On June 12, 2023, Generations Federal Credit Union (“GFCU”) filed a notice of data breach with the Attorney General of Texas after learning that confidential consumer information entrusted to the company was subject to unauthorized access. Based on the company’s official filing, the incident resulted in an unauthorized party gaining access to consumers’ names, Social Security numbers, addresses, government-issued identification numbers, financial account information, medical information and health insurance information. After confirming that consumer data was leaked, GFCU began sending out data breach notification letters to all individuals who were impacted by the recent data security incident.

If you received a data breach notification from Generations Federal Credit Union, it is essential you understand what is at risk and what you can do about it. As we’ve discussed in previous posts, the number of data breaches has continued to rise in recent years. This is especially the case when looking at those breaches targeting financial institutions, as they possess an incredible amount of highly sensitive data hackers can easily use to commit identity theft and other frauds. To learn more about how to protect yourself from becoming a victim of fraud or identity theft and what your legal options are in the wake of the Generations Federal Credit Union data breach, reach out to a data breach lawyer for assistance.

What We Know So Far About the Generations Federal Credit Union Breach

News of the Generations Federal Credit Union data breach is still fresh; however, what we know at this point comes from the company’s filing with the Attorney General of Texas. However, the information provided on the Texas AG’s website is limited, and GFCU has not yet issued a press release or posted notice of the incident on its website. Thus, at this early point, all we know is that GFCU recently learned that confidential consumer data that was placed in the company’s care was accessible by an unauthorized party.

Upon discovering that sensitive consumer data was made available to an unauthorized party, Generations Federal Credit Union began to review the affected files to determine what information was compromised and which consumers were impacted. While the breached information varies depending on the individual, it may include your name, Social Security number, address, government-issued identification number, financial account information, medical information and health insurance information.

On June 12, 2023, Generations Federal Credit Union sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.

More Information About Generations Federal Credit Union

Generations Federal Credit Union is a financial institution based in San Antonio, Texas. The company provides the traditional set of banking products and services for both individual and corporate clients. GFCU operates seven main branches in Castle Hills and San Antonio, as well as 5,000 “shared branching” locations nationwide. Generations Federal Credit Union employs more than 244 people and generates approximately $37 million in annual revenue.