"D.C. workers receiving unemployment shouldn’t lose money for our error, that’s adding insult to injury."
In the second-to-last week of February, about 39,000 people collecting unemployment benefits were fined overdraft fees for missing a payment. The hitch? It was because of a technical glitch at the D.C. Department of Employment Services.
Now, Bank of America, Capital One, and Wells Fargo will refund those overdraft fees.
At-Large Councilmember Elissa Silverman said in a statement on Friday, "D.C. workers receiving unemployment shouldn’t lose money for our error, that’s adding insult to injury. It wasn’t the fault of our unemployment claimants that the money wasn’t in their accounts; it was the District’s error, and they shouldn’t have to pay a penalty for that."
Silverman went on to tweet:
My office asked the banks with the biggest share of the personal banking market to waive/refund overdraft charges and I hope other banks including our local banks will follow suit. Many thanks to @rosenamy for being dogged on this issue. Money is tight for those on unemployment. https://t.co/epWkxs66hn— Elissa Silverman (@tweetelissa) February 27, 2021
Bank of America clients do not need to contact their bank, according to Silverman's statement. Nonsufficient funds and overdraft fees will be automatically refunded. Wells Fargo and Capital One clients are being asked to "contact their local branch to have the fee waived." Also, according to WTOP News, "Benefit recipients affected by the missed unemployment payments can also call Silverman’s office for assistance, at (202) 724-7772."
Do you know anyone affected by the late payments? Make sure to share this information with them, and let us know your thoughts in the comments.