Welcome to the Information Website for the Dasher v RBC Bank Overdraft Settlement

If You Paid Overdraft Fees to RBC Bank, You May Be Eligible for a Payment from a Class Action Settlement.

A $7.5 million Settlement has been reached in a class action about the order in which RBC Bank (USA) ("RBC"), posted Debit Card Transactions to customer Accounts, and the alleged effect the posting order had on the number of Overdraft Fees charged to Account Holders. The Settlement was reached with PNC Bank, N.A. ("PNC"), successor in interest to RBC after the two banks merged. PNC maintains that there was nothing wrong about the posting process used by RBC and that no laws were violated.

Current holders of PNC consumer checking accounts that were formerly RBC accounts and former holders of RBC consumer checking accounts may be eligible for a payment or Account credit from the Settlement Fund.

Your legal rights are affected whether you act or don't act. Read this Settlement Website carefully.


Summary of Your Legal Rights and Options in this Settlement
Receive a Payment or Account Credit If you are entitled under the Settlement to a payment or Account credit, you do not have to do anything to receive it. If the Court approves the Settlement and it becomes final and effective, and you remain in the Settlement Class, all Settlement Class Members whose Overdraft Fees were not paid due to a negative account balance at closing or were not refunded by the Bank will automatically receive a payment or Account credit.
Exclude Yourself from the Settlement Receive no benefit from the Settlement. This is the only option that allows you to retain your right to bring any other lawsuit against PNC about the claims in this case.
Object Write to the Court if you do not like the Settlement.
Go to a Hearing Ask to speak in Court about the fairness of the Settlement.
Do Nothing You will receive any payment or Account credit to which you are entitled and will give up your right to bring your own lawsuit against PNC about the claims in this case.