Class Action Investigation: Eastern Bank, Middlesex Savings Bank, Rockland Trust Company, Salem Five Bank — Overdraft Fees

Under Investigation: -OVERDRAFT FEES- Eastern Bank, Middlesex Savings, Rockland Trust, Salem Five

ANNOUNCEMENT: You may have heard of (or been affected by) overdraft fees at Citizens Bank or Bank of America, and the class action lawsuits and settlements related to those overdraft fees.

There are four Massachusetts state-chartered banks which may have engaged in similar unfair practices related to overdraft fees.  They are: (1) Middlesex Savings Bank; (2) Rockland Trust; (3) Salem Five; (4) Eastern Bank. Whenever bank transactions are re-ordered from highest to lowest to put customers into a negative balance – thereby causing a domino effect of overdraft fees, banking customers have been injured. This is especially true if you used a debit card for multiple purchases over a period of several days without realizing you had a negative balance.

If you have been a customer of any of the banks listed below, and you have paid overdraft fees, you are encouraged to contact us at (617)329-1295.

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Bank Watch List:

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Salem Five

Salem Five: “If you banked here, you’d be smiling by now”

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Eastern Bank
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Middlesex Savings Bank - Massachusetts

Middlesex Savings Bank – Massachusetts

Rockland Trust Company - Massachusetts

Rockland Trust Company – Massachusetts

Salem Five Bank - Massachusetts

Salem Five Bank – Massachusetts

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