I accidentally ran across this on MY3CENTS.COM. There was a class action lawsuit filed against the Bank of America, CLOSSON VS. BANK OF AMERICA, regarding the Bank of America's practice of "rearranging" the posting of debits to customers' accounts. They are posted by amount, with the largest amount first and descending from there on down, instead of by posting date. Customers' checkbook registers are posted by date of transaction, and so a customer can unwittingly incur overdraft fees unless the customer leaves about a hundred dollars or more in the account. This practice is to generate overdraft fees. Fees are now most banks' major source of income.
If you're were a BOA customer from December 6, 2000 to December 31, 2007, a Fleet Bank customer from April 1, 2004 to December 31, 2007, a U. S. Trust Company customer from July 1, 2007 to December 31, 2007, or a customer of either of the LaSalle Banks from October 1, 2007 to December 31, 2007, you may be qualify for a $78.00 cash settlement. I know it's not all that much, but for filling out an online form which takes maybe a minute and a half, it's not bad.
I'm posting this because it's obviously not being publicized, and I wanted to get the word out to as many people as possible. The deadline is MAY 1, 2009. If you print out the form and mail it in, it has to be postmarked by this date. Online filing has to be done by this date.
Click HERE for the notice on My3cents.com. Click HERE for the actual website of the lawsuit and for filing for your cash settlement.
Please share this with others whether you have a blog or not. Bloggers, feel free to either link to this post in your own blog, or copy and paste it. Send it by e-mail too. I would like for as many as possible to know about this before the May 1st deadline.
Thanks to all for your help!