Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU is among FIs sued over ATM fee disclosures
PITTSBURGH (6/3/09)--Consumers filed nine lawsuits within two weeks in a federal court in Pittsburgh claiming there was no notice about fees on ATMs they used. A credit union is among those being sued. The suits are seeking class-action status. The credit union, $593.9 million asset Clearview CU, based in Moon Township, Pa., is being sued by Daniela Helkowski, who claims she withdrew cash on May 7 from an ATM at the credit union's main branch and was charged $2.25 for the transaction. In the suit, which was filed May 19 in the U.S. District Court for Western Pennsylvania, Helkowski said there was no sign at the ATM about the fees. The suit maintains the credit union's machine violates the Electronic Funds Transfer Act, which requires posting a notice "on or at" the ATM. The law requires notifying consumer of fees by signs located on or near the machines and on-screen before transactions are completed. Helkowki also filed a similar lawsuit against Sewickley (Pa.) Savings Bank on May 21. In that instance, she said she withdrew cash from the bank's ATM on May 6 and saw no disclosures about fees. Other defendants in similar suits include ATM Cash World, Northwest Savings Bank and Allegheny Valley Bank of Pittsburgh (Pittsburgh Tribune-Review June 1). The suits were all filed by the same Sewickley-based law firm.


RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
1 Day ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
1 Day ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
1 Day ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
1 Day ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
4 minutes ago