average payout will be about $60, and your individual payout will be proportional to your claim compared to the average claim. It's important to differentiate between "claim" and "payout" here. Claim is what you claimed, and payout is what you will actually get. I have no idea what the average claim is, but let's assume for argument's sake that the average is $300. If your claim is $100, or 1/3 of the average claim, then your payout will be 1/3 of the average payout; so your payout would be about $20. If your claim is $300, or equal to the average claim, then you'll get the average payout, or about $60. If your claim is $500, or 5/3 of the average, then your payout will be 5/3 of the average payout; or $100 (yes, the 5/3 pun is intended).

#167 Lisa 2011-09-27 09:08

While I lost close to $700 after the whole posting the deposit after taking all the checks out scam, I of course want to get my money back. However is everyone aware that we will only be getting about $60 each when all is said and done? The attorneys are getting 3 million. The settlement was for 9.5 million. And with 100,000 of us, we each get a little over $60. Hardly enough to make up for the headache and definately not enough to cover our losses. So while everyone is upset that they haven't gotten their settlement yet, they will probably be even more upset when they do get it. 9.5 million sounds like alot of money until you divvy it up.

#166 Sam 2011-09-26 11:40

"Me" makes the most sensible comment I've seen on this post, echoing some previous comments. Pulling your accounts and doing business elsewhere would be a pretty normal reaction. You don't need anyone's permission, and you can do it for any or no reason. If enough of us do that, 5/3 will have to either change drastically or go out of business. It's a free market, and not even the richest person or corp. in America and force us to do business with them.

#165 Me 2011-09-25 11:45

It's really sad how much the lawyers and fifth third made on this scheme they pulled. I lost ALOT of $$ way more than I would care to admit before I woke up. The only way to stop Fifth Third from doing this is to not do business with them period!! Stated from a post above "We signed the papers when we opened our accounts to allow Fifth Third to do this to us"!! Everyone needs to pull their accounts and never allow them to do it again. I can't believe the $$ they made off of us...like you said "The rich get richer and the poor get poorer"...

#164 Jamie 2011-09-24 23:41

WHY ARE THE FRICKING ATTORNEYS GETTING 3 MILLION??? THIS IS INSANE!! Does anyone look out for the everyday people??? No wonder the economy is shit, because the rich get richer and the poor get poorer! Fifth Third should BE PUT OUT OF BUSINESS AND EVERY CENT OF OUR HARD EARNED MONEY RETURNED TO US WITH INTEREST!! Fifth Third is a bunch of crooks!! I saved ALL MY PAPERWORK FROM 2008 thru the beginning of 2010!! I have loads of proof that Fifth Third rearranged my deposits and withdraws to benefit themselves! Someone should be put behind bars for stealing!! Why are we not getting all of our money back???? Fifth Third still made out like FAT RATS, because they are not being made to refund us all of our money! We need to put our foot down and NOT ALLOW THIS TO HAPPEN!! WE SHOULD BE REFUNDED 100% of our hard earned money!!

#163 sky 2011-09-23 12:20

Fifth Third overcharged me between $650-$700. I have read the court orders/decision s, but I do not understand them. So, will someone out there please tell me if my impression is correct: Since I will likely never have what 5/3 actually owes me--perhaps someday in the distant furture a paltry two-digit handout (Sung to the tune of "Mister, Can You Spare a Dime?") is my only recourse to simply close my three 5/3 accounts? Grandma might have had it right. Maybe we ought to find a Mason jar, fill it with our cash, then bury the jar in the back yard in the darkness of the night....???

#162 applesallday 2011-09-22 14:37

My story is simliar. Every time I go to a teller and hand her my check it would take days to go though. But ifI go to the machine it would clear right away and give me a min of 250. One day i was bless with a $960 check that I needed to pay a few bills. I took it to a teller and bam 640 dollars overcharge fees. It happen not once but three times once around x-mas. I not asking for every penny cause i was a fault too. But I would like some thing for being with the bank for 5 years. After all this happen I lost my account and is in debt. If they can clear that off my credit or start me with a 0 balance I will feel even

#161 Lin 2011-09-16 13:12

I like what you say here Bill - we always have to pay interest on any monies that we owe - let them follow the rules of the 'little person' - and not big corp.

#160 Bill 2011-09-15 17:33

What I figure is.....just as if we borrowed money from 5/3, or ANY bank, we would have too pay interest....... .soooooo......a ll of us should demand interest on our money, get it OK'd by the Judge, or whoever is actually making the 'judgement calls' and collect interest on every dime of our money until we get it back!!!

#159 C 2011-09-15 09:39

I agree with Sam. I also think that if 5th 3rd profited say....$60 million over 6 years. 1/3 to the attorneys. $40 million split between 100,000 ppl would be $400 a person. It's not 3x what they owe me, but I think it's fair to get $400 instead of $58. (*I'm sure the bank made more than $60 million over the last 6 years, just a guess). My example sounds more fair to me. The stupid initial offer of $9.5 million that 5th 3rd was offered, they settled it right away cause they knew they were still making money off of us. Bull shiznit!!

#158 Brent 2011-09-14 21:58

I'd really like to know who and why Especially if they're going for more $

#157 Laura W 2011-09-14 21:15

Don't look for checks any time soon. This is now on the lawsuit website: "Fo ur individuals and a limited liability corporation have notified the Court that they are appealing the Court’s Judgment and related Memorandum Opinion granting final approval to the settlement."

#156 Sam 2011-09-14 07:58

emart, you are engaging in slander. If you have evidence of kickbacks, please provide it to the US attorney's office. It's a very serious charge. There are no criminal charges; this is a civil case, so there is no “prosecutor.” That's because, as stated on page 27 of the Judge's Opinion, we all signed a document allowing 5/3 to do what they did. In the settlement, 5/3 agrees that they should not have asked us to do that, but it's hard to say money was stolen when they have our signature authorizing the whole thing. I think if the attorneys felt they could get more than $9.5 million, they would have done it because then they would have gotten 1/3 of a much larger pie. I know everyone is venting, but facts & logic have a place here, too. I can't stand people complaining without regard to any facts or reason. How many have actually read the Opinion? The only recent post that makes sense is Traci's; that was truly BS and she should be reimbursed for that incident.

#155 emart 2011-09-13 20:00

The prosecutor and judge took a kickback from the attorneys and the bank. Otherwise, the prosecutor would have requested mush more than 9.5 million. At a minimum refund 100% of the charges scam to customers. The judge, the prosecutor, the atty. and the bank are corrupt. they sold themselves as prostitutes.

#154 Sam 2011-09-13 09:28

Brent, the 100,000 claims figure comes from the Judge's Opinion & Order, page 8. Actually, it says "over 100,000 claims," so we don't know how much over. So the $5.8 million-ish left over after the attorney's fees means an average of $58 for each of us, assuming nearly all the claims are legit. Pro-rata means if your claim is $750 and that is, for instance, twice the average claim, then you will recieve twice the average payout, 2x$58, or $116. If your claim is half the average claim, then you will receive half the average payout, or $29

#153 Brent 2011-09-13 04:30

So getting about 30% back gives me $225... mucho bettero. The other way they could have resolved pro-rata is by paying out the top numbers first until the money runs out, then reducing payments to scale some money down to the 1 overdraft claimants. Which could quite literally leave people with a check in their hands for $.01. Yes... 1 cent.

