What is this lawsuit about?
The Plaintiffs filed a class action lawsuit titled Diel, et al. v. Salal Credit Union which alleged that Salal Credit Union (or “Salal”) violated the Washington Consumer Protection Act and Washington common law by imposing overdraft and non-sufficient funds (or “NSF”) fees at times when Salal’s members had a ledger balance (but not an available balance) in their account sufficient to cover the transaction. Plaintiffs also alleged that Salal violated Washington law by failing to provide real-time notice that a point-of-sale debit transaction or ATM transaction will trigger an overdraft fee.
Salal contends that its overdraft and NSF fees were authorized by its Member Account Agreement and denies the claims alleged by Plaintiffs. The Court did not decide in favor of the Plaintiffs or Salal. Instead, both sides agreed to a settlement to avoid the risks and costs associated with a trial, and the people affected will receive compensation.
How do I know if I am a part of the Settlement?
You are in the Settlement Class if you resided in Washington, were a Salal Credit Union member, and at any point from April 15, 2015 through November 18, 2019 incurred an overdraft fee or an NSF fee for a transaction when the amount of the ledger balance shown in Salal’s record of your account was equal to or greater than the amount of the transaction.