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$1.7M Navy Federal Credit Union EFTA class action settlement

This settlement is closed. The claim deadline has passed and new claims are no longer being accepted. This page is kept for reference — see settlements that are still open →

By the Class Action Buddy Editorial Team · Last reviewed April 22, 2026

Varies
Max Payout
Dec 18, 2025
Filing Deadline
No
Proof Required?
Navy Federal Credit Union has agreed to pay $1.7 million to settle a class action lawsuit involving the Electronic Fund Transfer Act (EFTA). The lawsuit alleged that the credit union violated federal law by making unauthorized electronic fund transfers from members' accounts. If you're a Navy Federal Credit Union member who experienced unauthorized electronic transfers, you may be eligible for compensation from this settlement. The EFTA protects consumers from unauthorized electronic transactions and requires financial institutions to follow specific procedures when handling electronic transfers.
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Who Was Eligible?

Who the settlement covered:

  • You were a Navy Federal Credit Union member during the relevant time period
  • You experienced unauthorized electronic fund transfers from your account
  • You suffered financial harm as a result of these unauthorized transfers
  • Details about specific dates and eligibility requirements are pending final settlement approval

How Much Did It Pay?

The total settlement fund is $1.7 million, which will be distributed among eligible class members. The exact amount each person receives will depend on factors such as the number of valid claims filed and the extent of damages experienced by each class member. Specific payout amounts per claim are still being determined as part of the settlement approval process.

How this claim was filed

This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.

  • Gather documentation of your Navy Federal Credit Union account and any unauthorized electronic transfers
  • Review the final settlement notice when it becomes available to confirm eligibility details
  • Complete and submit the required claim form by the deadline

Looking for something you can still claim?

This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.

Frequently Asked Questions

What is the deadline to file a claim for the $1.7M Navy Federal Credit Union EFTA class action settlement?

The deadline to file a claim was Dec 18, 2025, and it has passed. Claims are no longer accepted for this settlement.

Did I need proof of purchase for the $1.7M Navy Federal Credit Union EFTA class action settlement?

No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.

What is the Navy Federal Credit Union EFTA settlement about?

This $1.7 million settlement resolves claims that Navy Federal Credit Union violated the Electronic Fund Transfer Act by making unauthorized electronic transfers from members' accounts.

How much money can I get from the Navy Federal EFTA settlement?

Individual payout amounts haven't been announced yet. The total settlement is $1.7 million, and payments will depend on how many people file valid claims and the extent of each person's damages.

Do I need proof to file a Navy Federal EFTA settlement claim?

Documentation requirements are still being finalized. You'll likely need records showing your Navy Federal membership and evidence of unauthorized electronic transfers from your account.

Primary source: the official settlement administrator’s website named in the court-approved class notice. We track this settlement from public settlement-notice sources; a single official administrator claim URL was not on file, so confirm the details on the official settlement website before you file.

Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.

This settlement has closed

The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.

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