#152 Brent 2011-09-13 04:30

My claim in a 45 day period was for about $750. And someone "heard" there were 100,000 claimants but does anyone know where that number came from? And how many of the supposed 100,000 do you think claimed more than $100 in charges? I'm guessing a very large percentage of these people claimed barely anything compared to the higher of us. (I shudder to think if $750 isn't one of the higher numbers) I'd be willing to guess that almost 15-20% of the claims are either entered incorrectly, or are for a number less than $100, and may be disregarded entirely. Pro- rata is in proportion to your verified claim amount. If everyone gets 10% back, I'd get $75. That would suck. But that 10% means that the "100,000" people claimed a total of about 65 million dollars, or $650 a piece. I can't imagine the number is that high. I'm guessing it's something more like $200 per person average.

#151 Victoria 2011-09-12 17:38

I understand that a lawyer would not profit from anything to get them convicted, but what of the prosecutor, Why hasn't he done his job? If we are not going to get our money back in our lifetime anyway. I would at the least see them convicted and punished so that it does not become a profitable practice, instead they are coming out ahead with no incentive to change what they are doing.They should make full restitution and be on probation where they are watched or face jail, anything less is not acceptable.

#150 Brad and Sue 2011-09-12 14:08

the world is about civil suites, lawyers, doctors, hospitals and going after their insurace! we would love to have what money just 5/3 took from us much less any over draft settlement?! All i can say is that the lawyers will see our money before we will if ever!

#149 Victoria 2011-09-12 13:05

How is what 5th 3rd did to us any different than embezzlement? ( the act of dishonestly appropriating or secreting assets by one or more individuals to whom such assets have been entrusted) why have they not been charged with a crime? If you or I or our little organization,re arranged figures in the books of our employers with the intent of putting money in our own pocket taking it from them and were caught what would happen to us?

#148 Steve 2011-09-10 19:54

Yeah sjack shut yo azz up with the bull, I'm tired of you and bobs azz. you mothers with money can say that type of chit , you don't have to worry about your lights getting cut off, the water bill or none of that stuff. but let yo azz get taken or even 53rd and you on the phone calling the law screw 53rd their some lousy bastards and they need a wake up call and if you don't like it screw u 2, now put that in your pipe and smoke it prick u damn rioht I'm upset because of the set back they've put me in for all I know you are 1 of the lawyers, again it's my money and I want it now.

#147 Victoria 2011-09-10 17:07

I am upset with 5th 3rd because they stole from us in the first place. I was not expecting to be robed by a bank. On the other hand when it comes to lawyers it is the nature of the beast. If I pet a rattlesnake I expect to get bit. How ever I do believe their share should have been no more than 1/3 of what they got for us, should not be able to cash their check before we do, and what is in escrow should earn interest for us. I have learned that the banks can not be trusted either and apparently when they rob someone they do not go to jail. This is just one of many scams they are caught up in.

#146 sjack 2011-09-09 12:50

Why is everyone so mad at 53rd when it's the lawyers who are really f'ing us over? 53rd has already *paid* the settlement (which has been approved). It's the lawyers who agreed to this paltry amount and it's the lawyers who have negotiated the settlement. We won't get anything for a long time because by the time they hear all of the objections years will have passed and the lawyers will probably ask for more money.

#145 Laura 2011-09-09 10:11

I just don't understand. Why is it being held in ESCROW? Bastards... this is just stupid. It's our friggin money... They play games, like many MANY banks do and since they've been found to be guilty of doing this, what gives them the right to hold on to money that is legally NOT THEIRS?? I just don;'t get it at all!!

#144 Victoria 2011-09-08 03:55

The more of a nuisance we are the better as for the judge if he was not on drugs maybe we should help him find a need for them. I also agree that anyone still has an account with 5th 3rd needs to rethink that unless you like watching your money disappear. There are other alternatives. I am all for finding as many ways to be a nuisance to them the better. How about flooding them with emails and find a way to text them. A motivator is consider 5th 3rd is paying their employees for their time, so the more often we waste their time the better, it is on their dime. likely the dimes they stole from us. Fridays are busy for banks so really pester them then.

#143 Steve 2011-09-07 17:46

Have the judge been drug tested that ruled over the 53rd case, if so then hear this IT'S My Money and I want it now!

#142 Me 2011-09-07 16:38

I say lets get together all 100,000 in the settlement and call these offices/bank every day and bug them. I've called them a few times and find they are getting very annoyed with all the calling. Then spread the word about 5th3rd to anyone and everyone that will listen. BUT what gets me the most is that there are people in this chat forum that still have accounts with 5th3rd. Wake up people and get your $$ out of this bank! They will never change their practices!!!! I say CALL CALL CALL and bug the $^@$% out of them.

#141 Victoria 2011-09-07 16:28

You want to know what leverage the lawyers used to make their money on this case? It was us the number of people that joined in the lawsuit. Problem was they were in the business of making money for themselves and could care less how we fared.We still have the leverage of numbers.They have not paid us anything back and it does not look like they ever will. Shall we use our leverage to get our money back ? We need to join forces to do that.

#140 Victoria 2011-09-07 13:20

This thing with the bank may seem hard to take on .It reminds me of the bully who wanted to beat me up on the playground when I was a little girl. A big boy pined me down and was hitting me, I put poison ivy down his pants. Guess who won that fight and he didn't come back for a 2nd round either. Growing up I was little,a girl with red hair that made me stand out like a target, I found that my best advantage was to figure out what the enemy would least want me to do,and do it. What is it, if I was a bank, I would not want my customers to do? There are many more minds out there to tackle this bully. If a 6 year old can come up with a way to win. What can 100,000 adults with years of life experience think up. There are many approaches to one problem its figuring out the most effective and efficient. Any ideas out there.

#139 Victoria 2011-09-07 12:52

We are being strung along with hopes of getting a fraction of the money back that 5th 3rd stole from us and may never see .They profit more by holding on to it and the coin amount has less value (inflation) I would like my money back too but we have little leverage to get it. In the 60's we would have picketed the branches for unfair practices.I wish I still had the energy I did in the day. Lets put our heads together collectively so we can collect, or at least put a stop to their laughter at how they can abuse the legal system to put the screws to us. In their eyes we are nothing but with out customers they have no business. So where should our focus be. We can wine on this little blog or we can come up with a way to full scale belly ache so everyone knows what 5th3rd is about. That could impact their business. One way to make them call uncle is if it cost them more not to pay up and make us go away. Are you angry enough to be a thorn in their side.

#138 Tim R. 2011-09-03 17:35

http://www.law360.com/cases/4d3194665495b514b000002e/dockets I would say, though I am not a lawyer (thank god), that the case has been appealed by the objectors. Good luck to everyone and god bless our judicial system (he says sarcastically)

#137 Stone 2011-09-03 12:58

I personally left 5/3 years ago right after it all happened. Of course just about every bank is the same way - they all suck in one way or another. Every one I have seen has a stupid policy in some way to rack up fees if you are not careful. But what can you do - well cash your check at Wal-Mart maybe.....:). Which I do sometimes. I think these days just get a pre-paid card and cash your check at your grocery store or Wal Mart and avoid banks all together....:)

#136 Steve 2011-09-02 20:40

So, To all the people that belonged to fifth third as customers before all the bull hit the fan are you going to take this. you, you , you well if not then don't just sit there do something about it . here we are just waiting on the culprit to give us what's well due to us, I've talked and complain about it's my money and I want it now! but on the real though are we going to set here and do nothing. I really think we as a people can and will make a change if we step up to the plate. Remember, THE SQUEAKY WHEEL GETS THE OIL, it's a known fact.

#135 Traci 2011-09-02 20:14

They are crooks for sure. I had 60 dollars in my checking I went to the resale shop and spent 40 dollars using my debit card when I got home I noticed she overcharged me so I went back she swiped my card for the right amount of 32 and then swiped it again for a credit of 40. Well what do ya know the 2 debits came out that day which put my account in the negative the credit didnt hit until 2 days later. Of course I had 2 checks go thru too, one for 6 and one for 10. In the end I was negative 300 dollars in my account. Should I have to pay that,, No I did nothing wrong.

