C-Plant Federal Credit Union Overdraft Fee Class Action Settlement
C-Plant Federal Credit Union Overdraft Fee Class Action Settlement
C-Plant Federal Credit Union agreed to pay $1,050,000 to settle claims that it charged overdraft fees on signature-based debit card transactions that were authorized on sufficient funds and settled in the authorized amount. Members charged those fees between July 14, 2013 and August 25, 2025 will receive a pro rata check automatically, with no claim form required. The Court granted final approval on August 31, 2026.
Settlement fund
$1.05M
Settlement fund
Top payout
Automatic
Pro rata share of overdraft fees paid, by check
Claim form
No claim form
Checks mailed after Effective Date
No claim form needed
Make sure the Settlement Administrator has your current mailing address so your check reaches you.
Do you qualify?
You are a Class Member if ALL of the following apply:
- You were charged an overdraft fee on a signature-based debit card transaction that was authorized on sufficient funds and settled in the authorized amount (a "Challenged Fee").
- The fee was charged between July 14, 2013 and August 25, 2025.
- If you received a postcard or email notice addressed to you, C-Plant's records show you are a Class Member.
- No claim form and no proof needed. Payments are calculated from C-Plant's records and mailed by check.
- Excluded: Anyone who mailed a request for exclusion postmarked by August 5, 2026.
Not sure if you qualify? Call the Settlement Administrator at 1-888-808-7177, write to Teofilo v. C-Plant Federal Credit Union, P.O. Box 301130, Los Angeles, CA 90030-1130, or visit TeofiloOverdraftFeesSettlement.com.
What happened
Plaintiff Mary Teofilo filed this class action against C-Plant Federal Credit Union in the McCracken Circuit Court in Kentucky. The lawsuit alleges that C-Plant improperly charged overdraft fees on signature-based debit card transactions that were authorized when the account had sufficient funds and later settled in the same authorized amount.
C-Plant denies that the fees were improper and denies any wrongdoing, and the Court has not decided who is right. The parties settled after mediation to avoid the cost, risk, and delay of continued litigation. Under the Settlement Agreement, no money reverts to C-Plant: leftover funds go to a second distribution or, if too small, to Kentucky Civil Legal Aid and the United Way of Paducah-McCracken County.
How to file a claim
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1. Confirm you are a Class Member
If you received a postcard or email notice about Teofilo v. C-Plant Federal Credit Union, C-Plant's records show you paid at least one Challenged Fee between July 14, 2013 and August 25, 2025. If you are unsure, call 1-888-808-7177.
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2. Understand your payment
Your share is pro rata: your Challenged Fees divided by all Challenged Fees paid by the class, multiplied by the Net Settlement Fund. You will not receive more than the fees you paid and will likely receive less. Payments are made by check.
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3. Keep your mailing address current
There is no claim form. Checks are mailed automatically, so if you have moved, call the Settlement Administrator at 1-888-808-7177 or write to Teofilo v. C-Plant Federal Credit Union, P.O. Box 301130, Los Angeles, CA 90030-1130. See the contact page for current details, and the Notice, Settlement Agreement, and Final Approval Order on the TeofiloOverdraftFeesSettlement.com documents page.
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4. Cash your check before it expires
Under the Settlement Agreement, checks are mailed 35 days after the Effective Date and can be cashed for 120 days after the mailing deadline. Uncashed amounts may be redistributed to Class Members in a second distribution.
Key dates
- Aug 5, 2026 Opt-out & objection deadline Passed
- None No claim form required Automatic
- Aug 28, 2026 Final Fairness Hearing (1:30 p.m. CT) Passed
- TBD after final approval Payments issued to claimants Pending
The Final Approval Hearing was held on August 28, 2026 at 1:30 p.m. at the McCracken County Courthouse, 300 Clarence Gaines St., Paducah, KY 42003, and the Final Approval Order was entered on August 31, 2026. The exclusion and objection deadline (August 5, 2026) has passed. No claim form is required, so watch for your check and check TeofiloOverdraftFeesSettlement.com for distribution updates.
Where the money is going
C-Plant paid $1,050,000 into a Settlement Fund. Court-approved attorneys' fees, expenses, the service award, and notice and administration costs are deducted first, and the Net Settlement Fund is divided pro rata among Class Members based on the Challenged Fees each paid. No money reverts to C-Plant; any remainder goes to a second distribution or to cy pres recipients Kentucky Civil Legal Aid (25%) and the United Way of Paducah-McCracken County (75%).
All amounts listed above are pending and subject to final court approval and the terms of the Final Approval Order entered August 31, 2026. The amount available for Class Members is our own estimate and does not account for notice and administration costs. Residual funds go to a second distribution or to cy pres recipients, never back to C-Plant.
Common questions
How much money will I receive?
Payments are pro rata, based on the Challenged Fees you paid compared with the total paid by all Class Members, from the Net Settlement Fund of the $1,050,000 settlement. You will not receive more than the fees you paid and will likely receive less.
Do I need to submit proof of purchase?
No proof or claim form is needed. C-Plant's records identify Class Members and the Challenged Fees each paid, and the Settlement Administrator calculates payments.
What if I didn’t receive a notice?
Class Members were identified from C-Plant's records and sent a postcard or email notice. If you think you paid a Challenged Fee but did not get a notice, or you have moved, call 1-888-808-7177 so the Administrator can check the class list and your address.
Does staying in the class affect my right to sue later?
Because the exclusion deadline has passed, Class Members release C-Plant and related parties from claims relating to the Challenged Fees charged during the Class Period. The release does not cover bodily injury claims or claims under the Servicemembers Civil Relief Act.
When will payments be sent out?
The Court granted final approval on August 31, 2026. Under the Settlement Agreement, checks are mailed 35 days after the Effective Date, which is generally 30 days after final approval if there is no appeal. Checks can be cashed for 120 days.
Dapeer Law, P.A.
Consumer class action attorneys based in South Florida. We track settlements so you don’t have to.
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This page is for informational purposes only and does not constitute legal advice. Dapeer Law, P.A. is not the administrator of this settlement and is not affiliated with C-Plant Federal Credit Union, Verita Global (the Settlement Administrator), or Class Counsel Lynn A. Toops and Lisa M. La Fornara of Cohen & Malad, LLP and J. Gerard Stranch, IV of Stranch, Jennings & Garvey, PLLC. The case is Teofilo v. C-Plant Federal Credit Union, Case No. 23-CV-00596, pending in the McCracken Circuit Court, Commonwealth of Kentucky. Class representatives are Mary Teofilo. C-Plant denies wrongdoing. This website is attorney advertising. Past results do not guarantee future outcomes.