First Federal Bank of Kansas City Overdraft Fee Class Action Settlement
First Federal Bank of Kansas City Overdraft Fee Class Action Settlement
First Federal Bank of Kansas City agreed to create a $300,000 Settlement Fund to resolve claims that it charged overdraft fees on debit card transactions that were authorized on sufficient funds but later settled on negative funds. Missouri personal checking accountholders who were charged these fees between February 23, 2019 and May 5, 2026 do not need to file a claim; payments are made automatically as an account credit or a check. The Court granted final approval on October 2, 2026.
Settlement fund
$300K
Settlement Fund
Top payout
Automatic
Account credit or check, no claim form
Claim form
No claim form
Automatic credit or check
No claim form needed
Former customers should make sure the Settlement Administrator has their current mailing address so their check reaches them.
Do you qualify?
You are a Class Member if ALL of the following apply:
- You have or had a personal checking account in Missouri with First Federal Bank of Kansas City.
- You were charged an overdraft fee on a debit card transaction that was authorized on sufficient funds and then settled on negative funds in the same amount, between February 23, 2019 and May 5, 2026.
- No claim form and no proof needed. Eligible Class Members are identified from the bank's records and paid automatically.
- Excluded: Anyone who submitted a valid request for exclusion postmarked by August 3, 2026.
Not sure if you qualify? Call the Settlement Administrator at (888) 808-7383, write to Monk v. First Federal Bank of Kansas City, Settlement Administrator, P.O. Box 301130, Los Angeles, CA 90030-1130, or visit MonkOverdraftFeeSettlement.com.
What happened
Plaintiff David Monk sued First Federal Bank of Kansas City in the Circuit Court of Jackson County, Missouri. The lawsuit alleges that the bank charged overdraft fees on debit card transactions that were authorized when the account had enough money but settled later when the balance was negative, and brings claims for breach of contract and breach of the implied covenant of good faith and fair dealing.
First Federal Bank of Kansas City denies any wrongdoing, and the Court has not decided who is right on the merits. The parties agreed to settle to avoid the cost, risk, and delay of continued litigation. The Court granted final approval on October 2, 2026, and any money remaining in the fund after distribution will go to Legal Aid of Western Missouri.
How to file a claim
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1. Confirm you are a Class Member
You are a Class Member if you are a current or former holder of a First Federal Bank of Kansas City personal checking account in Missouri and were charged an overdraft fee on a debit card transaction that was authorized on sufficient funds and settled on negative funds between February 23, 2019 and May 5, 2026. If you are unsure, call the Settlement Administrator at (888) 808-7383.
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2. Understand how your payment is calculated
After Court-approved attorneys' fees and costs, the service award, and administration costs are deducted, the Net Settlement Fund is divided among eligible Class Members under the formulas in the Settlement Agreement. Individual amounts are not fixed and have not been published.
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3. No claim form: keep your address current
You do not need to file a claim. Current customers receive an account credit and former customers receive a check mailed by the Settlement Administrator. If you are a former customer and your mailing address has changed, contact the Settlement Administrator at (888) 808-7383 or Monk v. First Federal Bank of Kansas City, Settlement Administrator, P.O. Box 301130, Los Angeles, CA 90030-1130. The notice, Settlement Agreement, and Final Approval Order are posted on the case documents page of MonkOverdraftFeeSettlement.com.
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4. Receive your payment
The Court granted final approval on October 2, 2026. Under the settlement, payments and account credits are due within 45 days of the Effective Date, which follows final approval and the end of any appeal period.
Key dates
- Aug 3, 2026 Opt-out & objection deadline Passed
- None No claim form required Automatic
- Oct 1, 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 October 1, 2026 at 1:30 p.m. in Division 4, 415 E 12th St, Kansas City, Missouri 64106, and the Court signed the Final Approval Order on October 2, 2026. The opt-out and objection deadline was August 3, 2026. No claim form is required. Check MonkOverdraftFeeSettlement.com for payment updates.
Where the money is going
First Federal Bank of Kansas City agreed to create a $300,000 Settlement Fund. The Court approved $100,000 in attorneys' fees, costs, and expenses, a $5,000 service award, and $46,171 in notice and administration costs, all paid from the fund. The remaining Net Settlement Fund is divided among eligible Class Members, and any money left over goes to Legal Aid of Western Missouri.
All amounts listed above are pending and subject to final court approval and the terms of the Settlement Agreement. The Court's October 2, 2026 Final Approval Order approved the fee, service award, and administration amounts shown. The Net Settlement Fund figure is our own estimate from those amounts. Any remaining money goes to the cy pres recipient, Legal Aid of Western Missouri.
Common questions
How much money will I receive?
Individual amounts are not fixed. After approved deductions, roughly $148,829 (our estimate) is divided among eligible Class Members under the formulas in the Settlement Agreement, based on the challenged overdraft fees in the bank's records.
Do I need to submit proof of purchase?
No proof or claim form is needed. Class Members are identified from First Federal Bank of Kansas City's records and paid automatically.
What if I didn’t receive a notice?
Notice went to Class Members identified in the bank's records. If you think you qualify but did not get a notice, or your address has changed, contact the Settlement Administrator at (888) 808-7383 or P.O. Box 301130, Los Angeles, CA 90030-1130.
Does staying in the class affect my right to sue later?
Class Members who did not opt out by August 3, 2026 release the claims in the lawsuit against First Federal Bank of Kansas City, as described in the Settlement Agreement.
When will payments be sent out?
The Court granted final approval on October 2, 2026. Account credits and checks are due within 45 days of the Effective Date, which comes after any appeal period ends.
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 First Federal Bank of Kansas City, Verita Global, LLC (the Settlement Administrator), or Class Counsel Sophia Goren Gold and Jeff Kaliel of Kaliel Gold, PLLC and Tiffany Marko Yiatras of Consumer Protection Legal, LLC. The case is Monk v. First Federal Bank of Kansas City, Case No. 2416-CV04957, pending in the Circuit Court of Jackson County, Missouri at Kansas City before the Honorable Patrick C. Edwards. Class representatives are David Monk. First Federal Bank of Kansas City denies wrongdoing. This website is attorney advertising. Past results do not guarantee future outcomes.