$240M SunTrust Bank Overdraft Fee Class Action Settlement
SunTrust Bank — now Truist — has agreed to pay $240 million to settle a class action over allegedly manipulating debit card transaction order to maximize overdraft fees. If you are a qualifying Georgia resident with a SunTrust account, you may receive between $5 and $1,000 depending on fees paid.
Do I Qualify?
You may be eligible if:
- Georgia residents who had a SunTrust Bank account
- You were charged overdraft fees on debit or ATM transactions between July 12, 2006 and April 15, 2014
- Your account was still open on June 1, 2010
- You provide SunTrust account information and documentation of overdraft fees charged
Proof is required. You will need your SunTrust account information and documentation of the overdraft fees you were charged during the qualifying period.
Notify me when a settlement opens
We will email you the moment an official claim portal opens for this case.
What Happened?
SunTrust Bank — now Truist after its merger with BB&T — was sued for manipulating the order in which it processed debit card and ATM transactions to maximize overdraft fees charged to customers. The bank allegedly reordered transactions from largest to smallest rather than chronologically, causing customers to overdraw their accounts faster and incur multiple overdraft fees instead of just one.
This practice — known as high-to-low transaction reordering — was the subject of numerous lawsuits against major banks in the 2010s. SunTrust agreed to pay $240 million to settle the class action, one of the largest bank overdraft settlements in U.S. history.
How Much Will I Actually Get?
Eligible claimants can receive between $5 and $1,000 depending on how much they paid in overdraft fees during the qualifying period. You will need your SunTrust account information and documentation of the overdraft fees you were charged. This settlement is limited to Georgia residents only.
Last reviewed: June 22, 2026 | SuitAlert will update this page when the claims portal opens.