Wintrust Financial Corporation Faces Lawsuit Over Improper Overdraft Fees
Cohen & Malad, LLP attorneys filed a lawsuit on behalf of a Town Bank customer against Wintrust Financial Corporation, which alleges that Wintrust improperly charges overdraft fees to checking accounts that were never actually overdrawn. The lawsuit seeks to reimburse these customers the overdraft fees that were improperly charged and to stop the bank from charging these fees to its customers. The lawsuit also seeks to represent other banks owned and operated by Wintrust that engage in the same improper conduct, including the following:
Barrington Bank & Trust Company, N.A. (Hanover Park Community Bank, Hoffman Estates Community Bank, and Palatine Bank & Trust)
Beverly Bank & Trust Company, N.A. (First National Bank of Evergreen Park, Hyde Park Bank, Oak Lawn Bank & Trust, and Pullman Bank & Trust)
Crystal Lake Bank & Trust Company, N.A. (Algonquin Bank & Trust, Cary Bank & Trust, McHenry Bank & Trust)
Hinsdale Bank & Trust Company (Clarendon Hills Bank, Community Bank of Downers Grove, The Community Bank of Western Springs, Community Bank of Willowbrook, Elmhurst Bank & Trust, Proviso Community Bank, and Riverside Bank)
Lake Forest Bank & Trust Company (Bank of Highwood-Fort Sheridan, Highland Park Bank & Trust, and North Chicago Community Bank)
Libertyville Bank & Trust Company (Gurnee Community Bank, Mundelein Community Bank, Vernon Hills Bank & Trust, and Wauconda Community Bank)
Northbrook Bank & Trust Company (Buffalo Grove Bank & Trust, Deerfield Bank & Trust, Glenview Bank & Trust, and Northview Bank & Trust)
Old Plank Trail Community Bank, N.A. (New Lenox) (Dyer Bank & Trust, First National Bank of Illinois, Joliet Bank & Trust, Orland Park Bank & Trust, Plainfield Bank & Trust, Shorewood Bank & Trust, South Holland Bank & Trust)
St. Charles Bank & Trust Company (Aurora Bank & Trust, Elgin State Bank, and Geneva Bank & Trust)
Schaumburg Bank & Trust Company, N.A. (Bloomingdale Bank & Trust, Elk Grove Village Bank & Trust, Roselle Bank & Trust, and Wood Dale Bank & Trust)
State Bank of the Lakes
Village Bank & Trust
Wheaton Bank & Trust Company (Glen Ellyn Bank & Trust and Naperville Bank & Trust)
Wintrust Bank (North Shore Community Bank & Trust)
If you would like additional information about this lawsuit, contact us. Our class action attorneys can advise you of your legal rights and options.