Carter Federal Credit Union data incident settlement

Carter Federal Credit Union has settled a lawsuit over a cyberattack beginning on or about June 25, 2025 that the notice says reached names, Social Security numbers, ID numbers and financial information. The class is everyone whose information was compromised in that incident, so if the credit union wrote to you, you may be eligible for a flat $50 payment with no documents, or instead reimbursement of up to $2,500 in documented losses, plus three years of financial monitoring. Claims close November 19, 2026, and the court decides whether to approve the settlement on November 30, 2026. Filing on the official settlement site is free, and only the administrator and the court decide who is paid.

Official claim page Official notice

When the money moves

What the official materials say about the payment schedule for this settlement, and what the administrator has published since. Every figure below is linked to the page it was read from.

Expected

The notice says payments are distributed only after the court approves the settlement at the November 30, 2026 hearing and any appeals are resolved, and gives no distribution date.

Read off the official notice, in its own words. These dates slip — an appeal can move a distribution by a year or more — so treat it as the administrator's plan rather than a schedule.

Source: the official notice ↗

Facts from the official materials

Status: Open
Type: Class-action settlement
Category: Data breach
Defendant / company: Carter Credit Union, doing business as Carter Federal Credit Union
Administrator: CCU Data Settlement Administrator (Simpluris)
Claim deadline: November 19, 2026
Eligibility period: From June 25, 2025
States: See official notice (often nationwide)
Proof: Notice ID / PIN from the official letter or email may be required
Possible amount: About $50 (not guaranteed)
Source confidence: high
Last verified: September 29, 2026

Covered services

Carter Federal Credit Union

Ellis, et al. v. Carter Credit Union d/b/a Carter Federal Credit Union · 662980-C · 1st Judicial District Court, Parish of Caddo, Louisiana

The no-documentation option is a flat $50. Instead of it, a class member may claim up to $2,500 in documented out-of-pocket losses traceable to the incident between June 25, 2025 and November 19, 2026, supported by bank statements or receipts. Three years of CyEx Financial Shield Complete monitoring with $1 million of fraud insurance is also offered and needs no documents to enrol. The online form opens only with a LoginID and PIN from the mailed notice; a paper form can be mailed instead. Amounts are estimates from the notice, not guaranteed payments.

Important dates

Claim deadline: November 19, 2026
Opt-out deadline: October 20, 2026
Fairness hearing: November 30, 2026

Why this case happened

The lawsuit concerns a cyberattack on Carter Credit Union beginning on or about June 25, 2025 that the notice says reached files containing names, addresses, Social Security numbers, driver's licence and government ID numbers and financial information. The credit union denies the claims and the court has not decided them.

Eligibility questions

These questions help you decide whether to read the official notice. They are not a legal determination.

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