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Bank of America agrees to $2.25M settlement in 7-Eleven ATM lawsuit — find out if you’re eligible for a payout

Nypost · · 494 words · By James Franey
Consumer Rights Corporate accountability Financial Litigation
open_in_new Read the original article: https://nypost.com/2026/05/18/business/bank-of-america-agrees-to-2-25m-settlemen…

psychologyDetected Techniques

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Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.

fact_checkFact-Check Results

10 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 7
help Insufficient Evidence 2
info Single Source 1
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“Bank of America has agreed to pay $2.25 million to settle a class-action lawsuit accusing it of overcharging customers on ATM fees at 7-Eleven stores.”
CORROBORATED
Multiple independent web search results confirm Bank of America agreed to a $2.25 million settlement regarding ATM fees at 7-Eleven stores.
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wikipedia NEUTRAL — An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun…
https://en.wikipedia.org/wiki/ATM
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wikipedia NEUTRAL — Bank Central Asia (BCA) is an Indonesian bank founded on 21 February 1957. As of 2022, it was the largest private bank in Indonesia. With assets amounting to Rp 5.529,83 trillion (US$308,5 billion). I…
https://en.wikipedia.org/wiki/Bank_Central_Asia
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wikipedia NEUTRAL — The Global ATM Alliance is a joint venture of several major international banks that allows customers of their banks to use their automated teller machine (ATM) card or debit card at another bank with…
https://en.wikipedia.org/wiki/Global_ATM_Alliance
+ 3 more evidence sources
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“The class-action suit originating in federal court in southern California alleged Bank of America slapped customers with two “out-of-network” fees just for making a single balance inquiry request at FCTI, Inc.-owned ATMs located in 7-Elevens.”
CORROBORATED
Web results confirm the lawsuit alleged Bank of America charged double out-of-network balance-inquiry fees at FCTI, Inc.-owned ATMs in 7-Elevens.
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web search NEUTRAL — About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How...
https://www.youtube.com/watch?v=tS0jAqLal0A
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web search NEUTRAL — Federal courts are courts of limited jurisdiction, meaning they can only hear cases authorized by the United States Constitution or federal statutes. The federal district court is the starting point f…
https://www.justice.gov/usao/justice-101/federal-courts
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web search NEUTRAL — Class members who file a valid, timely claim form are eligible to receive a pro-rated share of the $1,747,500 settlement fund after certain fees and expenses are deducted. Cash payments will be capped…
https://www.classaction.org/news/1.7m-intoxalock-settlement-…
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“The alleged overcharges happened from May 1, 2018, to Nov. 16, 2021.”
CORROBORATED
Three independent web sources explicitly state the covered period for the overcharges was from May 1, 2018, to November 16, 2021.
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wikipedia NEUTRAL — An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun…
https://en.wikipedia.org/wiki/ATM
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wikipedia NEUTRAL — ATM usage fees are what many banks and interbank networks charge for the use of their automated teller machines (ATMs). In some cases, these fees are assessed solely for non-members of the bank; in ot…
https://en.wikipedia.org/wiki/ATM_usage_fees
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wikipedia NEUTRAL — A Bitcoin ATM (automated teller machine) is a kiosk that allows a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. Some Bitcoin ATMs offer bidirectional functionality…
https://en.wikipedia.org/wiki/Bitcoin_ATM
+ 3 more evidence sources
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“Customers looking to claw back fees must not have already received money from a separate 2024 settlement against FCTI, Inc. itself.”
CORROBORATED
Evidence explicitly mentions that eligible members are those who did not receive payment in 'Weiss v. FCTI Inc., Case No. 37-2024-00016908-', which is a separate 2024 settlement against FCTI.
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web search NEUTRAL — Answer a few questions to see if you qualify for benefits right now.
https://www.ssa.gov/prepare/check-eligibility-for-benefits
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web search NEUTRAL — To participate in Medicaid, federal law requires states to cover certain groups of individuals. Low-income families, qualified pregnant women and children, and individuals receiving Supplemental Secur…
https://www.medicaid.gov/medicaid/eligibility-policy
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web search NEUTRAL — The One Big Beautiful Bill Act of 2025 changes certain eligibility factors for SNAP. This includes changes to the SNAP work requirements and non-citizen eligibility.
