Federal Judge Dismisses Part Of Consumers' ATM Fees Complaint

NEWARK, N.J. - A federal judge in New Jersey on Oct. 21 dismissed part of a consumers' suit alleging that Investors Bank violated the Electronic Funds Transfer Act's (EFTA) ATM fees notice provisions, finding that an amendment to the EFTA extinguishes their cause of action arising from notices placed on the machine (Angel Gonzalez, et al. v. Investors Bank, et al., No. 12-4084, D. N.J.; 2013 U.S. Dist. LEXIS 151219).

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