LA Financial Federal Credit Union Data Breach
NOTICE: If you received a NOTICE OF DATA BREACH letter from LA Financial Federal Credit Union, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options, or submit a confidential Case Evaluation form here.
On or around July 18, 2024, LA Financial Federal Credit Union (“LA Financial”) experienced a significant cybersecurity incident when an employee’s email account was compromised by an unauthorized third party (“Data Breach”). During the Data Breach, the hacker accessed and acquired certain private and confidential personal information of many individuals connected with LA Financial.
Initially, on November 27, 2024, LA Financial began sending data breach notifications to those affected by the Data Breach and alerted the Attorney General of California. Further notifications were sent out on March 24, 2025, and included individuals that LA Financial determined had their information compromised. Although LA Financial discovered the breach nearly 9 months ago, it took them until March 2025 to finally tally the number of people impacted. If you received a data breach notification letter from LA Financial, it indicates that you were affected by the data breach.
As part of its notification letter, LA Financial is offering complimentary access to IDX, which provides credit monitoring services.
Founded in 1937, LA Financial is a federal credit union headquartered in Arcadia, California. The company offers a wide range of financial services to its members, including auto and home loans, insurance, financial education, and credit cards. LA Financial boasts more than $531 million in total assets and had revenues of more than $20 million in 2023.
WHAT INFORMATION IS INVOLVED IN THE LA FINANCIAL FEDERAL CREDIT UNION DATA BREACH?
While LA Financial has not released the exact information compromised, it likely includes:
- Names
- Addresses
- Dates of Birth
- Social Security numbers
- Financial Account information
This information is called your Personally Identifiable Information (“PII”). It tells others about you and is considered part of your identity. Businesses are required to secure this information or risk facing statutory penalties, among other legal penalties. Stolen PII can be used by identity thieves to engage in fraudulent activity using your identity.
The best way to protect yourself after a data breach is to sign up for credit and identity protection services as soon as possible.
NOTICE: If you received a NOTICE OF DATA BREACH letter from LA Financial Federal Credit Union, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options, or submit a confidential Case Evaluation form here.