Author: Brian Lund
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Anyone charged a surcharge at a non-bank ATM since October 2007 and not reimbursed by their bank is in a Visa and Mastercard class with a February 10, 2027 claim deadline
A $167.5 million settlement over fees charged at independent ATMs is now taking claims, and the deadline is February 10, 2027. Visa and Mastercard are the two companies paying into it. The case, Burke v. Visa, covers people who paid a surcharge to withdraw cash at a non-bank ATM at any point from October 24,…
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New Jersey’s maximum tip credit stays at $9.87 an hour on January 1 while the tipped cash wage rises to $6.61
New Jersey’s maximum tip credit stays at $9.87 an hour when the state’s new wage rates start on January 1, 2027, even as the minimum cash wage for tipped workers rises from $6.05 to $6.61. The state’s Department of Labor and Workforce Development announced the figures on September 29, 2026, in a press release that…
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New York’s tipped food-service workers stay at $11.35 an hour downstate and $10.70 upstate on January 1
New York’s tipped food-service workers will not get a raise in their base pay on January 1. The state Labor Department’s minimum wage page lists the cash wage for tipped food-service workers at $11.35 an hour in New York City, Long Island and Westchester, and $10.70 an hour in the rest of the state, and…
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The NCUA pays unclaimed credit-union deposits in full only for 18 months
When the National Credit Union Administration liquidates a credit union, it pays claims on unclaimed deposits at their full insured amount only during an 18-month window. The NCUA’s unclaimed deposits page says share accounts claimed within that insurance period are paid in full. After the 18 months, the money is no longer insured. The page…
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Direct Express cardholders move to Fifth Third and must set a new four-digit PIN
Direct Express cardholders are moving to a new bank. Fifth Third Bank is replacing Comerica Bank as the financial agent for the prepaid card that many people use to receive Social Security and other federal benefits, and each cardholder gets a new Fifth Third card. Direct Express says the new card has to be set…
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Federal employees have to re-enroll in FSAFEDS for 2027 because participation does not carry over, and a new FSAFEDS card is offered for 2027
Federal employees who want a flexible spending account in 2027 have to sign up again. The Office of Personnel Management says participation in FSAFEDS, the federal FSA program, does not automatically continue from year to year, and current participants must re-enroll for Benefit Year 2027. The window is Open Season, which runs November 9 to…
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A federal worker with family coverage pays about $328 a paycheck in 2027 toward a $1,171.97 premium, with the government covering $843.82
A federal worker with family coverage will pay about $328.15 every two weeks in 2027 toward the Federal Employees Health Benefits program, the Office of Personnel Management’s new premium table shows. The program-wide average for Self and Family coverage is $1,171.97 per biweekly pay period, and the government covers $843.82 of it. The worker’s share…
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Former Bank of America workers in California, New York and Illinois have until November 27 to dispute their unused vacation payout, and 120 days to cash the check when it lands
A $4.28 million settlement over unused vacation pay is headed to former Bank of America employees, and the money arrives by mail without a claim form. The catch is timing: anyone who thinks the company’s vacation records are wrong has to say so in writing by November 27, and the check, once it comes, has…
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A Maryland man is charged with redirecting the bank mail of more than 40 seniors averaging 81 and ordering debit cards in their names
A Hyattsville, Maryland, man is accused of changing the mailing addresses on the bank accounts of more than 40 seniors, ordering debit cards in their names and using them for more than 1,500 ATM withdrawals. Roy Dave Davis, 34, was charged with bank fraud by criminal complaint, the U.S. Attorney’s Office for the District of…
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Maximum railroad unemployment benefit rates are projected to rise from $99 to $159 by 2036, the Railroad Retirement Board says
The most a laid-off railroad worker can collect in unemployment benefits is expected to climb by about 61 percent over the next decade. The Railroad Retirement Board says maximum benefit rates are projected to go from $99 in 2025 to $159 in 2036, according to its September 2026 question-and-answer release on its annual financial reports.…