July 26, 2024
The bank formerly known as Banco Popular North America has agreed to pay $1.5 million to customers who claim the bank hit them with unfair overdraft fees and suspend the challenged fees for five years as part of a proposed settlement to resolve their class action.
December 13, 2022
A New York judge has declined to send a proposed class action accusing Banco Popular North America of charging unfair overdraft fees to arbitration, ruling that an arbitration clause the bank added to its contract four years after the plaintiff opened his account was unconscionable.
September 09, 2022
Banco Popular North America has asked a federal judge to send a customer's proposed class action over allegedly unjust overdraft fees to arbitration, arguing that when the customer opened his account, he became party to an agreement that now prevents him from taking the bank to court.
May 16, 2022
Banco Popular North America has been hit with a proposed class action accusing the bank of "the unfair and unconscionable assessment" of overdraft fees on accounts that weren't overdrawn.