Skip to content
Subscriber Only

Associated Bank to Pay $13 Million to Settle Overdraft Suits

Updated on

An Associated Banc-Corp unit agreed to pay $13 million to settle consumer lawsuits accusing the Wisconsin bank of illegally charging excessive overdraft fees, according to court papers.

Officials of Green Bay, Wisconsin-based Associated Bank N.A. also agreed to pay the funds to wipe out “all claims that were or could have been brought” over the bank’s overdraft policies, lawyers for accountholder Pamela Harris said today in a federal court filing in Miami. Overdraft suits filed across the U.S. have been consolidated in that court for pre-trial proceedings.