Rita Grenier and Edwin Grenier, Individually and on Behalf of All Others Similarly Situated v. P Granite State Credit Union, Does 1 through 5

# Granite State Credit Union Settlement Summary ## What Happened Customers of Granite State Credit Union sued the bank, claiming it violated federal law by not clearly explaining how it calculated overdraft fees. Rita and Edwin Grenier brought the case on behalf of roughly 1,229 customers who were charged these fees during the time period in question. ## What the Court Decided A federal court in New Hampshire approved a settlement agreement between the customers and the credit union. While no specific damages amount was reported in the court documents, the settlement resolves the customers' claims that the bank failed to properly disclose its overdraft fee practices. ## Why This Matters This case is important because it reinforces that financial institutions must be transparent about fees. When banks don't clearly explain how they charge overdraft fees, customers may unknowingly spend more money than they realize. The settlement sends a message that companies must follow disclosure rules or face legal consequences. If you've been charged unclear fees, you may have rights to challenge them.