Florence Bank Overdraft and NSF Fees Settlement

The notice covers these two types of Florence Bank fees when charged during the stated class period. The notice also says a person may be in one or both Settlement Classes.

• Retry Fees: overdraft or NSF fees on an item that had already incurred an NSF fee.
• APSN Fees: overdraft fees on debit-card transactions that were authorized when the account balance was positive but settled when the balance was negative.

Your payment is based on your share of all applicable Challenged Fees paid by Class Members. For example, the notice says someone with $100 in applicable fees would receive twice the amount of someone with $50 in applicable fees. The payment cannot be more than the applicable fees you paid and will likely be less.

• The total Settlement Fund is $390,881.
• Court-approved attorneys’ fees and expenses, notice and administration costs, and service awards are paid from that fund before Class Member payments are calculated.

Eligible Class Members do not need to take action to request payment. If the settlement receives final approval and becomes final, the notice says they will receive either a check or an account credit.

• No claim form is required.
• No supporting documents are required by the notice for the automatic payment or credit.
• If your address changes, call the number in the notice so the payment can reach you.

The hearing date is not a payment date. The notice does not give a specific date for checks or account credits.

• The Court is scheduled to consider final approval on December 15, 2026, at 2:00 p.m.
• If approval is granted, there may be time for appeals. Distribution can begin after appeals are resolved, or if none are filed.
• The notice says this process may take several months and possibly more than a year.

Objecting does not remove you from the settlement. The notice says that if the settlement is approved, an objecting Class Member still receives the settlement benefit and gives up the right to bring a separate lawsuit about the same issue.

• Mail a written objection by December 12, 2026, to: Sullivan v. Florence Bank Objections, P.O. Box 301130, Los Angeles, CA 90030-1130.
• Include your name, address, telephone number, signature, reasons for objecting, and any supporting evidence or legal argument you intend to offer.

You do not have to attend the hearing for the Court to consider a timely mailed written objection. You may attend at your own expense, but attendance is not required.

• Send a Notice of Intention to Appear by December 12, 2026, to the objection address.
• Include your name, address, telephone number, signature, and any evidence you intend to use.
• A lawyer who will speak for you must also meet the notice requirements and file an appearance under the court’s rules.

The notice describes this as the exchange for receiving the settlement payment or account credit.

• You cannot start, continue, or participate in another lawsuit against Florence Bank concerning claims that were or could have been brought in this case.
• This release takes effect once the settlement becomes final.

The notice does not describe an opt-out procedure or deadline. It says eligible class members who do nothing will receive a check or account credit after final approval and will give up the right to bring a separate lawsuit about the same issues. Anyone who needs advice about the effect on their own rights should consult a lawyer.