Payout: Up to $5,000 reimbursement + ~$175 cash + 3 years credit monitoring (all three can be combined)
Who Qualifies: Anyone who received a data breach notice from Summit National Bank about the May 2024 breach
If Summit National Bank sent you a letter saying your personal information may have been exposed in a data breach, you're eligible for money from a class action settlement — and the deadline to file is coming up fast.
In May 2024, Summit National Bank discovered that someone had hacked into one of the bank's email accounts. That email account contained sensitive personal information for roughly 10,912 people, including names, addresses, Social Security numbers, and bank account details. If your information was in that email account, the bank was required to notify you, and that notification letter is what makes you eligible.
What Happened?
The breach was what's known as an email account compromise. An unauthorized person (or people) gained access to an email account belonging to Summit National Bank. That email account contained files or messages with customers' personally identifiable information — the kind of information that identity thieves need to open credit cards, take out loans, or drain bank accounts in your name.
The data that was exposed included names, home addresses, Social Security numbers, and financial account information. This is about as sensitive as personal data gets. Your Social Security number is essentially the master key to your financial identity, and once it's been exposed in a data breach, it's out there permanently.
The lawsuit alleges that Summit National Bank failed to put reasonable security measures in place to protect this information. Summit denies any wrongdoing. The two sides agreed to settle rather than go to trial.
Who Qualifies?
You qualify if Summit National Bank sent you a notification letter informing you that your information may have been compromised in the May 2024 data breach. The settlement class includes approximately 10,912 people. If you received that letter, you're in.
If you're not sure whether you received a notice, contact the Settlement Administrator for help. They can check whether you're on the list.
What Can You Get?
This settlement has three types of compensation, and you can claim all three at the same time:
Up to $5,000 for out-of-pocket losses. If the breach actually cost you money — for example, if someone used your stolen information to commit fraud, or if you had to pay for credit monitoring, credit freezes, a lawyer, an accountant, or credit repair services — you can be reimbursed for those expenses up to $5,000. You'll need documentation like receipts, bank statements, or bills to support your claim. Handwritten notes alone aren't enough, but they can be submitted alongside other records.
Eligible expenses include unreimbursed fraud or identity theft losses, attorney or accountant fees, credit repair services, costs of freezing or unfreezing your credit, credit monitoring costs you paid for after May 2024, and miscellaneous costs like notary fees, postage, copying, mileage, and long-distance phone charges.
Approximately $175 cash payment. This is available to every class member, regardless of whether you suffered any losses. You don't need to prove that anything bad happened to you — you just need to file the claim form. The $175 estimate is based on a 10% claim rate among the 10,912 class members. If fewer people file, the amount goes up. If more people file, it goes down.
Three years of credit monitoring. You can sign up for three years of three-bureau credit and identity theft monitoring at no cost. This covers all three major credit bureaus (Equifax, Experian, and TransUnion) and will alert you if someone tries to use your information to open new accounts.
How to File a Claim
You can file a claim online at SNBDataSettlement.com. You'll need the Unique ID that was printed on the postcard notice you received from the Settlement Administrator. If you lost your notice or don't have your Unique ID, contact the Settlement Administrator and they can help you get it.
You can also request a paper claim form by mail.
The deadline to submit your claim is February 17, 2026.
• Data Breach Discovered: May 2024
• Opt-Out Deadline: January 20, 2026 (passed)
• Objection Deadline: January 20, 2026 (passed)
• Claim Form Deadline: February 17, 2026
• Final Approval Hearing: April 21, 2026 at 9:00 AM MT — Joseph C. O'Mahoney Federal Center, 2120 Capitol Avenue, Cheyenne, WY 82001
Settlement Fund and Legal Fees
The total settlement fund is $400,000. This is the maximum amount Summit National Bank will pay. Everything comes out of this fund: your payments, the credit monitoring, attorneys' fees, administration costs, and the service award.
Class Counsel (Markovits, Stock & DeMarco, LLC and Milberg Coleman Bryson Phillips Grossman, PLLC) will seek no more than one-third of the fund ($133,333.33) in attorneys' fees, plus up to $15,000 in litigation costs. A service award of up to $4,000 is being requested for the class representative, Brian Purnell.
How Will I Get Paid?
If the court approves the settlement at the April 21 hearing, payments will be sent after any appeals are resolved. You'll receive your payment by check, unless you choose electronic payment during the claims process. Checks expire after 180 days, so make sure to cash yours when it arrives.
What Happens If I Do Nothing?
If you do nothing, you get no money and no credit monitoring. You also give up your right to sue Summit National Bank on your own over this breach. The only way to get compensation is to file a claim by February 17, 2026.
How Do I Find Class Action Settlements?
Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:
Case Information
The case is Purnell v. Summit National Bank, Case No. 2:24-cv-00190-KHR, in the United States District Court for the District of Wyoming, before Chief District Judge Kelly H. Rankin.
Class Counsel: Terence R. Coates and Jonathan T. Deters of Markovits, Stock & DeMarco, LLC, and Gary M. Klinger of Milberg Coleman Bryson Phillips Grossman, PLLC.
Settlement Administrator: Atticus Administration, PO Box 64053, Saint Paul, MN 55164.
• Class Action Settlement Notice, Purnell v. Summit National Bank, Case No. 2:24-cv-00190-KHR (D. Wyo.)
• Settlement Website: SNBDataSettlement.com
Filing Class Action Settlement Claims
Please submit only truthful information when filing your claim. If you are unsure whether you qualify, contact the Settlement Administrator or Class Counsel. OpenClassActions.com is a consumer news site and is not the settlement administrator or a law firm.