#134 Sarah 2011-09-02 17:11

..just spoke to someone familiar with one of the individuals involved in this case. turns out, payments will probably not be issued this calendar year, and may not be issued at all. evidently the payment will be held in escrow and not released until a heap of minor issues are settled; meaning, in effect, the money stays with the attorneys and 5/3. the legal matters could, realistically take so long to sort out, numerous claims will be nullified and only a fraction of people will get very small payments.

#133 Steve 2011-09-01 18:19

Hmmmm the way things are going now, 5/3rd and it;s employees may want to take a trip to marthas vineyard. people are tired of waiting for their doggone money, you know it;s hard out here in these streets and so many people are very, very upset with this entire crap. PAY UP 5/3rd it's my monry and I want it now!

#132 Stone 2011-09-01 11:10

Way to stay positive Phyllis.....:). No you are right - class action lawsuits take years to finish usually - up to 10-12 years on complex ones. That being said this is a rather easy one because 5/3 agreed to settle so early (and why wouldn't they - they come out smelling like a rose and only had to refund pennies of what they really charged their customers)..... so we might get something back on this one pretty soon.....

#131 phyllis johnson 2011-09-01 08:03

Ok, everybody, we BETTER NOT HOLD OUR BREATH! Probley be a cold day in hell,before we ever see anything!!

#130 Rerginald 2011-08-30 04:00

This is the main reason why I make disputes. There has only been a couple of times I haven't gotten my money back but /I had an account with 53rd bank last year and I closed my account and a check I had reported as fraud opened my account back up and I wasn't going to pay for some check that I didn't submit myself. I ended up having to pay 339 dollars. I really hope that we receive the settlement checks soon and they will be giving up three times what the bank took from us because that would help out big time. I have a mortgage to pay damn it!

#129 Steve 2011-08-29 07:30

I agree with Victoria I am going to tell the world about 5/3rds cruel ways and their practices, they suck and the attorneys do too. like victoria said get the word out let them feel how bad it hurts when people are losing there homes and can't feed their children because of a lack of dividends. Again it's My Money and I want it now!

#128 Victoria 2011-08-28 13:31

Just a thought, there are 100,000 pissed off people in this law suit if each one of these people got 10 friends or family members to leave 5th 3rd and put their money else where would this have an impact. That could be a start. And to let the reasons be heard and spread. Let them lose money instead of gain money taking advantage of people seems to me a better deturient than what the justice (I use this term loosely) system is willing to do.

#127 Victoria 2011-08-28 13:01

The fact that 5th 3rd is still stealing money from people using the same method shows how profitable it is for them. That they came out ahead and like this game. Leaves you with a question does crime pay? Apparently for them it does. The 1st thing we to do at this point is get the word out. People who do business with them are suckers. Take their customers away and they have less people to screw over. We do have the internet. We can wine about our losses or we can go after their business. Put our heads together why should they have the last laugh. We do not live in a fair world where the bad guy always gets caught. That my friends is a myth.,but we don't have to take it . There are more ways to go about it and making there shameful practices public are a start.

#126 Laura 2011-08-27 21:24

IF I have read the update correctly, 5/3 has until tomorrow (8/28) to file an appeal. If an appeal is not filed, payouts are to be mailed within 90 days (11/27).

#125 Tim R 2011-08-27 11:07

Class-action lawsuits are not about justice, or even fairness -- they are a huge money-making scam for lawyers. Speaking of the obvious, as we were, THAT is about as plain (and as painful) as at gets. You see, if you've got a good lobby in D.C. (like the banks most assuredly do) then it's not a crime, it's just good business. What's the old joke about a boat full of lawyers just sinking? Throw bankers into the mix and we can all have a party.

#124 Me 2011-08-27 10:31

I think 3M is a little steep for lawyer fees. I think there was some deep pockets between the judge and the lawyers in this case. There is alot of people who lost tons of money to 5/3 and the totally sad thing about it is they are still doing it to this day and getting away with it. I can see why people are so upset and this forum is for venting their anger so I understand why Kris L. was shouting (it won't get them anywhere but some people need to vent). I don't look for a settlement until next year sometime.

#123 Stone 2011-08-26 12:50

Exactly Sam - it did say on the first documents that they lawyers would be able to get up to 1/3 of the settlement amount and it is standard on class action lawsuits. They take the risk in case it is denied they don't receive a dime. So while it is a bit unfair it isn't unexpected at all. It is too bad they couldn't have pushed 5/3 for more money in the settlement though. $9.5 million sounds like a lot but it really isn't compared to what they made over the 10 years of this practice. Finally lets not SCREAM HERE (all caps) - we are all friends - just asking questions and finding out other people's stories. We are all short changed by 5/3 but at least hopefully - sometime in this century - we will get at least something back. It is better than nothing.

#122 Sam 2011-08-26 09:33

Kris, you said you made a claim for $4,000. "My claim was for $4,000..." Stone is correct; if you made a claim for $4,000 and that was not all within a 45-day period, you are likely to get only a tiny fraction of that, or nothing. Also, 1/3 of the settlement amount is a standard attorney fee across the county. I don't like it, either, but it's no different than any other settlement.

#121 Kris L 2011-08-26 09:28

FIRST OF ALL LET ME CLARIFY THAT I DID NOT STATE THEY TOOK ME FOR $4000 IN A 45 DAY PERIOD!!! I WAS TAKEN FOR $4000 IN A 2 1/2 YR PERIOD!!! WE ARE ALL PISSED THAT THE LAWYERS ARE GETTING OVER $3M OF OUR $$ WHERE IS THE JUSTICE IN THAT??? NO ONE IS GETTING THEIR $$ ANYTIME SOON BECAUSE PEOPLE HAVE FILED MOTIONS AGAINST THIS SETTLEMENT ON JULY 29TH ALREADY SO DON'T LOOK FOR ANYTHING FOR AT LEAST A YEAR!!

#120 Sam 2011-08-26 07:12

I think the limits in both amount and time period are probably due to the fact that, as described on page 27 of the Judge's ruling, we all signed a document when we opened our accounts that gave 5/3 permission to do the re-ordering. The court has found that they shouldn't have required that of us (it was probably in fine print somewhere), but still, our signatures have to mean something. S alvador is right about the 45-day period. I also think there is confusion about what we could claim. Many people seem to think that all overdraft charges can be claimed, but it is only those overdraft charges that resulted from reordering that can be claimed. So if you just had an overdraft one day on one charge, you can't claim that. But if they put a $100 charge before a $40 charge and caused you to get two overdraft charges, then you can claim one overdraft charge. Ther e's no way anyone got anywhere near $4,000 in legitimate claims.

#119 Stone 2011-08-25 22:44

Well said Salvador. A lot of people jump on the "bandwagon" and don't even have a clue. The rules are strange and may not be fair to us but those are the rules we were suppose to go by. It didn't say a word about how much were you charged total. It said in any 45 day period of your choice how much did you incur? Pretty simple really. So hopefully yes the court or lawers are able to sort out the ones that listed a figure way too large to be true ($4,000 in 45 days for example) - and exclude them from the lawsuit or give them a small amount back. The people that actually did "play by the rules" and list just what the rules said - the 45 day period should get a decent refund hopefully.

#118 Salvador 2011-08-25 16:20

Everyone who follows this suit is evidently very ill-informed. There are a few basic pieces of information that everyone involved in this should have easily known. You select the 45-day period for which you incurred the most overdrafts. The arbitrary nature of this 45-day period is strange and seemingly beyond logic, but that was a stipulation of the settlement. If you claimed amounts outside of a single 45 day period, you will most likely be excluded from the suit, or a smaller amount will be determined. I am so utterly shocked at the lack of understanding that people have about this settlement; all the information needed is there, plain as day. There are guidelines and numbers which can answer all questions, so nothing should be confusing about this. The only thing worth questioning is the rationale BEHIND the amounts and guidelines --- those are a bit ridiculous, if you ask me. But everything else is terribly clear.

