If you paid Overdraft Fees related to an Independent Bank Debit Card or ATM card, you could receive a payment or account credit from a class action settlement.
A Settlement has been reached with Independent Bank (“Independent Bank” or “Defendant”) about the order of posting Debit Card Transactions and resulting Overdraft Fees.
The Settlement offers payments to eligible customers who paid Overdraft Fees to Independent Bank as a result of the Bank's Former Practice of Debit Card Sequencing from July 31, 2007, through March 9, 2017.
Your legal rights are affected whether you act or do not act. Read this website carefully.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT:|
|EXCLUDE YOURSELF||Get no benefits from the Settlement. This is the only option that allows you to start or remain part of any other lawsuit against Independent Bank about the legal claims in this case.|
|OBJECT||Write to the Court about why you do not like the Settlement.|
|GO TO A HEARING||Ask to speak in Court about the fairness of the Settlement.|
|DO NOTHING||If you received a notice via email or in the mail about this Settlement, an account credit or check payment will automatically be issued to you for the amount you are eligible to receive. You will give up your rights to sue Independent Bank about the legal claims in this case.|
The settlement has been preliminarily approved by the Court. The Court presiding over this case still has to decide whether to give final approval the Settlement. If it does, and after any appeals are resolved, benefits will be distributed to those who qualify. Please be patient, as this process sometimes takes a long time.