PAYMENT DISTRIBUTION OCCURRED ON JANUARY 9, 2014
If your Commerce Bank Account is open and you are eligible for a payment under the Settlement, you received an account credit on January 9, 2014.
If your Commerce Bank account has been closed and you are eligible for a payment under the Settlement, you will receive payment by check. Your check was mailed on January 9, 2014. Please be patient in waiting for your check to arrive.
All the information you need regarding your account credit or check is available on this website.
Go to the FAQs for detailed information.
If you paid Overdraft Fees to Commerce Bank, you may be eligible for a payment from a class action Settlement.1
An $18.3 million Settlement has been reached in a class action about the order in which Commerce Bank posts Debit Card Transactions to customer Accounts. The Complaint in this action contains all of the allegations and claims asserted against Commerce Bank. Commerce Bank maintains that there was nothing wrong with its posting process and that it has not violated any laws.
If you held a Commerce Bank consumer checking Account between and including April 6, 2004 and August 16, 2012, and paid Overdraft Fees, you may be a member of the Settlement Class and may have legal rights and options under this Settlement, such as receiving a payment by check or Account credit, excluding yourself from, or objecting to the Settlement. You may also be a member of the Settlement Class, with the same rights and options, if you opened an Account in Illinois between and including April 6, 2000 and December 31, 2002.
If you received notice of the Settlement from a postcard addressed to you, then you are in the Settlement Class. But even if you did not receive a postcard with Settlement notice, you may still be in the Settlement Class. You may review Frequently Asked Questions and Answers and the Detailed Notice for more details on who is eligible for benefits under this Settlement and what steps members of the Settlement Class need to take to receive benefits under this Settlement.
This website will be updated periodically with new developments in the Settlement.
1 Capitalized terms have the same meanings as those used in the Settlement Agreement, a copy of which may be found on this website.
NOTICE: This website provides a summary of the Settlement and is provided for informational purposes only. In the event of any discrepancy between the text of this website and the original text upon which it is based, the text of the original document shall prevail.
Questions? Contact the Settlement Administrator at
1-866-841-7649 or info@CommerceBankOverdraftSettlement.com