#117 Ang 2011-08-25 09:45

I made a call today, to see if they had any info on when the checks would start being issued. They had NO CLUE! Morans!! !!!!

#116 Paula 2011-08-24 12:46

The form did not allow you to put in more than one 45 day period-- so it was limited to establishing you as a member of the class. I am confused by the "up to three times the number of overdraft fees" as the payment you could receive. Since I was not able to put in all of the overdraft charges over all that time, the payment is likely to be just a nominal amount. Most people covered by the class did not have multiple overdrafts in one 45 day period, but rather got caught by 5/3's policy numerous times over the several years. So the "settlement" does not accurately address the actual damages we each suffered. By the way, 5/3 is still paying the highes check first, and charging excessive overdraft fees. I though the court ordered them to stop doing this? Can someone let the court know?

#115 Laura 2011-08-23 23:13

The 45 days is based on the period you chose when you filed to be attached to this class action.

#114 Kris L 2011-08-23 13:31

So it says they will pay for NSF's during a 45 day period....SO what determines which 45 day period they are going to pay??? I had an account for 2 1/2 yrs with them and this was the norm for them to NSF my account!!! They owe me alot more than $60, my claim was for $4,000 and yes that is less then they actually took me for!!!! SAD the worthless lawyers get over $3M of our money!

#113 Steve 2011-08-22 21:30

WE WANT OUR MONEY, WE WANT OUR MONEY, WE WANT OUR MONEY, WE WANT OUR MONEY.

#112 voice of reason 2011-08-22 20:33

I lost money as well. In this case I would like to point out the fact that since final approval has been made any attempt at this point would further delay the process. I don’t believe it was fair the amount the attorneys took nor the amount settled for, but at this point it also wouldn’t be fair to let this situation drag on and on either. I was robbed in total of $ 495 plus a negative mark on my credit because of 5/3 because I refused to pay anymore but I don’t expect a windfall. As for the comment’s about fighting I think at this point you would be betting the farm and by the time you get done you would be owing them. The only thing you would have done is delayed the rest of us who just want something done from getting anything at all.

#111 Stone 2011-08-22 15:38

WOW - I am just curious and not questioning anyone or anything - but I see a couple people mention they have claims of $1000, $2000, or more. Wasn't this just how much you "racked up" over a 45 day period? Because I thought mine was horrible because I was around $450 in said largest 45 day period. Over the life of the account I am sure I probably was well over $1000 but my largest 45 day period was about $450 - so I am just curious - is the $2000 claim for just 45 days? And if so maybe I am not quite as bad as I thought? :). Anyway hopefully we do get more than $60 dollars - they said that might be an average but it should be based on if you had say 1 overdraft you get $15 back, 2 gets $30, etc etc so the people that were stung worse get at least more of something back. Again like I said I am not questioning anyone - most banks practices as a whole are out to get anyone if they are not careful.

#110 Laura 2011-08-22 11:41

I'm with C.. My claims were well over $2000!!! It was a domino effect of over and over and over again.. with ZERO reprieve from 53! and to only get back $60?!! WTF.. maybe I should sue the damn lawyers!!!

#109 53 sucks 2011-08-20 14:56

I'm clueless with the law. Does anyone know if we have grounds to now go back and appeal the amount? If we do then we only have a little over a week left to do so. When we all heard about this settlement the amount was already ruled on and I was really shocked that that many people filed claims but really shouldn't have been surprised.

#108 Steve 2011-08-19 19:44

We want our money, We want our money, We need our money, Don't you,,,

#107 C 2011-08-17 09:28

I agree with E, Victoria and Steve. I sent an email yesterday to one of the law firms. Telling him that the main concern of the blogs i've been reading and writing on is that this judgement isn't fair! They owe me over $1k, and I may get back $60. Thieves! They made millions on top of millions over the last 6 yrs, and we are settling for a minimal amount of $6 million between 100,000 claimants. We need to fight for what's right! They owe me more money, as I'm sure they do to other's, what's fair is fair!! Please, send your concerns by email to these attorneys before the 30 days are up, it's imperative.

#106 Mad As Hell 2011-08-16 09:51

So.... I sent in my required information ( MONTHS AGO like everybody else who was fortunate enough to even catch wind of the lawsuit ) funny they know exactly WHO got screwed but yet WE ALL had to do all the leg work for them?? Umm ok.... Needless to say I haven’t heard a word from 53 is there anyway to know if your even eligible to see any $$$ ??

#105 pmiller 2011-08-11 13:09

BOB AN KEN MUST HAVE MONEY TO SPARE REGARDLESS THE FACT IS 53 IS TRYING TO GET OVER. AND SOME OF US DO MANAGE OUR ACCOUNT THAT'S WHY YOU NOTICE THINGS ARE NOT RIGHT NO ONE WANTS TO GIVE AWAY FREE MONEY. AND IF YOU'LL DON'T WANT YOUR MONEY THEN SO BE IT BUT DON'T KNOCK THE REST OF US YOU DON'T KNOW PPL SITUATIONS. SNOT NOSE SNOBS GET A LIFE!

#104 Steve 2011-08-09 22:28

P, S, It's my money and I want it now!

#103 Steve 2011-08-09 22:20

I totally agree with victoria, I beleive the word she's looking for is ponzi scheme. 53rd and it's criminal actions needs awake up call, so just what are we The people of the United States going to do hey! I know " COMMERCIAL" showing people just what there doing, I mean take michele for example she didn't know anything about the law suit, I wonder would the roaches run and hide if they where under the microscope you know roaches run when the lights are turned on.

#102 michele 2011-08-08 23:53

why am i just now hearing about this? i was never notified of anything or a class action law suit. I read the news about bank of america and knew my bank pulled the same crap and googled this. If you didnt get in, your screwed?

#101 Victoria 2011-08-08 15:22

Was part of the deal for this, that criminal action would not be taken? I think that the individual bankers party to this should be in jail, and their personal property should be sold off to make restitution. They should be made accountable.I cut my ties with 5th 3rd when they did this to me. I am thinking of putting my banking all in the credit union and stay away from banks. If everyone did that it would let them know we don't have to put up with their dishonesty, we have other options and creditability is important when it comes to our money. The credit union I have in mind is owned by its customers. yes I too am sick of the lousy self serving job congress has done. They too need to be more accountable. I was not hoping for a windfall I just wanted the money they took from me and the interest it would have earned. They should not profit from their crimes. Attention should be drawn to anyone involved with this who had the opportunity and did not do the right thing. We have facebook if nothing else.

#100 E 2011-08-06 14:07

Why doesn't the ATTORNEY involve in the class action suit inform the claimants when and what will the claimants get. After all he is getting 3 million, so he should do something for it. At least you should get at least get the amount of your claim. This happens because CONGRESS provides a RUBBER STAMP for BANKS to commit FRAUD and THEFT. People, keep re-electing the CROOKS to congress.

#99 Victoria 2011-08-06 14:03

what really stinks is that they took money from us in an unethicial way. Used it to make a profit then are punished by having to return a fraction of the amount they took. They probably earned more interest off us than they have to give us back total. If one of us did that would we not be in jail. They must be above the law. This is why I don't trust banks.fere

#98 E-Mart 2011-08-06 13:58

It;s reduce because the JUDGE and the Attorneys took some CASH on the side.

