William Lyons v. PNC Bank, N.A.

  1. November 25, 2024

    4th Circ. Stands By HELOC 'Offset' Ruling Against PNC

    The full Fourth Circuit has declined to reconsider a panel decision that extended protections under the Truth In Lending Act by barring banks from dipping into a cardholder's deposit account to cover outstanding payments on a home equity line of credit without the borrower's consent.

  2. August 29, 2024

    PNC Asks 4th Circ. To Reconsider HELOC 'Offset' Ban Ruling

    PNC Bank has asked the Fourth Circuit to take another look at its ruling that extended the "offset" provision of the Truth in Lending Act, which prevents banks from using funds held in deposit accounts to offset credit card debt without the consumer's consent, to home equity lines of credit.

  3. August 14, 2024

    4th Circ. Says Credit Card 'Offset' Ban Applies To HELOCs

    Creditors are prohibited from withdrawing funds from a cardholder's deposit account to cover outstanding payments on a home equity line of credit without the borrower's consent, a divided Fourth Circuit panel ruled Wednesday.

  4. May 03, 2024

    4th Circ. Preview: Hemp, Wells And A Withdrawal

    The Fourth Circuit's second session of 2024 will have the court pondering the tension between Virginia's recent hemp restrictions and federal regulations, and how the Truth in Lending Act impacts a case accusing PNC Bank of an unauthorized account withdrawal.

  5. March 16, 2023

    ​​​​​​​PNC Customer Asks 4th Circ. To Revive Home Equity Suit

    A PNC Bank customer asked the Fourth Circuit to reverse a lower court ruling that the bank could withdraw funds from a deposit account without his consent to cover a late payment on his home equity loan.

  6. February 06, 2023

    Bank Group Tells 4th Circ. To Back PNC Over Withdrawal Suit

    A banking trade group told the Fourth Circuit to side with PNC Bank against an appeal over a customer's suit claiming the bank violated the Truth In Lending Act by withdrawing funds from a deposit account to pay off the customer's home equity line of credit, arguing that a HELOC can't be considered a credit card plan regulated under TILA.

  7. January 30, 2023

    PNC Tells 4th Circ. To Nix Borrower's Account Withdrawal Suit

    PNC told the Fourth Circuit to reject a borrower's appeal for his suit accusing the bank corporation of violating the Truth in Lending Act and the Real Estate Settlement Procedures Act when it used his deposit account to pay off his home equity line of credit, arguing that federal regulations of the two acts didn't apply to home equity line of credit plans.

  8. December 01, 2022

    CFPB Urges 4th Circ. To Back PNC Borrower's Class Claim

    The Consumer Financial Protection Bureau told the Fourth Circuit in a neutral amicus brief to reinstate a putative class action claim for a PNC Bank borrower's suit, arguing that the lower court "improperly narrowed" a federal regulation that stops lenders from withdrawing from deposit accounts to cover debts caused by credit card plans.