The Flagstar Bank Data Breach Settlement 2026 could provide cash payments, reimbursement for documented losses, and free credit monitoring to eligible consumers affected by two 2021 data breaches. The proposed $31.5 million settlement covers approximately 2.19 million people across the United States, including about 364,000 California residents.
Eligible class members must submit a valid claim by August 11, 2026. Depending on their circumstances, claimants may qualify for reimbursement of documented losses up to $25,000, a residual cash payment, three years of credit monitoring, and an additional California payment of up to $100.
However, simply having a Flagstar Bank account does not automatically make someone eligible. Consumers should confirm that they were identified as being affected before submitting a claim.
Flagstar Bank Data Breach Settlement 2026 at a Glance
Here are the most important details about the Flagstar Bank Data Breach Settlement 2026:
Settlement fund: $31.5 million
Claim deadline: August 11, 2026
Potential documented-loss reimbursement: Up to $25,000
Estimated residual cash payment: Approximately $60, with a maximum of $599
California statutory payment: Up to $100
Credit monitoring: Three years
Number of affected consumers: Approximately 2,187,170
Final approval hearing: October 1, 2026
Official settlement website: https://www.flagstarsettlement.com/
Actual payments will depend on the type of claim, supporting documentation, the number of valid claims submitted, court approval, and the money remaining in the settlement fund.
What Is the Flagstar Bank Data Breach Settlement 2026?
The Flagstar Bank Data Breach Settlement 2026 resolves a class action lawsuit connected to two separate data breaches that occurred in January and December 2021.
The lawsuit alleges that Flagstar Bank failed to use reasonable security measures to protect personal information and did not adequately prevent unauthorized access to consumer data. Flagstar Bank denies the allegations and has not admitted wrongdoing. The bank agreed to the proposed settlement to avoid the expense and uncertainty of continued litigation.
Under the proposed agreement, Flagstar will establish a $31.5 million settlement fund. The fund will be used for eligible consumer benefits, settlement administration expenses, court-approved legal fees, and other approved costs.
Who Qualifies for the Flagstar Bank Data Breach Settlement 2026?
You may qualify for the Flagstar Bank Data Breach Settlement 2026 if Flagstar identified your personal information as being affected by either or both of its 2021 data breaches.
According to the official settlement administrator, notices were sent by email or postal mail to identified class members. The notice should include a unique Settlement Claim ID needed to submit an online claim.
You are most likely eligible if:
You received an official email or postcard about Angus, et al. v. Flagstar Bank, N.A.
The notice states that your personal information was affected by one or both 2021 Flagstar data breaches.
Your notice contains a Settlement Claim ID.
You did not previously exclude yourself from the settlement.
The settlement includes affected consumers throughout the United States. It is not limited to current Flagstar customers. Former customers, mortgage borrowers, employees, or other individuals identified by Flagstar may also be included.
If you are uncertain about your eligibility or cannot find your notice, contact the settlement administrator instead of submitting an unsupported claim.
What If You Lost Your Flagstar Settlement Notice?
Consumers who believe they are eligible but cannot find their email or postcard may contact the settlement administrator.
Phone: 1-855-542-0397
Email: info@FlagstarSettlement.com
Mailing address:
Flagstar Settlement Administrator
P.O. Box 4427
Baton Rouge, LA 70821
Ask the administrator whether you were identified as a class member and how you can obtain your Settlement Claim ID. Do not use a random Claim ID or file a claim using another person’s information.
How Much Can You Receive From the Flagstar Bank Data Breach Settlement 2026?
The Flagstar Bank Data Breach Settlement 2026 offers several possible benefits. An eligible class member may be able to claim one or more benefits, depending on individual circumstances.
- Up to $25,000 for Documented Monetary Losses
Eligible class members may request reimbursement of up to $25,000 for documented out-of-pocket losses fairly traceable to the Flagstar data breaches.
Potentially qualifying losses may include:
Unauthorized or fraudulent charges
Identity-theft-related losses
Professional fees paid to address fraud or identity theft
Credit monitoring expenses
Costs associated with placing or removing a credit freeze
Bank fees or other documented financial costs
Other qualifying expenses connected to the data breaches
Claimants requesting this reimbursement should provide supporting documents. These may include bank or credit card statements, invoices, receipts, tax forms, correspondence, or other records showing the amount and connection to the breach.
The phrase “up to $25,000” does not mean every claimant will receive $25,000. The reimbursement is based on verified losses, supporting documentation, and the settlement administrator’s review.
