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Bank Of Hawaii Accused Of Manipulating Overdraft Fees

Date Published
Feb 17, 2011
Publication
Staradvertiser.com

The complaint, filed as a class action Tuesday in state Circuit Court on behalf of Honolulu residents Lodley and Tehani Taulava, accuses Bank of Hawaii of engaging in a systematic policy of re-ordering debit card transactions from highest dollar amount to lowest dollar amount. The suit said this practice allowed the bank to deplete the customer’s available funds as quickly as possible while maximizing the number of overdraft fees…

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