OKLAHOMA CITY, Okla.—The $2.3-billion Communication Federal Credit Union has agreed to a $2.9-million settlement following a class-action lawsuit tied to a data breach that occurred between late December 2023 and early January 2024, ClassAction.org reported.
The incident involved unauthorized access to the credit union’s systems and potentially exposed member information.
According to court filings, the breach may have compromised sensitive personal data, including names, birthdates, addresses, Social Security numbers, driver’s license details, and certain financial account information. Communication Federal CU previously notified affected individuals after the incident was discovered and investigated.
The settlement received preliminary court approval on Aug. 21, 2025, and covers U.S. residents who were notified that their information may have been exposed in the breach. A final approval hearing is scheduled for Jan. 7, 2026, ClassAction.org reported.
Communication FCU has not admitted wrongdoing as part of the settlement but said it continues to take steps to strengthen data security and protect members’ information. Compensation to affected individuals will begin once the settlement receives final court approval and any appeals are resolved, ClassAction.org said.