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SunTrust’s Georgia Customers To Receive $155,800,000 From $240,000,000 Overdraft Fee Settlement
On February 18, 2026, it was reported that SunTrust Bank, now operating as Truist Bank, agreed to a settlement of up to $240,000,000 over allegedly unlawful overdraft fees charged to Georgia customers. After an estimated $84,200,000 is allocated for legal and administrative costs, about $155,800,000 from the class-action case filed in 2010 will be distributed on a claims-based, pro rata basis to eligible account holders who paid overdraft fees between July 12, 2006, and April 15, 2014.