Navy Federal unauthorized loans settlement
Navy Federal Credit Union members whose personal loans were opened without their authorization, or who were tricked by impersonators into moving loan money to someone else, are covered. The settlement cancels those loans and refunds payments made on them; a claim form adds a $250 payment.
Key facts
- Claims close
- Nov 29, 2026
- Per person
- Up to $250
- Fund
- Not published
- Proof
- The claim form at the end of your notice, or the online form
- Class period
- Jan 1, 2023 to Jan 31, 2025
- Case
- Stacy Edey et al. v. Navy Federal Credit Union, No. 2:25-cv-554
- Court
- U.S. District Court for the Eastern District of Virginia, Norfolk Division
- Administrator
- American Legal Claims Services, LLC · (800) 843-3807
Who can claim
- Did Navy Federal open a personal loan in your name that you never authorized?
Class period: Jan 1, 2023 to Jan 31, 2025.
How much
Up to $250, as published by NFCULoanSettlement.com, the settlement website (Edey v. Navy Federal, E.D. Va.). The administrator offers deposit to your Navy Federal account or check by mail if you have no Navy Federal deposit account.
You'll need
- The claim form at the end of your notice, or the online form
How to file
- Open the official claim site with the button on this page.
- Fill in the form yourself. Have the items under “You'll need” ready.
- Submit before claims close on Nov 29, 2026.
- Sign in to Claimmy afterwards to mark it filed and keep the deadline in view.
Opens the administrator's form in a new tab. We never file for you.
Important dates
- Opt-out deadlineNov 9, 2026
- Objection deadlineNov 9, 2026
- Claims closeNov 29, 2026
- Final approval hearingDec 9, 2026
About the case
This lawsuit claims that Navy Federal Credit Union failed to prevent third parties from opening unauthorized personal loan accounts in members' names, and failed to cancel those loans after people impersonating Navy Federal personnel persuaded members to transfer the loan funds to unknown third parties. Navy Federal denies the allegations and denies that it is liable to the plaintiffs or class members.
Only members whose loans are in Navy Federal's records receive the notice and are in the class. Cancelling the loans, asking the credit bureaus to delete the reporting and refunding loan payments happen without a claim; the claim form is for the additional set amount.
Stacy Edey et al. v. Navy Federal Credit Union, No. 2:25-cv-554, U.S. District Court for the Eastern District of Virginia, Norfolk Division.
Sources
- Official settlement website
- Class notice
- Frequently asked questions
- Settlement agreement
- Preliminary approval order
Source: NFCULoanSettlement.com, the settlement website (Edey v. Navy Federal, E.D. Va.). Checked Oct 25, 2026. Final amounts depend on how many people claim.
Questions about this settlement
What is the deadline to file a claim in the Navy Federal unauthorized loans settlement?
Claims close on Nov 29, 2026. File on the administrator's official site before then.
How much is the Navy Federal unauthorized loans settlement per person?
Up to $250, as published by NFCULoanSettlement.com, the settlement website (Edey v. Navy Federal, E.D. Va.). Final amounts depend on how many people claim.
Do I need proof to file a claim in the Navy Federal unauthorized loans settlement?
Yes. You'll need: The claim form at the end of your notice, or the online form.
Who qualifies for the Navy Federal unauthorized loans settlement?
The administrator decides who qualifies. You may qualify if the answer is yes: Did Navy Federal open a personal loan in your name that you never authorized? The class period is Jan 1, 2023 to Jan 31, 2025.
How do I file a claim in the Navy Federal unauthorized loans settlement?
On the official settlement website run by NFCULoanSettlement.com, the settlement website (Edey v. Navy Federal, E.D. Va.). The Claim button on this page opens the form in a new tab. Claimmy never files for you and never holds money.
When is the final approval hearing for the Navy Federal unauthorized loans settlement?
The court's final approval hearing is set for Dec 9, 2026.
Does Claimmy file the claim for me?
No. The Claim button opens the administrator's official form in a new tab and you file it yourself. We never file for anyone and never hold money.
Other open settlements
Sorted by claim deadline. Figures are the administrators' published maximums or fund sizes. We never file for you.