Scott v. Mazuma Credit Union

Welcome to the Scott v. Mazuma Credit Union Settlement Website

If you were assessed a Challenged Fee¹ by Mazuma Credit Union, you could get a payment and/or other benefits from a class action settlement.

  • The settlement relates to certain fees (defined in footnote 1 below) that Mazuma Credit Union (“Defendant”) charged from September 1, 2018, through December 31, 2024. If you were charged such a fee and are a Missouri citizen, you are a member of the Settlement Class.
  • Class Members who do nothing will automatically receive a check or account credit as part of the settlement. Such payments and credits will be from the Net Settlement Fund and will be based on a percentage of the amount of Challenged Fees you paid. The amounts of such payments and credits will be determined by an independent settlement administrator and not by Defendant.
  • Your legal rights are affected, so please read this notice carefully.

¹ “Challenged Fees” means: (1) Overdraft fees incurred during the Class Period, and not otherwise refunded, on debit card transactions authorized on sufficient funds and settled on negative funds in the same amount for which the debit card transaction was authorized (“APSN Fees”); and (2) Overdraft fees and NSF fees incurred during the Class Period, and not otherwise refunded, on an item that had previously incurred an NSF Fee (“Retry Fees”).

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

  • These rights and options—and the deadlines and procedures for exercising them—are explained in this notice.

DO NOTHING

Automatically receive a settlement check or account credit once the settlement is finally approved. Give up the right to bring a separate lawsuit about the same issues.

EXCLUDE YOURSELF

Get no benefits from the settlement. Keep the right to bring a separate lawsuit about the same issues at your own expense.

OBJECT

Write to the Court about why you don’t like the settlement. If the settlement is approved, you will still automatically receive a check or account credit and give up the right to bring a separate lawsuit about the same issues.