Key facts pulled from the official settlement site; not yet independently field-verified — confirm details on the official site.
South Central Bank Overdraft Fees Settlement
Automatic settlement for South Central Bank customers charged improper overdraft and retry fees, with no claim form required.
Pro rata share based on individual fees paid. Approximately $1.86 million available to class members after legal fees and administration costs from the $2.8 million settlement fund
Who may qualify
You qualify if you were charged overdraft fees on signature-based debit transactions with sufficient funds (Oct 2009-Oct 2018) OR retry overdraft fees on returned items (Oct 2009-Dec 2025) at South Central Bank.
Individuals charged APSN overdraft fees on signature-based debit card transactions authorized when funds were sufficient between October 4, 2009 and October 8, 2018, OR individuals charged retry overdraft/NSF fees on the second or third presentment of previously returned items between October 4, 2009 and December 31, 2025
This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.
Important dates
- Claim deadline
- June 17, 2026
- Exclusion deadline
- June 17, 2026
- Objection deadline
- June 17, 2026
Proof requirements
Proof requirement is currently marked as No.
Review the official claim form before submitting any information.
What you need
No documentation or claim form required. The settlement administrator automatically identifies eligible class members from South Central Bank records.
How do I file a claim for this settlement?
No claim form is needed — Verita Global issues this refund automatically; confirm your eligibility and contact details on the official source.
- Check the official source to confirm you are within the eligible group — the settlement administrator determines eligibility.
- Make sure Verita Global has your current mailing address or payment details if the official source provides a way to update them.
- No claim form is required for an automatic refund; you do not need to pay anyone or submit documents to receive it.
- Watch the payment status on this record and on the official source — payments begin only after the court or program process concludes.
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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
Who may qualify for this settlement?
Individuals charged APSN overdraft fees on signature-based debit card transactions authorized when funds were sufficient between October 4, 2009 and October 8, 2018, OR individuals charged retry overdraft/NSF fees on the second or third presentment of previously returned items between October 4, 2009 and December 31, 2025
What is the claim deadline?
The claim deadline is June 17, 2026. Confirm the current deadline on the official settlement source before filing.
Do I need proof to claim?
Proof requirement: No. The settlement administrator determines what documentation, if any, is required.
What is the current payment status?
Current payment status: Unknown. Payments are issued by the administrator after the court process concludes.
When will South Central Bank Overdraft Fees Settlement pay out?
Current payment status: Unknown. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.
Where is the official South Central Bank Overdraft Fees Settlement claim form?
No claim form is needed — The claim deadline (Jun 17, 2026) has passed — this settlement is closed to new claims. Listed for reference. Never pay a fee to claim a settlement payment.
Do I need to file a claim to receive my settlement payment?
No. The settlement is automatic. If you were charged eligible overdraft or retry fees, you will receive your pro rata share without filing a claim form. The settlement administrator will identify you from South Central Bank records.
When will I receive my settlement payment?
The court's final approval hearing is scheduled for July 7, 2026. After approval and any appeals are resolved, eligible class members will receive payments. Current account holders will get account credits, while former customers will receive checks by mail.
How much will I receive?
Payments are distributed pro rata based on the amount of eligible fees you paid relative to all class members' fees. Approximately $1.86 million is available for class members after legal fees and administration costs from the $2.8 million settlement fund.
What fees does this settlement cover?
The settlement covers: (1) Overdraft fees on signature-based debit card transactions that were authorized when sufficient funds existed (Oct 4, 2009 - Oct 8, 2018), and (2) Retry overdraft or NSF fees charged on the second or third attempt to process a previously returned transaction (Oct 4, 2009 - Dec 31, 2025).
What was the deadline to exclude myself from the settlement?
The exclusion and objection deadline was June 17, 2026. If you did not exclude yourself by that date, you are bound by the settlement and will automatically receive your share of the settlement fund.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
The claim deadline (Jun 17, 2026) has passed — this settlement is closed to new claims. Listed for reference.
Listed on the official settlement website (Verita Global).
Disclaimer
This service 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. Only file a claim if the information you provide is accurate.
Change log
- June 9, 2026 — Settlement published after verification.