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 approved 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 did not have to do anything to receive it. The Court has approved the Settlement. If you did not exclude yourself and you are a Settlement Class Member whose Overdraft Fees were not paid due to a negative account balance at closing or were not refunded by the bank, you will automatically receive a payment or Account credit.
Exclude Yourself from the Settlement You could have chosen to exclude yourself from the Settlement, or “opt out.” Opting out means you chose not to participate in the Settlement. You would have kept your individual claims against PNC, but you would not receive a payment. The deadline to opt out of the Settlement was March 18, 2020. If you opted out but still want to recover against PNC, you will have to file a separate lawsuit or claim.
Object to the Settlement You could have filed an objection with the Court explaining why you believe the Court should reject the Settlement. If you objected and the Court overruled the objection, you will receive a payment and you will not be able to sue PNC for the claims asserted in this litigation. The deadline to object to the Settlement was March 18, 2020.

Current Status

Update July 14, 2022

On August 10, 2020, the Court granted Final Approval to the Settlement. The Effective Date of the Settlement was delayed based on an appeal filed by an objector. The Settlement has now become effective, and Settlement Class Members can expect to receive their settlement awards soon.


Important Dates
  • October 10, 2007 to March 1, 2012
    Class Period
  • March 18, 2020
    Deadline to Exclude yourself from the Settlement
  • March 18, 2020
    Deadline to Object to the Settlement
  • April 22, 2020, at 10:30 a.m. ET
    Final Approval Hearing
  • August 10, 2020
    Final Approval Order Signed
  • February 16, 2022
    U.S. Eleventh Circuit Court of Appeal Affirmed Final Approval of Settlement
  • May 18, 2022
    Settlement Effective Date