Patelco Credit Union Data Breach Settlement

Individuals whose personally identifiable information was potentially involved in the Patelco Credit Union data breach discovered in June 2024.

Documentation of losses (bank statements, credit card statements, police reports) required for reimbursement claims; no proof needed for base cash payment.

About This Settlement

In June 2024, Patelco Credit Union — a California-based credit union with branches across the state — discovered a data breach that compromised the personally identifiable information of its members. A class action lawsuit, Cordell, et al. v. Patelco Credit Union, alleged that Patelco failed to implement reasonable cybersecurity measures, leaving sensitive consumer data vulnerable to unauthorized access.

The compromised information reportedly included names, Social Security numbers, financial account details, and other personal data. Plaintiffs argued that Patelco's inadequate security practices directly led to the breach and the resulting harm to affected individuals, including risks of identity theft and fraudulent charges.

While Patelco has not admitted any wrongdoing, the credit union agreed to a $7.25 million class action settlement to resolve all claims related to the data breach. The settlement provides monetary relief to affected class members through either documented loss reimbursement or a base cash payment.

Who Qualifies

• Individuals whose personally identifiable information was potentially involved in the Patelco Credit Union data breach discovered in June 2024
• You should have received a notice from the settlement administrator if you are a class member
• The settlement is available nationwide — you do not need to reside in California to qualify

What You May Receive

The $7.25 million settlement fund provides two tiers of compensation. Class members who experienced documented losses as a result of the data breach — including fraudulent charges, identity theft costs, and credit monitoring expenses — can claim reimbursement of up to $5,000. Supporting documentation such as bank statements, credit card statements, and police reports is required for these claims.

Class members who did not experience documented losses can still receive a base cash payment of between $100 and $200. The exact amount will depend on the total number of valid claims filed. No documentation is required for the base cash payment.

How to File a Claim

1. Visit the official settlement website at PatelcoSettlement.com to access the claim form
2. Verify your eligibility by confirming your personal information was involved in the June 2024 data breach
3. Choose your claim type: documented loss reimbursement (up to $5,000 with proof) or base cash payment ($100–$200 with no proof required)
4. If claiming documented losses, gather and upload supporting documentation such as bank statements, credit card statements, or police reports
5. Submit your completed claim form by June 11, 2026

Case Details

Case: Cordell, et al. v. Patelco Credit Union, Case No. 24CV082095 Court: Superior Court of California, County of Alameda Claim Deadline: June 11, 2026 Opt-Out Deadline: May 12, 2026 Final Hearing: July 1, 2026 Settlement Website: PatelcoSettlement.com