- Residual Cash Payment
Eligible class members may also request a residual cash payment. The official settlement information estimates this payment at approximately $60, although it could be adjusted based on the number of valid claims and the money remaining in the fund.
The maximum residual cash payment is $599. This amount is not guaranteed. If many people submit valid claims, the final payment may be lower than the estimate.
- Additional Payment for California Residents
California residents affected by the breaches may qualify for an additional statutory payment of up to $100.
Approximately 364,000 California residents are reportedly included in the settlement class. The final California payment may be reduced depending on the number of approved claims and the available settlement funds.
California residents should carefully review the claim form and select every benefit for which they qualify.
- Three Years of Free Credit Monitoring
Eligible class members may claim three years of three-bureau credit monitoring and identity protection services.
Credit monitoring can alert consumers to certain changes appearing on their credit reports. The service may also include identity-theft insurance, dark web monitoring, and assistance following a lost wallet or suspected identity theft.
Consumers interested in this benefit must submit a valid claim by the deadline. Being included in the settlement does not necessarily mean the service will be activated automatically.
How to File a Flagstar Bank Data Breach Settlement 2026 Claim
Filing a Flagstar Bank Data Breach Settlement 2026 claim is free. Eligible class members can submit a claim online or mail a completed paper claim form.
Follow these steps:
Avoid filing through advertisements, social media links, or websites that charge a fee. The official settlement website provides the claim form, court documents, important deadlines, and contact information.
- Select “Submit a Claim”
Choose the “Submit a Claim” option on the official website. You will need the Settlement Claim ID included in your email or postcard notice.
If you lost the notice, contact the settlement administrator before the August 11, 2026 deadline.
- Enter Your Personal Information
Provide the requested information, which may include:
Full legal name
Current mailing address
Email address
Telephone number
Settlement Claim ID
Previous address, if requested
Review all information carefully. An incorrect address or email could delay important notices or payment.
- Choose Your Flagstar Bank Data Breach Settlement 2026 Benefits
Select every benefit for which you qualify. Depending on your situation, these benefits may include:
Reimbursement for documented monetary losses
A residual cash payment
Three years of credit monitoring
An additional statutory payment for qualifying California residents
Do not request losses you did not experience. Claimants must certify that the information submitted is true and correct.
- Upload Supporting Documents
If requesting reimbursement for documented losses, upload clear copies of the records supporting the claim.
Keep the original documents for your records. Do not send original bank statements, receipts, or identity documents by mail unless the settlement administrator specifically requests them.
- Select a Payment Method
The claim form may provide electronic and mailed-payment options. Available options could include ACH, Zelle, or a paper check.
Enter payment information carefully. If your address, email, or payment information changes after filing, use the official settlement website to update it.
- Review and Submit the Claim
Check the entire claim before submitting it. Make sure:
Your name and contact information are correct.
Your Settlement Claim ID is correct.
You selected all applicable benefits.
Your supporting documents are readable.
Your payment information is accurate.
You completed the required certification.
Online claims must be submitted by August 11, 2026.
How to File a Flagstar Bank Data Breach Settlement 2026 Claim by Mail
Consumers who prefer a paper claim can download and print the official claim form:
https://www.flagstarsettlement.com/wp-content/uploads/2026/05/Flagstar_Claim-Form.pdf
Complete the form legibly in blue or black ink, include copies of any required supporting documents, sign the certification, and mail it to:
Flagstar Settlement Administrator
P.O. Box 4427
Baton Rouge, LA 70821
A mailed claim must be completed, signed, and postmarked by August 11, 2026.
Consider keeping a copy of the completed form and supporting documents. It may also be helpful to obtain proof of mailing.
Documents Needed for the Flagstar Bank Data Breach Settlement 2026
The documents you need depend on the benefits you request.
For a residual cash payment or credit monitoring, the claim form generally requires identifying information and the Settlement Claim ID rather than documentation of financial loss.
California residents requesting the additional statutory payment must attest under penalty of perjury that they lived in California at the time of the applicable data breach. Proof of residency is not ordinarily required unless the settlement administrator specifically requests it.
Claimants seeking reimbursement of up to $25,000 for documented losses should submit records demonstrating both the amount of the loss and its connection to one or both Flagstar data breaches.
