Generations Federal Credit Union data breach class action settlement

Generations Federal Credit Union (GFCU) has agreed to a class action lawsuit settlement to resolve claims it failed to protect consumers from a 2022 data breach.

The settlement benefits individuals who received a written notification from Generations Federal Credit Union informing them that their personal information was potentially compromised in a data breach between Dec. 13 and 15, 2022.

According to the data breach class action lawsuit that this settlement resolves, Generations Federal Credit Union failed to protect consumers from a 2022 data breach that occurred between Dec. 13 and 15, 2022. The breach allegedly compromised sensitive information, such as Social Security numbers, financial account numbers and more.

Generations Federal Credit Union is a Texas-based credit union that offers banking services to members.

Generations Federal Credit Union has not admitted any wrongdoing but agreed to pay an undisclosed sum to resolve the data breach class action lawsuit.

Under the terms of the Generations Federal Credit Union settlement, class members can receive up to $500 for out-of-pocket expenses, such as bank fees, communication charges and travel expenses, and up to four hours of lost time at a rate of $20 per hour.

Class members who experienced extraordinary losses as a result of the data breach can receive additional compensation of up to $4,500 for documented monetary losses.

All class members are eligible for two years of free three-bureau credit monitoring and identity theft protection services with at least $1 million in identity theft insurance.

Generations Federal Credit Union also agreed to implement security-related improvements to better protect consumer data.

The deadline for exclusion and objection is Sept. 30, 2025.

The final approval hearing for the Generations Federal Credit Union data breach settlement is scheduled for Jan. 20, 2026.

To receive settlement benefits, class members must submit a valid claim form by Sept. 15, 2025.

Who’s Eligible

Consumers who reside in the United States and were mailed a written notification by Generations Federal Credit Union that their personal information was potentially accessed, viewed and/or obtained as a result of a data breach that occurred between Dec. 13 and Dec. 15, 2022.

Potential Award

Up to $5,000 for documented losses, plus credit monitoring.

Proof of Purchase

Documentation of losses, such as bank statements, phone bills, postage receipts and gas receipts, among others.

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

09/15/2025

Case Name

Davis v. Generations Federal Credit Union, Case No. 2023-CI-17034, in the 131st Judicial District Court for Bexar County, Texas

Final Hearing

01/20/2026

Settlement Website

GFCUDataSettlement.com

Claims Administrator

GFCU Data Settlement
P.O. Box 25226
Santa Ana, CA 92799
833-360-6879

Class Counsel

Lynn A. Toops
COHENMALAD LLP

Defense Counsel

Michelle R. Gomez
BAKER HOSTETLER LLP