Welcome to the Fifth Third Bank Class Action Notification Website

UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF OHIO

NOTICE REGARDING CLASS ACTION SETTLEMENT

 

• A Settlement has been reached in a class action lawsuit claiming that Fifth Third Bank (“Fifth Third”) breached its contract with Account Holders by assessing Non-Fifth Third ATM Fees for balance inquiries made at ATMs outside of Fifth Third’s network of ATMs and for assessing more than one Non-Fifth Third ATM Fee when a balance inquiry was made during the same ATM visit as a cash withdrawal or other funds transfer. Fifth Third maintains it did nothing wrong and that its imposition of Non-Fifth Third ATM Fees for balance inquiries did not breach its contract with Account Holders.

• A Settlement Fund of $5.2 million has been established to pay Settlement Class Member Payments, Settlement Administration Costs, any attorneys’ fees and litigation expenses awarded by the Court, any Service Awards ordered by the Court, and any cy pres payment required by the Settlement. Current and former Fifth Third Account Holders in the United States who were assessed one or more Non-Fifth Third ATM Fees during the Class Period for making a balance inquiry at an ATM outside of Fifth Third Bank’s network of ATMs, or were assessed more than one Non-Fifth Third ATM Fee for undertaking a balance inquiry during the same ATM visit as a cash withdrawal or other funds transfer, may be entitled to receive a payment from the Settlement Fund.
  • Your legal rights are affected whether you act or don’t act.

Summary of Your Legal Rights and Options in this Settlement
Do Nothing:  Receive A Payment Or Account Credit	If you are entitled under the Settlement to a payment or Account credit, you do not have to do anything to receive it. If the Court approves the Settlement and it becomes final and effective, and you remain in the Settlement Class (i.e., you do nothing and do not otherwise exclude yourself from the Settlement), you will automatically receive a payment or Account credit.
Exclude Yourself From The Settlement Deadline: June 8, 2021	Instead of doing nothing, you may ask to be excluded from the lawsuit.  If you do so, you will receive no benefit from the Settlement, but you retain your right to sue on your own.
Object Deadline: June 8, 2021	You may object to the terms of the Settlement Agreement and have your objections heard at the Final Approval Hearing on July 8, 2021
Do Nothing	You will receive any payment or Account credit to which you are entitled and will give up your right to bring your own lawsuit against Fifth Third about the claims in this case.

• The Court in charge of this case still has to decide whether to approve the Settlement. Payments and Account credits will be provided if the Court approves the Settlement and after any appeals are resolved. Please be patient.