"Bank of America agreed to pay $2.25 million via its class action lawsuit related to ATM fees at 7-Eleven locations. The class action lawsuit Schertzer, et al. v Bank of America, N.A., et al. alleged that the bank charged exorbitant ATM fees at transactions at FCTI Inc. ATMs, according to a report by WFTV. Both parties agreed to settle out of court, with Bank of America denying any wrongdoing. The lawsuit alleged that the bank would charge customers two out-of-network fees for balance inquiries."