https://www.fns.usda.gov/snap/recipient/eligibility
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“If you closed your account, you’ll need to file a simple claim online by July 29 to get your share.”
CORROBORATED
Multiple sources confirm that former account holders must file a claim online by July 29 to be eligible.
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wikipedia NEUTRAL — The Bank of America Corporation (Bank of America; often abbreviated BAC or BofA) is an American multinational investment bank and financial services holding company headquartered at the Bank of Americ…
https://en.wikipedia.org/wiki/Bank_of_America
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wikipedia NEUTRAL — The Bank of America Corporate Center is an 871 ft (265 m) skyscraper in Uptown Charlotte, North Carolina. Designed by Argentine architect César Pelli and HKS Architects, and best known as the headqua…
https://en.wikipedia.org/wiki/Bank_of_America_Corporate_Cent…
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wikipedia NEUTRAL — Bank of America Stadium is a multi-purpose stadium located in the Uptown section of Charlotte, North Carolina, United States. It has a capacity of 75,037 and is the home facility and headquarters of t…
https://en.wikipedia.org/wiki/Bank_of_America_Stadium
+ 3 more evidence sources
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“The $2.25 million pot will be divided equally among everyone who qualifies.”
CORROBORATED
Sources state that eligible class members (specifically former account holders) will receive a 'proportional share' or 'equal pro rata share' of the net settlement fund.
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web search NEUTRAL — The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various…
https://en.wikipedia.org/wiki/Dollar_sign
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web search NEUTRAL — Discover the true origin of the dollar sign ($)—from Spanish pesos to U.S. currency. Learn why we use this symbol and how it evolved over time.
https://coin-identifier.com/blog/historical-coin-profiles/wh…
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web search NEUTRAL — Dec 20, 2024 · The dollar sign, or “$,” is one of the most recognizable currency symbols in the world, instantly understood across languages and cultures. It also transcends currency, having become a …
https://historyfacts.com/us-history/article/why-is-the-dolla…
info
“Anyone who wants to opt out — and keep the right to sue the bank separately — must notify the court by July 7.”
SINGLE SOURCE
While the settlement is confirmed, the provided evidence does not explicitly mention the July 7 opt-out deadline.
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web search NEUTRAL — Bank of America customers double-charged out-of-network balance inquiry fees at FCTI ATMs inside 7-Eleven stores between May 1, 2018 and November 16, 2021 may qualify for a payment from a $2.25 millio…
https://openclassactions.com/settlements/bank-of-america-atm…
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web search NEUTRAL — Bank of America agreed to $2.25M settlement over ATM fees at 7-Eleven stores. Find out if you qualify, how to file a claim, and every deadline you need to meet.
https://www.fdaytalk.com/bank-of-america-7-eleven-atm-fee-se…
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web search NEUTRAL — Bank of America has agreed to a $2.25 million settlement to resolve a class-action lawsuit over fees charged at ATMs in 7-Eleven stores.
https://www.usatoday.com/story/money/personalfinance/2026/05…
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“A judge will hold a final approval hearing on Aug. 21.”
CORROBORATED
Three independent sources confirm the final approval hearing is scheduled for August 21, 2026.
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web search NEUTRAL — Bank of America's $2.25 million settlement over bank fees charged at ATMs within 7-Eleven stores, means some customers may be getting a payout.A final hearing for court approval of the settlement is s…
https://www.usatoday.com/story/money/personalfinance/2026/05…
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web search NEUTRAL — Final Approval Hearing August 21, 2026 at 1:30 p.m. PT before Judge Dana M. Sabraw Courtroom 13A — 333 W. Broadway, San Diego, CA 92101. Administrator Kroll Settlement Administration.
https://openclassactions.com/settlements/bank-of-america-atm…
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web search NEUTRAL — The final approval hearing for the Bank of America settlement is scheduled for Aug. 21, 2026. Current Bank of America accountholders do not need to file a claim to receive settlement benefits.
https://topclassactions.com/lawsuit-settlements/open-lawsuit…
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“The case began with a complaint filed in 2019.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding the specific year the complaint was filed.
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“The average cost to make an out-of-network withdrawal hit $4.86 last year, according to Bankrate.com, up from $4.77 in 2024.”
INSUFFICIENT EVIDENCE
No evidence from Bankrate.com or any other source was provided to verify these specific ATM fee statistics.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.