Susquehanna Bancshares (SUSQ) in Lititz, Pa., has settled a lawsuit with customers who challenged the $18 billion-asset company's overdraft fees.

Susquehanna, without admitting wrongdoing, agreed to pay about $3.7 million to settle the litigation. Consumers have sued dozens of banks, claiming that they wrongfully reordered debit card processing, in order to maximize fee revenue. More than a dozen banks have settled or are seeking court approval of settlements, and some plaintiffs have voluntarily dismissed claims against other banks.

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