#97 Lewis 2011-08-04 13:11

Joanne, It could actually take 120 days (30 days past the ruling is the Effective Date, then checks may be mailed within 90 days of that date). There is never a guarantee with the amount of money, particularly with a class action suit. And it has been stated since the beginning that the payment issued will be figured by the total amount of money and the total number of claimants, then to be distributed proportionally (and not to exceed 3x the amount). So - there was always an upper limit on the amount of money to recoup, but never a minimum. So it goes.

#96 Joanne 2011-08-04 12:29

According to www.overdraftsettlement.com, Final Approval was granted on July 29th, 2011, and that it could take up to 90 days to receive your check. There was also some legal mumbo jumbo which implied that there is still room for appeals. Can anyone decipher this? Also, I don't understand why we wouldn't at least get back the original amount that was taken. When the lawsuit was initiated there was no indication that the amount might be reduced. If I had known that was the case, I would have opted out and sued at a later date. Anyone out there with a law background that can clarify the previously posted comments?

#95 mim 2011-08-02 10:01

FYI National City/PNC has similiar case http://www.topclassactions.com/lawsuit-settlements/lawsuit-news/1101-national-city-bank-pnc-overdraft-fee-class-action-settlement-

#94 Linda 2011-08-01 22:16

I e-mail the website after the ruling to see if they would give me any info on my claim and they sent this today Dear Claimant, Thank you for your inquiry. On March 16, 2011, the United States District Court for the Northern District of Illinois held a fairness hearing to consider whether to give final approval to the Settlement. The matter was taken under advisement. Further updates will be posted on the website at www.overdraftsettlement.com as they become available. As of today there has been no ruling. Payments will be mailed to Settlement Class Members who submit valid and timely Claim Forms after the Court grants “final approval” to the settlement and after any appeals are resolved. It is uncertain when any appeals made will be resolved, and resolving them can take time. Please be patient. Until final approval is granted by the Judge, no payments can be issued. Regards, Office of the Settlement Administrator Hmmmmmmmmmmmm mm !!

#93 Tim R 2011-08-01 16:23

Looking forward to buying a pair of socks with my share of the settlement. Whoopee! >:o

#92 Linda 2011-08-01 13:23

This is listed on the website under settlement benefits If the total amount needed to pay valid claims exceeds funds available in the Settlement Fund, each Settlement Class Member’s payment will be reduced and paid in proportion to all Settlement Class Members’ payments. Yo u are right Ulysses!! I never noticed this listed before. Well the lawyers get the money again and we get screwed thats the american way.........

#91 suzan 2011-08-01 08:35

Well all that for an average of $60. Really glad I didn't count on that money. The lawyers cut is obscene and the fact that we won't even get back what was taken from us in the first place is criminal. Our justice system is broken; it exists only to serve itself and the people (lawyers) who work in it.

#90 Ulysses 2011-07-31 16:40

Yes, the amounts received with be different, based on a pro rata system. But that still means small amounts... For example, if the average claim is $180, you would probably get about $60. If your claim was $30, expect $10 back... if your claim was $360, expect a little over 100 back... It's wishful thinking to expect anything more than a fraction of your claim back. *Note the fact that 100,000 people will be splitting a little over 6 million dollars. Even if your claim was high, there is just not that much money to go around to so many individuals. It's really very simple; you're getting money back, but certainly much less than you lost in the first place.

#89 Stone 2011-07-31 15:26

Do you all think you will at least get your original claim amounts back - doesn't look like 3x that amount huh?

#88 Kris 2011-07-31 07:47

Judge approves attorney fees of $3,166,666.00 AMAZING!!!

#87 Kris 2011-07-31 07:39

But lets not forget that the claim could be 3X your initial claim!!! lol :)

#86 Linda 2011-07-30 20:45

and to all of us that have been waiting to receive our money back remember that the settlement was not intended to distribute it evenly to the class members but according to our claims that we filed and all our amounts are different some smaller and some larger the court documents clearly state this for a 45 day period......... :-D

#85 Linda 2011-07-30 20:00

The incentive awards of $1000 each is a bonus not the total amount they recieved......B onus Method - The first method is for named plaintiffs to receive a share of the monetary class fund like any other class member and then receive a separate cash bonus payment for serving as a named plaintiff. The Bonus Method analysis typically looks at the effort, risk and benefits to the class provided by the class representatives ...

#84 Jordan 2011-07-30 14:44

I agree. I just clicked on the court documents from the overdraft settlement page & it was a lot to read but doesn't sound good. Attorneys got a huge chunk out of this & for the two named parties to only get awarded 1K each was a sure sign. I also read 100,000 people submitted claims .

#83 Ulysses 2011-07-30 14:03

I read the judgment from the court; then did some fairly quick and rough math... If the amount of the settlement were to be distributed evenly among all those who filed claims (forget the pro rata stipulation for a minute) each individual would receive approximately $60.00. I hope nobody expected a windfall from this settlement; at best you'll receive a free trip to the grocery store, or possibly your monthly electric bill cost. Nobody's making anything off this, apart from the attorneys at something like $446/hour. At least the named parties both received incentive payments of a grand. Spend your money wisely, folks, because there ain't much of it to spend.

#82 Linda 2011-07-29 20:32

July 29, 2011 00:00 Entere d Judgment Docum ent: 125 ENTERED JUDGMENT Signed by the Deputy Clerk on 7/29/2011. Notices Mailed by Judge's Staff (tbk, ) (Entered: 07/29/2011) This info was on law360.com today Finally! !!!!!!!!!!!!!!! !!!!!!!!!!!!!!!

#81 Steve 2011-07-29 18:33

Again, it's my MONEY and I want it now!

#80 Kris 2011-07-29 14:37

YIPPEEEEE I JUST CALLED BARNOW & ASSOCIATES IN CHICAGO AND HE STATED THAT "THE JUDGE GAVE FINAL APPROVAL THIS MORNING 7/29/11 AND THEY ARE SENDING OUT THE PAYMENTS IN 30 DAYS AND WE SHOULD HAVE THEM IN THE BEGINNING OF SEPT"!!!!! ABOUT FRIGGING TIME!!!

#79 Steve 2011-07-28 22:35

I wonder just how do the employees sleep every night knowin that they've screwed people over something fierce, you all need to be "ASHAME" of yourselves, low down dirty cowards you all need a taste of your on meds, you all are Tyros and have no idea how you have hurt people remember these words what goes around comes around,

#78 Tim R 2011-07-28 19:50

Near future -- hmmmmm... ;-)

#77 Kris 2011-07-28 18:55

They have finally updated the Fifth Third Overdraft Settlement website!!! I guess they are getting tired of everyone calling the courthouse..lol

#76 Steve 2011-07-27 19:08

And for our last Contestant " Fifth third " come on down to the new you owe people pay up show" Starring you Fifth third. here's the question when will the judge sign the final papers, so we can get our frigging money!

#75 Laura 2011-07-27 09:01

Oh come on already!!!! If this was me owing them money, you can bet your arse they'd be all over me trying to get it back..

#74 Still flabbergasted 2011-07-26 11:34

Anyone have ANY positive news yet?? ..this is so frustrating. If the Show were on other other foot....

#73 Joy 2011-07-24 07:33

Bob, one question. Does your care giver know that you are playing on the computer all by yourself?

#72 C 2011-07-22 11:16

Mim and Tim, I got the same darn message too! Several times. When I sent emails to them requiring more info than that, they got snotty with me. I'm sick of the same msg for the last 4 months. I want my money now!!! The Judge will be back on Monday. We need the lawyers to call him up and ask him to push this along, hurry up already. This is ridiculous. I spoke to an attorney last week that said that he believes the Judge will rule in our favor soon. He doesn't forsee any issues. If there aren't any appeals, we should have our money in 2-3 months. If there are any appeals, it could take another yr and a half. I hope the bank takes the offer and settles.

