Just as North Coast Credit Union has become the latest target of an opportunistic class-action suit regarding ATM fee notices, legislation has been introduced in Congress that could help put an end to these frivolous and potentially costly lawsuits.
An ATM customer who has sued 32 financial institutions in the past three years over fee disclosures has filed suit against North Coast Credit Union. While not uncommon throughout the country, the suit is the first of its kind in the Northwest.
CUNA Mutual Group offers simple preventative steps to help credit unions avoid costly fines and legal fees associated with ATMs.