Key facts pulled from the official settlement site; not yet independently field-verified — confirm details on the official site.
iQ Credit Union Overdraft & NSF Fee Settlement
If iQ Credit Union charged you certain overdraft or repeat NSF fees between late 2018 and mid-2023, you may automatically receive a check or account credit from a $750,000 settlement — no claim form needed.
You may be eligible if you are an iQ Credit Union member who was assessed an APSN Fee (an overdraft fee on a signature-based debit card transaction authorized on sufficient funds) or a Retry Fee (a non-sufficient funds fee on a second or third presentment of a previously returned item) between December 12, 2018 and July 31, 2023. Members who exclude themselves from the settlement receive nothing. Payout: iQ Credit Union will pay $750,000 into a Settlement Fund and forgive $58,947 in charged-off Challenged Fees that were assessed but not paid. Payments and account credits come from the Net Settlement Fund based on a percentage of the applicable fees each member paid — pro rata, so a Class Member who paid $100 in applicable fees receives twice as much as one who paid $50 (after court-approved attorneys' fees of up to 1/3, administration costs, and a service award of up to $5,000). No proof of purchase is required to file. Checked against the official settlement source by SettleSignal on July 17, 2026.
Who may qualify
You self-certify the basics when you file — the settlement administrator makes the final eligibility decision.
You may be eligible if you were an iQ Credit Union member charged an overdraft fee on a debit card transaction authorized on sufficient funds, or a repeat NSF fee on a re-presented item, between December 12, 2018 and July 31, 2023.
Official eligibility wording (read the exact text)
You may be eligible if you are an iQ Credit Union member who was assessed an APSN Fee (an overdraft fee on a signature-based debit card transaction authorized on sufficient funds) or a Retry Fee (a non-sufficient funds fee on a second or third presentment of a previously returned item) between December 12, 2018 and July 31, 2023. Members who exclude themselves from the settlement receive nothing.
This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.
New to the terms? Plain-English: claim deadline, proof of purchase, administrator, pro rata.
Proof requirements
Proof requirement is currently marked as No.
Review the official claim form before submitting any information.
Important dates
How do I file a claim for this settlement?
No claim form is needed — Verita issues this refund automatically; confirm your eligibility and contact details on the official source.
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1Check the official source to confirm you are within the eligible group — the settlement administrator determines eligibility.
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2Make sure Verita has your current mailing address or payment details if the official source provides a way to update them.
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3No claim form is required for an automatic refund; you do not need to pay anyone or submit documents to receive it.
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4Watch the payment status on this record and on the official source — payments begin only after the court or program process concludes.
New to settlement claims? How to file safely → · Worried it might be fake? Run the 60-second legitimacy check →
When will I get paid?
- Claims open You are here
- Court approval
- Payments sent
- Distribution complete
Claims are still being accepted. Class-action payouts typically begin only after the claim deadline, final court approval, and any appeals.
Verify it yourself
How we verified this record
The key facts here come straight from the official settlement source — no aggregators, no guesswork — and we re-check them on a schedule.
The key facts on this page were taken from the official settlement source, administered by Verita, and last checked on July 17, 2026. We re-verify each field individually on a weekly pass.
Cross-checked against 1 official source on file.
Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.
Common questions
Is the iQ Credit Union Overdraft & NSF Fee settlement legitimate?
Yes — the iQ Credit Union Overdraft & NSF Fee settlement is a real claims process that SettleSignal tracks from its official source. It is administered by Verita. File only through the official settlement website (thompsonfeessettlement.com); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on July 17, 2026. Always confirm the current details on the official site before filing.
Who may qualify for this settlement?
You may be eligible if you are an iQ Credit Union member who was assessed an APSN Fee (an overdraft fee on a signature-based debit card transaction authorized on sufficient funds) or a Retry Fee (a non-sufficient funds fee on a second or third presentment of a previously returned item) between December 12, 2018 and July 31, 2023. Members who exclude themselves from the settlement receive nothing.
How much can I get from the iQ Credit Union Overdraft & NSF Fee settlement?
iQ Credit Union will pay $750,000 into a Settlement Fund and forgive $58,947 in charged-off Challenged Fees that were assessed but not paid. Payments and account credits come from the Net Settlement Fund based on a percentage of the applicable fees each member paid — pro rata, so a Class Member who paid $100 in applicable fees receives twice as much as one who paid $50 (after court-approved attorneys' fees of up to 1/3, administration costs, and a service award of up to $5,000). The exact amount you may receive is decided by the settlement administrator based on your valid claim and is not guaranteed; a total settlement-fund figure is shared among all eligible claimants, not paid to each person.
Do I need proof to claim?
Proof requirement: No. The settlement administrator determines what documentation, if any, is required.
Where is the official iQ Credit Union Overdraft & NSF Fee Settlement claim form?
No claim form is needed — Class Members who do nothing will automatically receive a check or account credit based on a percentage of the applicable fees they paid — no claim form is required. Never pay a fee to claim a settlement payment.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
Not ready to file today? Track it free — we'll remind you before the deadline, and keep your claim details in one place.
Listed on the official settlement website (Verita).
Status history
Every status and verification change we have recorded for this settlement, newest first. We log the date we made each change; we never publish the underlying evidence link.
- Settlement published after verification.
Disclaimer
SettleSignal summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. You open the official claim form yourself. Only file a claim if the information you provide is accurate.