Is Redstone Federal Credit Union Settlement Genuine? Find Out
Did you receive the Redstone Federal Credit Union settlement email? It is not a scam. You received the mail because you filed a claim.
In case you’ve forgotten, Redstone Federal Union has reached a settlement of $3.7 million to address allegations concerning the imposition of unjust overdraft and nonsufficient funds (NSF) fees.
Who Is Eligible For The Redstone Federal Credit Union
The settlement is designed to provide benefits to individuals who currently have or previously had a checking account with Redstone Federal Union and were subjected to an overdraft or nonsufficient funds (NSF) fee that was not refunded during the period from May 5, 2014, to July 1, 2021.
How Much Is The Settlement Redstone Federal Credit Union Settlement
While not acknowledging any fault, Redstone Federal has agreed to a settlement amounting to $3.7 million in order to resolve the class action lawsuit related to overdraft fees.
According to the terms of the settlement, class members have the opportunity to receive a monetary payment based on the total amount they were charged in eligible fees.
How To File A Claim
If you want to get a settlement payment. Make sure to fill out a valid claim form by Oct. 2, 2023. That’s the deadline, so don’t miss it!
If you are eligible for the claim click here to go to the settlement website.
Conclusion
In conclusion Leslie v. Redstone Federal Credit Union, Case No. 5:21-cv-01682-LCB, and Macon, et al. v. Redstone Federal Credit Union, Case No. 5:21-CV-01682-LCB, class action lawsuit is not a scam. Just like Greater New York mutual insurance, Redstone Federal Credit Union has reached a settlement of $3.7 million to address allegations concerning the imposition of unjust overdraft and nonsufficient funds (NSF) fees.
