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Welcome

Welcome to the Trustmark National Bank overdraft settlement support website.  This website has been established to provide class members wtih important information regarding a $4 million Settlement that has been reached in a class action about the order in which Trustmark National Bank posted Debit Card Transactions to customer accounts, and the alleged effect the posting order had on the number of Overdraft Fees charged to account holders.  Trustmark National Bank maintains that there was nothing wrong about the posting process used and that it has not violated any laws. 

SETTLEMENT UPDATE: March 26, 2014

The Final Approval Hearing was held on March 25, 2014.  Following the presentations of counsel, the Court entered the Final Approval Order and Final Judgment; both of which are available within the Court Documents section of this website.  Any distribution of the Settlement Fund will not occur until after the Effective Date, which will be no earlier than May 8, 2014, though it may be later subject to potential appeals.  Further details regarding the distribution will be posted to this website as they become available.

United States District Court For The Southern District Of Mississippi

If You Paid Overdraft Or NSF Fees to Trustmark National Bank,

You May be Eligible for a Payment from a Class Action Settlement.

A federal court authorized this notice.  This is not a solicitation from a lawyer.

·  A $4 million Settlement has been reached in pendnig class action litigation about the methodology and order in which Trustmark National Bank (“Trustmark”) posted debit card transactions to deposit accounts, and the effect these practices had on the number of overdraft fees the bank charged its account holders.  Trustmark maintains there was nothing wrong about the practices used.  The Court has not decided which side is right.

·  Current and former holders of Trustmark deposit accounts may be eligible for a payment from the Settlement Fund. 
·  The Settlement offers payments to current and former Trustmark customers who paid overdraft or Non-sufficient funds fees as a result of Trustmark's posting practices during the Class Period.
·  Your legal rights are affected whether you act or don’t act.  Please read this notice carefully.

Summary of Your Legal Rights and Options in This Settlement

Get a Payment Automatically

If you are eligible for a payment based on overdraft fees charged during the applicable Class Period, you do not have to do anything to receive a payment.  Your payment will be made automatically by either mailed check or electronic payment to your Trustmark account if the Court approves the Settlement and it becomes final.

Exclude Yourself

Get no benefits from the Settlement.  This is the only option that allows you to participate in any other lawsuit against Trustmark about the claims in this case.

Object

Write to the Court if you don’t like the Settlement.

Go to a Hearing

Ask to speak in Court about the fairness of the Settlement.

Do Nothing

You will still receive any automatic payment to which you are entitled, and you will give up your right to participate in further litigation against Trustmark about the claims in this case.

 

·  These rights and options—and the deadlines to exercise them—are explained in the Notice.

·  The Court in charge of this case still has to decide whether to approve the Settlement.  If it does, and any appeals are resolved, benefits will be distributed to those who qualify.  Please be patient.

The information on this page is only a short summary of your rights and options. For more detailed information about your rights and options, please review the Notice. You may also review the Settlement Agreement, which provides comprehensive information about the Settlement Class Members' rights and options.

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Disclaimer

Please do not contact either Trustmark National Bank or the Court with questions about this Settlement.  Any and all callers will be directed to this website.  If you have questions, please refer to the FAQs and other information posted here, or contact the Settlement Administrator by calling 1-877-625-9442 or writing to Trustmark Overdraft Settlement, P.O. Box 3046, Faribault, MN 55021-2646.

This site is not operated by Trustmark National Bank.  This class action Settlement is supervised by the Court and is administered by an administration firm that handles all aspects of claims processing.  Trustmark National Bank is not authorized to respond to questions from members of the Settlement Class regarding the Settlement.

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