New Legislation Advancing to Combat ATM Fee Lawsuits

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.

Log with Photos of ATM Helps Credit Union Win Reg. E Lawsuit

A federal judge in Harrisburg, Pa., dismissed a lawsuit that had alleged a credit union violated the Electronic Funds Transfer Act with improper ATM fee notification, ruling that a third party had removed the credit union’s posted notice illegally.