#71 tim 2011-07-21 12:17

Yeah they sent me that same damn message too...:-[

#70 Steve 2011-07-20 22:57

Hey! Fifth Third I don't beleive you heard me I said It's my money and I want it now!

#69 Amy 2011-07-20 19:38

I am responding to MIM I can't believe that they sent you that e-mail especially since it's almost the same message as the one thats on there web page that we open up every time were hoping for good news!!!!!!!!!!! !!!!!!!!!

#68 Mim 2011-07-20 12:22

This is the reply that I received today SOS: Dear Claimant, Th ank you for your inquiry. On March 16, 2011, the United States District Court for the Northern District of Illinois held a fairness hearing to consider whether to give final approval to the Settlement. The matter was taken under advisement. Further updates will be posted on the website at www.overdraftsettlement.com as they become available. As of today there has been no ruling. Paym ents will be mailed to Settlement Class Members who submit valid and timely Claim Forms after the Court grants “final approval” to the settlement and after any appeals are resolved. It is uncertain when any appeals made will be resolved, and resolving them can take time. Please be patient. Until final approval is granted by the Judge, no payments can be issued. Rega rds, Office of the Settlement Administrator

#67 Steve 2011-07-18 22:46

It's my money and I want it now!

#66 Linda 2011-07-18 10:22

I found some legal info that class action lawsuits take years to settle this case was filed in Oct. 2009 I am hoping that as we get close to the 2yr time period that it will be settled all we can do is wait :\

#65 Gink 2011-07-12 22:06

Gotta love Bob the knob and what's his name. The ding bat also probably never worked a real job one day of there lives. Idiots, do they really think the thousands of people would all have the same complaint. 5-3 should be embarrassed or not allowed to call themselves American or human. These morons must not have noticed all the banks are in hot water over this. The last bit of info doing research was 5-3 hired new ambulance chasers. Believe it or not, they dinged the lawyers saying it was worded wrong. Don't count or spend a penny of the money we will never get. I am sure there were some late night bar meetings and envelopes given to key people under the table.

#64 Tinya 2011-07-12 12:57

I just spoke with a representative at the law firm of Ben Barnow, Barnow and Associates, P.C., of Chicago, Illinois, (312) 621-2000. He stated that they are waiting for the judge to make a decision and that there is no timeline for the judge to make a decision on settling the appeals.

#63 Lisa 2011-07-09 10:27

I heard July also but that was not to long after the deadline to file the claims. Sounds like there is now a delay due to other claimants getting their own attorney's which sucks because the last thing we need is more attorney's getting our money. They are suppose to pay up to 3 times the amount for each fee but I'm not counting on it. I just want to get back what I'm owed.

#62 victoria 2011-07-08 14:43

What motivation does the bank have to settle any time soon? It is not like they will be paying interest on what they took from us. On the other hand the longer they keep our money the more they will make on it. Wish the judge would tack on some late fees, and make them pay interest at the rate they do us. It is not like we are dealing with honest people, their unethical practices have proven that. Victoria

#61 Mim 2011-07-08 06:38

@ C I used the email address on the main website. info

overdraftsettlement.com

#60 Stone 2011-07-07 22:11

From post up above..... C makes this comment Monday, 16 May 2011 Rec'd a voice mail from an attorney of the Plaintiff, and he said that they may start to print and mail checks in July at the earliest. e-mail address info

overdraftsettlement.com

#59 C 2011-07-07 10:03

Mim what email address do you have to send your questions too? Jay where did you hear that we may be getting paid in July?? Thanks in Advance.

#58 C 2011-07-07 10:02

Attention, the Judge ruling on this case is Judge Dow and he will be out of the office June 20 through June 23, 2011, June 27, 2011 and June 28, 2011 and July 14, through July 22, 2011. So I'm sure since May 13th, he's had time to go over the appeals. It's been almost 2 months he's had to let this ppwk sit on his desk. Come on, and give us all our money so we can put it back into the economy. HAha....wrong blog. :P

#57 Jay 2011-07-06 22:42

Once again I've been charge illegal overdraft fee's. When I called the 800 # they directed me to the branch that I opened my account. The branch manager couldn't tell me a darn thing. He directed me to someone else and I have yet to hear from him or her. This is utterly ridiculous. I can't believe that they are still doing this. I was told that 5/3rd bank made over $18million just in overdraft fee's last year. I can believe it. Does anyone have any information on the payout.?I've heard July, but haven't seen nor heard of anyone getting funded.

#56 Lisa 2011-07-06 18:29

where can someone e-mail or call to find out what is going on? I submitted paperwork back in November and want to make sure they have it,

#55 Sandra 2011-07-06 15:54

Fifth Thired Bank is continuing to charge illegal overdraft fees. They arranged the the charges(Atem, Bank card, check card not in the proper orders tin order to charge you overdraft fees. Despite the Class action suit they continue to do this act. This just happen to me on 7/5/2011. When I told them they I was going to report them, thye just argue with you and refused to refund the fees to your account. Thay are charging overdraft fee for having overdraft fees. This is outrages.

#54 mim 2011-07-05 10:33

I emailed for an update. I was asked to give my clam number which I did not have. The person looked it up by my name and address. I submitted two claims (because I had two accounts there). I was told that they only received one claim which of course was for the account that I had for the shorter period. :-(

#53 C 2011-07-05 09:13

I'd like to know what the heck is taking so long! Can anyone find out? I've tried on my own, and not having any luck. I've called the lawyers, the judge, the website is not updated, well at least since May 2. The Judge was given 10 pages due by 5/13/2011 to submit a brief (or briefs) of no longer than 10 pages to address the argument raised at the fairness hearing by Objectors that it would be impossible for any class member to submit a claim in good faith on the basis of the settlement documents as they currently are written. The last dockets that were given to the to the judge was Jun 3, 2011 there are four objectors in this case Sharon Green, Michelle Keys, Amanda Ratliff, Verdel Ratliff and they all have there own group of lawyers this is what is delaying the final approval in this case. It's now July 5th. Can someone check into this case, as I am unable to find anything by calling or online? Thank you.:'(

#52 Victoria 2011-07-04 17:45

Thought there was a time limit for claims and objections?

#51 Linda 2011-07-03 11:41

Well there has been no more objections summited to the judge since 6/03 so I'm hoping he will rule in this case soon :-)

#50 Tim 2011-06-27 19:43

Thanks Linda...

#49 AMY 2011-06-26 15:38

I know were you all are coming from I to have been ripped off from fifth third and I think it,s bullshit that we have to wait so long for this settlement to go threw. If it was us that owed them money we would already be in court or worse!! Well good luck to you all!!!!!!!!!!!! !!

#48 Linda 2011-06-24 18:48

Hi Tim, The website that I find the latest info is law360.com also google Schulte v. Fifth third bank :)

#47 tim 2011-06-23 20:58

This message is for Linda, Where are you getting your information from because I have been searching?

#46 Lisa 2011-06-22 19:49

Hoping there will be no other appeals since it sounds like the only thing being disputed is the unfairness of how we 5/3 customers were given no way of providing our claims in a honest way unless we had save all our statements over a 5 yr period (yeah right) or we pd $5 for every statement older than 18 mo. I supplied what I could & asked they review all my dates since I knew that it happened periodically over those yr spans. I would hope with them trying to grow & keep a good public image that they will make this right soon :)

#45 Linda 2011-06-22 19:40

The last dockets that were given to the to the judge was Jun 3, 2011 there are four objectors in this case Sharon Green, Michelle Keys, Amanda Ratliff, Verdel Ratliff and they all have there own group of lawyers this is what is delaying the final approval in this case who are these people that would object to getting some of there money back ??

