Fairmont Federal Credit Union Settlement: $1.7M+ Deal Resolves Lawsuit Over 2023 Data Breach

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Fairmont Federal Credit Union has agreed to a more than $1.7 million class action settlement to resolve a lawsuit that alleged the financial institution failed to adequately protect private information from a data breach that occurred between September and October 2023.

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The $1,783,857.64 Fairmont Federal Credit Union class action settlement received preliminary approval from the court on September 22, 2026. Eligible for the settlement are all individuals in the United States whose private information was potentially impacted in the data breach publicly disclosed by Fairmont Federal Credit Union on or around April 30, 2025.

Court documents state that approximately 187,038 people are included in the settlement class.

The court-authorized Fairmont Federal Credit Union data breach settlement website can be found at FFCUDataSettlement.com.

Class members who file a timely, valid claim form can receive up to $7,500 for documented out-of-pocket losses incurred between September 30, 2023 and December 18, 2026 due to the data breach. This benefit covers unreimbursed data-breach-related monetary losses and costs for credit reports, credit monitoring, identity theft insurance products, bank fees, long-distance phone charges, postage, and more.

Class members must submit proof, such as receipts or credit card statements, to receive a documented-loss payment.

Additionally, class members can file a claim form to receive reimbursement for up to four hours of lost time spent remedying issues related to the data incident, at a rate of $35 per hour.

In lieu of any other cash benefit, class members can submit a claim form to receive an alternative cash payment of up to $150, with no proof required.

The final amount of each class member’s alternative cash payment may be adjusted on a pro rata (proportional) basis depending on the total number of valid claims filed, among other factors.

Lastly, all class members can elect on their claim form to receive three years of one-bureau credit monitoring and identity restoration services, which include identity theft insurance.

To file a Fairmont Federal Credit Union settlement claim form online, class members can visit this page and enter the class member ID found on their copy of the settlement notice. Alternatively, class members can download a PDF claim form to print, complete, and return by mail to the settlement administrator.

All Fairmont Federal Credit Union settlement claim forms must be submitted online or postmarked by December 18, 2026.

The court will determine whether to grant final approval to the Fairmont Federal Credit Union class action settlement following a hearing on February 8, 2027. Settlement benefits will begin to be made available to class members only after final approval has been granted and any appeals have been resolved.

The Fairmont Federal Credit Union class action lawsuit alleged that the regional financial institution, which has nine branches across West Virginia, failed to adequately protect its servers from a data breach that occurred between September 30 and October 18, 2023.

Court documents state that personal information that may have been compromised in the data incident included names, Social Security numbers, driver’s license or state ID numbers, and protected health information.

Did you know that some class action settlements require no proof to submit a claim? Check out the latest class action settlements.