McCuneWright LLP, filed a class action in Superior Court of Orange County
on June 17, 2013, alleging that Orange County Credit Union (OCCU), breached
its customer account agreement by unlawfully charging overdraft fees for
debit transactions when customers had sufficient money in their accounts
to cover these transactions. After litigating this case, a class-wide
settlement was reached where OCCU has agreed to pay $1.8 million and change
and clarify its disclosures of the overdraft practice. Affected OCCU customers
will receive approximately $28.00 for each improper $29.00 overdraft fee imposed.