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Bank of America

Bank of America settled for $2.85 million over claims it charged fees on accounts protected by New York’s Exempt Income Protection Act.

ClosedNew York onlyClaim status: Claim window closedPayout: $35 (estimate)No longer claimable

About this settlement

Settlement for improper fees charged on protected bank accounts under New York law.

This settlement resolves claims that Bank of America violated New York’s Exempt Income Protection Act by charging fees on accounts subject to attachment or garnishment between 2009 and 2023. Eligible account holders may receive an estimated $35 payment.

Who qualifies

  • Bank of America account holders in New York.
  • Accounts restrained or levied between Jan. 1, 2009 and Feb. 17, 2023.
  • Accounts not applied by a sheriff or receiver to satisfy a judgment.

$35 (estimate)

Claim status: Claim window closed

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