Compass Investments Equity Bank Shelling Out $1,000,000 to Customers To Settle

📌 Equity Bank Shelling Out $1,000,000 to Customers To Settle Accusations of Improperly Charging Overdraft and Non-Sufficient Funds Fees – A billion-dollar US bank is preparing to shell out $1 million to settle a class-action lawsuit over certain fees charged to customers. Equity Bank has agreed to settle the lawsuit that alleges the financial institution improperly charged certain overdraft and non-sufficient funds fees to account

Equity Bank agreed to a $1,000,000 settlement in a class-action alleging it improperly charged overdraft and non‑sufficient‑funds fees, reported May 22, 2026. The bank will notify eligible accountholders and seek court approval. The settlement drew attention from consumers and some #vaulta investors. #Macro Insights# #EquityBank. Icp