Possible supporting documents include:
Bank or credit card statements showing unauthorized transactions
Fraud reports or identity-theft reports
Receipts and invoices
Professional service bills
Credit monitoring receipts
Letters or emails concerning fraudulent accounts
Documents showing fees paid to freeze or monitor credit
Tax records connected to identity theft
Police reports or Federal Trade Commission identity-theft reports
Correspondence with a bank, creditor, or government agency
A written explanation can help the settlement administrator understand the claim, but an explanation alone may not be enough to establish a documented monetary loss. Submit the strongest records available and explain how each expense relates to the Flagstar data breaches.
When Will Flagstar Bank Data Breach Settlement 2026 Payments Arrive?
Payments will not be issued immediately after the claim deadline.
The court has scheduled the final approval hearing for October 1, 2026. At that hearing, the court will consider whether the proposed settlement should receive final approval.
Even if the settlement is approved, payments can be delayed by claim reviews, disputes, or appeals. Settlement benefits generally cannot be distributed until the settlement becomes final and the administrator completes the claims process.
There is no guaranteed payment date. Eligible claimants should monitor their email, postal mail, and the official settlement website for updates.
Claimants should also respond promptly if the administrator requests additional information. Failing to answer a deficiency notice could result in the claim being reduced or denied.
How to Avoid Flagstar Bank Data Breach Settlement 2026 Scams
Class action settlements often attract fake websites, misleading social media posts, and phishing messages.
Remember these safety tips:
Filing an official settlement claim is free.
Do not pay anyone to submit the claim.
Use FlagstarSettlement.com rather than an unfamiliar third-party website.
Do not give your Settlement Claim ID to another person.
Do not submit another class member’s information.
Verify unexpected emails before opening attachments.
Do not provide passwords or complete bank login credentials.
Do not assume that every message mentioning a payment is legitimate.
The settlement administrator may need information to process an approved payment, but it should never need the password used to access your online bank account.
If a message appears suspicious, contact the settlement administrator using the contact information published on the official settlement website.
Flagstar Bank Data Breach Settlement 2026 FAQ
Is the Flagstar Bank Data Breach Settlement 2026 legitimate?
Yes. Angus, et al. v. Flagstar Bank, N.A. is pending in the United States District Court for the Eastern District of Michigan under Case No. 2:21-cv-10657-MFL-DRG. The settlement remains subject to final court approval.
Does every Flagstar customer qualify?
No. Eligibility is based on whether Flagstar identified an individual’s personal information as being affected by one or both 2021 data breaches. Merely having or previously having a Flagstar account does not automatically establish eligibility.
Can I claim $25,000 without proof?
No. The payment of up to $25,000 is reimbursement for qualifying documented monetary losses. Claimants requesting this benefit should submit records showing the expenses or losses and their connection to the data breaches.
Is the estimated $60 cash payment guaranteed?
No. The residual cash payment will be calculated from the money remaining in the settlement fund after other approved expenses and benefits are paid. It is estimated at approximately $60 but may be higher or lower. The payment cannot exceed $599 per individual.
Do California residents automatically receive $100?
No. An eligible California resident must submit a valid claim and attest that they resided in California at the time of the applicable data breach. The statutory payment is up to $100 and may be reduced depending on the available funds and number of valid claims.
Can I receive cash and credit monitoring?
Eligible class members may request multiple applicable benefits on the same claim form. Carefully review the form and select every benefit for which you qualify.
Do I need a Settlement Claim ID?
The online claim process requires the unique ID from the official settlement notice. If you believe you qualify but cannot locate the notice, contact the settlement administrator.
What happens if I miss the August 11, 2026 deadline?
A late claim may be rejected. Online claims must be submitted by the deadline, while mailed claims must be signed and postmarked by August 11, 2026.
Does submitting a claim guarantee payment?
No. The settlement administrator must review each claim, the court must grant final approval, and the settlement must become final. Invalid, incomplete, duplicate, unsupported, or late claims may be denied or reduced.
Final Reminder About the Flagstar Bank Data Breach Settlement 2026
The Flagstar Bank Data Breach Settlement 2026 gives eligible consumers a limited opportunity to request reimbursement, a residual cash payment, credit monitoring, and an additional benefit for qualifying California residents.
The most important deadline is August 11, 2026.
Before submitting a claim, locate your official settlement notice, gather supporting documents, and review every available benefit. Consumers claiming documented losses should clearly show how each expense is connected to the Flagstar data breaches.
Visit the official settlement website for the claim form and current case updates:
Visit the official Flagstar Bank settlement website to review current case information and submit a claim.
For more money-saving and consumer news, read our latest 2026 consumer recalls and settlement updates.