#44 C 2011-06-22 10:12

The Judge has had March, and May to rule on this case. He's dragging his feet, and probably because he only works 3 days per week. "Plaintiff and Defendant are given until 5/13/2011 to file a brief (or briefs) of no longer than 10 pages to address the argument raised at the fairness hearing by counsel for Objectors Keye s and Ratliff that it would be impossible for any class member to submit a claim in good faith on the basis of the settlement documents as they currently are written.". It's been over a month now, this Judge needs to make a ruling on this case ASAP. This is money that was stolen from me from 2004-2007, I left Fifth Third cause of this crap. They owe me my money, and all other claimants. This is BS!! Someone needs to talk to the lawyers or Judge to find out why it's taking so long. I need this money ASAP, as others do from their comments on this blog. >:o

#43 Kris 2011-06-20 16:01

I emailed the attorneys on 6/4 and their response was "the court has not granted final approval yet and that checks will be issued once court grants final approval and after any appeals are resolved." Translation folks: don't hold your breath we will not see anyhing until next year. These things take time and they will exhaust all legal options to delay payment of this money.

#42 nathen 2011-06-20 11:05

if anyone hears any more about the disbusment of funds from the lawsuit please post as soon as you hear. im sure im not the only one who would really appreciate it, thanks.

#41 wait 2011-06-18 10:04

Has anyone found out new information regrading how long the wait is going to be?

#40 Jeff 2011-06-17 09:03

Bob quit brown nosing a company that cares more about robbing people in the daylight and less about keeping shit off your nose. I made a paycheck deposit on a a Thurs morning at 10am, asked the teller when it would be available for use with my debit card, they said the " next business day " This was not a holiday weekend and I didn't use my card until the following Tuesday night past 11pm. So why did I get charged overdraft fees for this? I still have the receipts of deposit for this and the very teller who told me "it would be available the next business day" told me "If you paid attention to the terms of agreement of your statement, that every person is required to read and sign, then you would not have been in this situation" How professional is that?

#39 nathan 2011-06-13 10:57

would really b nice to hear one thing or another about the suit. i know that when they want there money its right there for the taking but when we need our money they can take all the time they want. not very fair!!:-(

#38 w makes 2011-06-12 16:47

Does anyone have any further information related to the payouts for the class action suit or other related information to the case?

#37 C 2011-06-10 09:40

I think that they should take a median average of what all claimants paid in over drafts and divide the settlement equally among all claimants. Maybe a little more per person for time, penalty to Fifth Third, anxiety (cause most of us per the blogs are living payck to payck), and to keep them from doing this again. This over draft re-sequencing was the reason why I left Fifth Third, how can you bounce something when you have direct deposit?? I need my money sooner than later, though. And I'm sure all the other claimants as well, this should have been resolved in May.

#36 tami 2011-06-09 19:31

Continued from previous post: Look my mom died 4 years ago, and I have over $5000 in medical bills because of our $3000 family deductible. Th is is not my fault, it is the medical bill people, and fifth third. The medical bill people are first to blame by putting it through too early. I even told them that I was not and I repeat am not paying it now that I was going to call on that certain date to make the payment, and they didnt listen. They wouldnt correct their mistake, and fifth third didnt care to take it off either. I was telling the truth, and for telling the truth I get hurt, and made to suffer...

#35 tami 2011-06-09 19:30

My dam hospital bill. I called to let them know I will make a payment on a certain date. They put it through without my knowledge 2 weeks before I called to make the payment. My account was overdrawn by $50 only, but then I get hit with over $180 in fees. This happened previously also with another smaller bill place lying to me. What stinks with this, is that we were only able to submit a claim with the certain dates. The dates they said was in regards to my smaller overdraft, not the larger overdraft. Now I am out that larger amount. I wish they had looked at both amounts. Conti nued on other post

#34 E-Mart 2011-06-09 12:35

Fith 3rd Bank charge $287 dollars for a suppose 29 cents overdraft on an ATM cash in a foreign country. When, I came back 15 days after it was $100n already in fees. Try to talk to them that $100 dollars for a 29 cents was unreasonable. Was it possible to resolve this issue. . They said no and it would continue to accumulate should not pay immediatly. I did not pay and from $100 it went yp to $297 that's 1000 times the 29 cent overdraft as per their currency conversion. They kept calling at least 5 and sometimes more time a day to collect the money, they reposrted to check-mas and they refuse to stop calling over the phone. The Fith3rd bank manager's response was pay up or the calls will continue. They are an abusive organization and 9.5 million is a fraction of the damage and rip-off they have done to consumers.

#33 C 2011-06-09 10:04

It doesn't look like this is going to be settled anytime soon. I just went to the US District Court-Northern District of Illinois and it's not scheduled to for Judge Robert M Dow to offer his final judgement on this case. I also called one of the attorneys, Barnow and Assoc, and they secretary said that they judge hasn't ruled on the case and that they will update the website as soon as he does. www.overdraftsettlement.com. I don't like that website cause the last update was May 2nd. WTF??

#32 Joanne 2011-06-06 13:52

Hey Bob, Just because I live paycheck to paycheck does not mean that I don't balance my books. The agreement I have with 5/3 is that $100 is available as soon as a deposit is made. Well I made my deposit and then used my debit card 5 times, the total being $89. However, instead of crediting my deposit first and then deducting the purchases, they deducted the purchases before the credit and then charged me overdraft fees that completely wiped out my account. Do you seriously think that the court system would go through the time and trouble of a class action lawsuit if they thought 5/3 were not engaging in unfair business practices?

#31 tim 2011-06-06 01:35

regard : bob sanders 5-12-11 I wonder what branch bob works at ?

#30 Jim 2011-06-04 19:53

Thanks for your comment Ken when I first started to read it I thought there were two idiots like Bob. He is an idiot there's one in every crowd. Thanks for the observations like bailouts and stealing from the everyday guy, bravo..

#29 Linda 2011-06-04 18:18

Hi Sue, this info is from law360.com, it is the last docket they list

#28 Sue 2011-06-04 07:50

Linda, Can I find this filing to get a little more info? tried to find it, but could not. Thanks

#27 Linda 2011-06-03 21:47

June 03, 2011 00:00 Notice Document: 121 NOTICE by Michelle Keys, Amanda Ratliff, Verdel Ratliff Notice of Recent Developments in Further Support of Objections of Michelle Keyes, Amanda Ratliff, and Verdel Ratliff to Proposed Class Action Settlement (Attachments: # 1 Exhibit A - Part I, # 2 Exhibit A - Part II, # 3 Exhibit A - Part III)(Mahoney, Timothy) (Entered: 06/03/2011) Here is an update on the case they are still working on it in court

#26 Melissa 2011-06-03 09:40

I also have a claim with this company, but I haven't heard anything concerning the status of my payment. I actually wondered how many others were skeptical about this anyway. Does anyone have the phone number to post for this company so I can call them? I cant seem to locate the original documents that they sent to me months ago.

#25 mim 2011-06-02 13:49

any news?

#24 elena 2011-06-01 18:09

this bank doesn't allow me to pay the credit card bill on line. They said that I need a checking account with them. I'm out of the banking area , in another state so I can't do that. I paid by mail but I'll be late with the payment so they will charge me $35 fee. I never heard of this condition and their representative are rude. It sound like a scam..

#23 c 2011-06-01 09:28

Per email response from overdraftsettle ment.com on May 31, 2011: "Dear Claimant, Th ank you for your inquiry. We awaiting the Court's final approval to disburse payments. Re gards, Offic e of the Settlement Administrator" I want my $3K, NOW!!!:'(

#22 Larry B 2011-05-31 17:49

Things that make me go.......HUH? 53rd made mass money with that crap....I have two years of solid bank statements to prove it, I had to threaten to call the police when I went to close my account because they were trying to rip me off for $250.00 By the time I got back in the bank with my paper work ...they suddenly found it?????????? They were also a part of the bailout........ That was icing on the cake If you don't believe me I'll send you a copy of my bank statements to prove it...just ask!

