JASPER, Ind. (WEHT) – German American Bank has agreed to a $3-Million settlement in connection to a lawsuit claiming it overcharged customers for overdraft fees. The lawsuit claims the overdraft fees occurred even when customers had money in their account to pay for purchases.
Despite the payout, the settlement said, “Defendant does not in any way acknowledge, admit to, or concede any of the allegations made in the Amended Complaint, and expressly disclaims and denies any fault or liability, or any charges of wrongdoing that have been or could not have been asserted in the Amended Complaint.”
Eyewitness News has obtained court records to this settlement and the records are posted below. The lawsuit was filed in 2020.
Anyone who thinks they overpaid overdraft fees may be entitled to a cash payment established by the settlement. There is a deadline to make a claim. More information is on page 22 of the court records.