Kimball v. Country Bank for Savings: Fee Refund Settlement

The settlement covers these two types of Challenged Fees if Country Bank charged them during the Class Period, March 12, 2019 through December 31, 2025.

• Retry Fees: overdraft fees and NSF fees on an item coded or classified as having previously incurred an NSF fee.
• Account Balance Fees: overdraft fees on a transaction that did not overdraw the account.

If Country Bank’s records show that you were assessed a Challenged Fee, you are a Class Member. The notice says that receiving an email or postcard notice means you are included. If you are unsure whether you were properly included, the notice says you can call the number printed at the bottom of the notice.

You do not need to submit a claim form or take other action to receive a settlement payment or account credit. If you move, call the number at the bottom of the notice to give your new address so a payment can reach you.

Payments or account credits will come from the Net Settlement Fund, after Court-approved fees, expenses, notice and administration costs, and service awards are deducted. Each Class Member’s share is based on the amount of applicable Challenged Fees that person paid compared with the applicable fees paid by all Class Members.

Your payment or credit cannot be more than the applicable fees you paid, and the notice says it will likely be less. The independent settlement administrator will calculate the amount.

Country Bank agreed to pay $495,000 into the Settlement Fund. That is the total fund, not the amount each Class Member will receive. Settlement administration costs, notice costs, approved attorneys’ fees and expenses, and any approved service awards are paid from that fund before the remaining money is distributed.

The notice says Class Members who do nothing may receive debt forgiveness as well as, or instead of, a check or account credit. But it does not explain who qualifies for debt forgiveness, how much would be forgiven, or how it relates to the payment-or-credit formula.

The Court is scheduled to consider final approval on August 11, 2026, at 2:00 p.m. You do not need to attend. Even if the Court approves the settlement, payment distribution must wait until any appeal period or appeals are resolved. The notice says this may take several months and perhaps more than a year.

If you do nothing, you remain in the settlement. If it becomes final, you will receive the settlement benefits that apply to you, but you give up the right to bring or continue a lawsuit against Country Bank about claims that were or could have been brought in this case.

You may object if you are a Class Member. Your written objection must give your name, address, telephone number, signature, and the reasons for your objection. Include any evidence or legal argument you want the Court to consider.

Mail it to the address in the notice and make sure it is postmarked by June 22, 2026. Objecting does not prevent you from receiving applicable settlement benefits if the settlement is approved.

You may attend the Final Approval Hearing at your own expense, but you are not required to do so. To ask to speak, send a Notice of Intention to Appear with your name, address, telephone number, signature, and any evidence you intend to use. It must be postmarked by June 22, 2026 and sent to the objection address in the notice.