Licking County Overdraft Settlement

A $510k Settlement has been reached in a class action lawsuit filed against Park National Bank (“Defendant”). The Plaintiff filed this lawsuit asserting claims against Defendant for breach of contract, including breach of the covenant of good faith and fair dealing, and unjust enrichment based on Defendant's alleged practices of assessing overdraft fees (“OD Fees”) in connection with debit card transactions that were authorized with a positive account balance, but purportedly settled with a negative account balance (the “APPSN Claims” or “the claims”). This is where a bank assesses an overdraft fee on a transaction that overdraws the account when it clears, although the transaction was previously authorized against sufficient available funds.

Defendant denies these legal claims. The Court has not decided who is right.

You are a “Settlement Class Member” if you come under the following Settlement Class definition:

APPSN Class: All Account holders who were charged one or more APPSN Fees during the Settlement Class Period.

If you are a Settlement Class Member, you do not need to do anything to receive a payment from the Settlement Fund so long as you do not opt out of or exclude yourself from the Settlement. Current customers of Defendant will receive a credit to their accounts for the amount they are entitled to receive. Former customers of Defendant shall receive a check from the Settlement Administrator. Class Members entitled to Overdraft Forgiveness shall receive this benefit automatically.

Your legal rights will be affected whether you act or do not act. You should read the entire Notice (or the information on this website) carefully.

Your Legal Rights and Options in This Lawsuit

Do Nothing	If you don’t do anything, you will receive a payment from the Settlement Fund so long as you do not opt out of or exclude yourself from the Settlement (described below).
Object to the Settlement Postmarked by: August 5, 2025	You can file an objection with the Court explaining why you believe the Court should reject the Settlement. If your objection is overruled by the Court, then you may receive a payment and/or Overdraft Forgiveness and you will not be able to sue Defendant for the claims asserted in this litigation. If the Court agrees with your objection, then the Settlement may not be approved.
Exclude Yourself from the Settlement Postmarked by: August 5, 2025	You can choose to exclude yourself from the Settlement or “opt out.” This means you choose not to participate in the Settlement. You will keep your individual claims against Defendant, but you will not receive a payment for relevant fees and/or Overdraft Forgiveness. If you exclude yourself from the Settlement but want to recover against Defendant, you will have to file a separate lawsuit or claim.
Go to the Final Approval Hearing September 5, 2025	You may attend the Final Approval Hearing where the Court may hear arguments concerning approval of the Settlement. If you wish to speak at the Final Approval Hearing, you must make a request to do so in your written objection or comment. You are not required to attend the Final Approval Hearing.