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A preliminary agreement is expected to be approved by a federal judge in October for a $3.7 million overdraft fee class action lawsuit settlement with Alabama's largest credit union.
The $7.6 billion Redstone Federal Credit Union (RFCU) in Huntsville agreed to settle the lawsuit earlier this year that allegedly claimed members were wrongfully charged overdraft and non-sufficient funds (NSF) fees from 2014 to 2021, according to court filings in the U.S. District Court in Huntsville.
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