#21 linda 2011-05-29 22:11

Last document date filed May 2, 2011 Plaintiff and defendant are given until 5/13/2011 to file a brief to address the argument rasied at the fairness hearing for the objectors..... this is why the judge has not given final approvel yet. I hope he will do it soon

#20 Jang 2011-05-29 14:46

I'm betting that for whatever reason I will not be getting my money. Either 5/3 will say I never sent my form in on time or that they never received it or that their records do not match mine. If i receive a check, awesome, if not, wasn't betting on it. you guys gotta remember it IS 5/3 after all.

#19 Tim R 2011-05-28 21:58

I contacted them using the email address on the website. I was told that there is nothing new regarding the status of the case. From my own online research, it appears that someone raised an objection during the fairness hearing of the 16th (something about difficulty in obtaining accurate records), and thus the delay. :-(

#18 Tom S 2011-05-28 21:46

Has everyone been getting emails with info? I made a claim, but now I am worried because I haven't heard anything back from them.

#17 linda 2011-05-27 20:14

I received an e-mail today from the settlement website and they told me that the judge has not approved the settlement yet...... : (

#16 Tom 2011-05-26 20:43

Um. I have to respond to Ms Smith's issue of 5/3 withholding Direct Deposits for days. I opened my 5/3 account a few days before they changed practices - 3/22/11 (they changed effective 3/25/11). My Direct Deposit was there 3/24/11 - right on time. Maybe it's because I live within an hours' drive of their home office...

#15 heather 2011-05-26 14:44

I wholeheartedly agree with Ken!

#14 Ken 2011-05-25 14:07

Bob makes a great point. I for one am sick and tired of people beating up on our great banks. Ok, sure they get a little greedy sometimes and bring our economy to the brink of destruction. Y es they have CEO’s that make tens of millions of dollars a year yet would rather jettison hundreds of lesser paid employees at the first sign of declining profits. So what if they stack our checks and debits in a manner that sets us up for over drafts fees. We need to stop thinking about our own petty concerns like food and shelter and try to see things from the perspective of CEO’s who are struggling to get by on 30 or 40 million year. You people are nothing more than closet socialist. We should all try to be more like our class act friend Bob. Right Bob? BTW Bob why are you here anyway; finical wizard that you are?

#13 Lori 2011-05-25 13:02

People do make mistakes with their checking accounts, the problem is the way 5/3 handles overdrafts. There was a time when I had 30.00 in my account and two separate checks out that hadn't cleared. One for 10.00 and another for 40.00. They both cleared on the same day, and 5/3 chose to pay the $40.00 one first and charge me with 2 overdraft fees. They could of paid the $10.00 one first (which there was enough in my account to pay this one) and charge me only 1 overdraft fee.

#12 C 2011-05-24 11:12

Emails back and forth with overdraftsettle ment.com says they are not finished going thru all of the claims yet, so they cannot give a figure or time to me.:'(

#11 Yvonne 2011-05-20 18:17

I've had a early direct deposits through my job. Went shopping and to have to check my account three days later to find that Every penny i've spent was Overdrafted and leaving with a 565.00 balance to clear on my next deposit was mortifying. 5/3 told me oh I cannot do anything about this and that they give a cusion so we can make payments even though our deposit was pending WTF... RIP off!!!

#10 Lisa 2011-05-17 09:37

Bob - I'm not denying that I mis-managed my account but just like so many others I live payday to payday & share an account with my spouse which makes it a challenge to keep up with all the transactions. My issue with 5/3 is they re-sequenced processing to benefit their selves and that is wrong. It wasn't right when there were times I should have been only charged 1 overdraft fee but due their policy 1 fee multiplied into several fees. Trust me banks thrive on this and they have made plenty of money on people like us who don't have extra income saved up to keep our accounts from becoming overdrawn & my suggestion from my bank was to open the Early/Access account which is nothing but a cash advance that kept me from going to one of those places & allowed me to borrow the money from 5/3 at the same outrageous interest fee as those other places so in the end they would still bank off of me!!

#9 Waiting 2011-05-16 23:01

I really hope it's in July because that money that was stolen from me from 5 3 will help a lot now...

#8 C 2011-05-16 09:26

Rec'd a voice mail from an attorney of the Plaintiff, and he said that they may start to print and mail checks in July at the earliest. :'(

#7 wayne billups 2011-05-15 01:32

I had gotten myself in trouble with early withdrawals. Then transitioned into a new job which went into legal lidigation. I won but it took sevaral weeks. At that same time the current job at which I am still employed, made a payroll error causeing me to not be paid for over three wks. Both payments came at the same time. I paid 5/3 all money owed with one early withdrawal set to be paid on time in two wks and left the money in.to cover payment. 24 hrs later my acct was overdrawn. They say it was a check. I never had checks and they could not produce one as proof. This acct has now ballooned to 700+ and climbing at no fault of mine. I submitted the forms for the class action law suit.sevaral months ago, and heard nothing. Collectors say if I pay this money I don't owe I will receive my due from settlement. BS I WILL NOT PAY WHAT I DONT OWE.

#6 Bob Sanders 2011-05-12 21:34

You guys are just trying to cash in money on mistakes that you made by not managing your accounts better. 5/3 Bank isn't doing anything that majority of the banks are doing. If you keep overdrawing your accounts than you don’t need banks account. Banks do not hold direct deposit your employers, social security or whenever you’re getting direct deposit tells banks when to deposit funds they also have a certain time which is usually between 7 pm and 8pm est. to send the bank notification of deposit before the banks can make a direct deposit available. If you want to file claims for overdraft fees than do the research yourself to get the information stop calling the banks or going to your financial center asking to have fee waives when it is your responsibility to know what’s in your account. Banks manage money but it is your responsibility to not spend what you don't have. The banks provide you with the resources to manage your accounts.

#5 Lisa 2011-05-07 09:56

They definitely didn't make it easy to provide documentation. I tried calling customer service to get dates that I had called in complaining about the way checks were processed causing multiple fees so I could know which months to order statements for & was told by the rep they couldn't supply this & I would need to go to my branch...no help there either & I didn't feel I should of had to pay $5 for each statement so I requested on my claim they review the entire claim period dates..will see.

#4 C 2011-05-05 09:50

Last week, I spoke to a secretary at one of the law firms representing the Plaintiff's, and she said that there is another court date for May 16th, 2011 for the answer to the Fairness Hearing that occurred on March 16, 2011. Come to find out, the Judge is off that day, so the legal secretary lied? Who knows when this will be resolved. They don't update the website, info line is useless, can't find any info online regarding this case/my claim/status/et c, and calling got me a wrong answer. This lawsuit is bs. "It's my money and I want it now!"....as we all do during these rough times.

#3 ROB 2011-04-27 23:38

I TOLD THOSE B^&*&STARDS THEY WERE GONNA GET THEIRS. THEY DID THAT EXACT SAME THING TO ME I JUST DIDNT HAVE THE MONEY TO HIRE A LAWYER THEY TOOK IT ALL.

#2 Barbara Smith 2011-04-08 17:34

I am the one that complained that what 5th third was doing to my account was illegal and they are continuing in a manner simular by holding direct deposits for days before allowing withdrawals. Lawyers get the bulk of the money in class action suits when it is the customer that suffers the bulk of the loss. I don't agree they should get millions and we get pennies!!!>:o

#1 Leroy Greer 2011-02-15 17:05

I was also a former customer,that was charged overdraft fees eight times.

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