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.