$7.25M Patelco Credit Union data breach class action settlement

Patelco Credit Union agreed to a $7.25 million class action settlement to resolve claims that it failed to prevent a 2024 data breach.

The Patelco Credit Union settlement benefits individuals whose personally identifiable information was potentially involved in the Patelco Credit Union data breach discovered in June 2024.

According to the class action lawsuit, Patelco failed to prevent a 2024 data breach that compromised sensitive consumer information. The breach was allegedly the result of Patelco’s failure to implement reasonable cybersecurity measures.

Patelco is a credit union based in California with branches around the state.

Patelco has not admitted any wrongdoing but agreed to a $7.25 million settlement to resolve the data breach class action lawsuit.

Under the terms of the Patelco Credit Union class action settlement, class members can receive either a cash payment or a reimbursement for documented losses.

Class members who experienced losses as a result of the Patelco Credit Union data breach can receive up to $5,000 in reimbursement for these losses. These losses can include fraudulent charges, identity theft and credit monitoring costs.

Class members who did not experience losses as a result of the data breach can receive a cash payment of between $100 and $200. Exact payments will vary depending on the number of claims filed with the settlement.

The deadline for exclusion and objection is May 12, 2026.

The final approval hearing for the Patelco Credit Union class action settlement is scheduled for July 1, 2026.

To receive settlement benefits, class members must submit a valid claim form by June 11, 2026.

Who’s Eligible

The class action settlement benefits Individuals whose personally identifiable information was potentially involved in the Patelco Credit Union data breach discovered in June 2024.

Potential Award

Up to $5,000 in documented losses or a cash payout of between $100 and $200.

Proof of Purchase

Documentation of losses, such as bank statements, credit card statements and police reports.

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

06/11/2026

Case Name

Cordell, et al. v. Patelco Credit Union, Case No. 24CV082095, in the Superior Court of California, County of Alameda

Final Hearing

07/01/2026

Settlement Website

PatelcoSettlement.com

Claims Administrator

Cordell, et al. v. Patelco Credit Union Settlement
c/o Angeion Group
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
[email protected]
866-762-4142

Class Counsel

Scott Edward Cole
COLE & VAN NOTE

M. Anderson Berry
CLAYEO C. ARNOLD APC

Amber L. Schubert
SCHUBERT JONCKHEER & KOLBE LLP

Defense Counsel

Gilbert S. Keteltas
BAKER & HOSTETLER LLP