First Commonwealth Federal Credit Union (FCFCU), a Pennsylvania-based credit union serving members in Pennsylvania and Ohio, agreed to a $1.2 million settlement after a data breach exposed sensitive consumer information. According to the claims, the incident involved personal identifiers and financial details—such as names, Social Security numbers, driver’s license numbers, and account-related data—information that can be especially valuable for identity theft and fraud. In the wake of major breaches across banking and consumer finance, credit unions and banks have faced growing scrutiny because they hold “high-impact” data and are expected to maintain strong safeguards that match the risk. The lawsuit, *Maciejczyk v. First Commonwealth Federal Credit Union* (Lehigh County, PA), was filed by affected consumers who argue FCFCU could have prevented or reduced the breach through reasonable cybersecurity measures and that the exposure created real harms and future risk. Without admitting wrongdoing, FCFCU’s settlement offers compensation options that reflect common breach-settlement structures: up to $5,000 for documented out-of-pocket losses tied to the incident (with third-party documentation), or a $100 cash payment for those without documented losses, plus three years of credit monitoring with identity theft support and $1 million in insurance coverage. Beyond the dollar amounts, the case is significant because it underscores how plaintiffs increasingly use class actions to push financial institutions to treat cybersecurity as a core duty of care, not just an IT function. More broadly, the settlement fits into a wave of data-breach class actions where consumers claim that exposure alone—paired with time spent monitoring accounts, fees, or fraudulent activity—warrants relief, even when immediate theft isn’t proven for every class member. The financial services industry operates under a patchwork of expectations and rules, including the FTC’s Safeguards Rule for “financial institutions,” the Gramm-Leach-Bliley Act’s requirements to protect customer information, state data-breach notification laws, and, for credit unions, the NCUA’s cybersecurity and incident-response expectations, all of which have been tightening in practice as regulators react to escalating cyber threats. As deadlines approach (claim deadline Feb. 18, 2026; final approval hearing March 5, 2026), the case serves as another example of how breaches can translate into both regulatory pressure and civil liability when sensitive member data is exposed.