Welcome to the Self v. Cadence Bank Settlement Website
If you were assessed an APSN Fee by Cadence Bank, you could get a payment and/or other benefits from a class action settlement.
- The settlement relates to what are referred to as “APSN Fees,” meaning overdraft fees that Cadence Bank (“Defendant”) allegedly charged and did not refund on Point-of-Sale debit card transactions that a customer initiated with a positive balance but that settled into a negative balance during the time period from January 11, 2019 through November 15, 2023. If you were charged such a fee and it was not refunded and you are not otherwise excluded, you are a member of the Settlement Class as described more fully below.
- Class Members who do nothing will automatically receive a check or account credit and/or debt forgiveness. Payments and credits will be from the Net Settlement Fund based on a percentage of the amount of APSN Fees paid. The amount of these payments will be determined by an independent Settlement Administrator and not by Defendant.
- Your legal rights are affected, so please read this notice carefully.
YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT
- These rights and options—and the deadlines to exercise them—are explained in this notice.
DO NOTHING
Automatically receive a settlement check or account credit and/or APSN Fee forgiveness once the settlement is finally approved. Give up the right to bring a separate lawsuit about the same issue.
EXCLUDE YOURSELF
Get no benefits from the settlement. Keep the right to bring a separate lawsuit about the same issue at your own expense.
OBJECT
Write to the Court about why you don’t like the settlement. If the settlement is approved, you will still automatically receive a check or account credit and/or debt forgiveness and give up the right to bring a separate lawsuit about the same issue.