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SouthState Bank Data Breach Settlement

Up to $3,500

Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases

This settlement is closed to new claims — the deadline was May 15, 2026. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

SouthState Bank experienced an unauthorized access to its computer network on February 7, 2024, potentially exposing current and former customers' private information including names, dates of birth, addresses, telephone numbers, financial account numbers, and Social Security numbers. The lawsuit alleges the bank failed to implement proper cybersecurity protocols to protect sensitive customer data. The defendant denies all wrongdoing.

Do you qualify?

You are included in this settlement if you live in the United States and were notified that your private information was impacted in the February 7, 2024 data incident.

What you can claim

Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.

  • Documented loss reimbursement

    $3,500 each

    Reimbursement for documented losses as a result of fraud and/or identity theft up to $3,500.00 per class member. Requires submission of a valid and timely Claim Form.

  • Pro rata cash payment

    Proportional cash payments to Settlement Class Members from the Cash Fund after documented loss reimbursements are allocated.

  • Credit monitoring with identity theft insurance

    All Settlement Class Members who do not opt-out receive credit monitoring with insurance coverage for fraud and/or identity theft. No Claim Form submission required.

Who is in the class

You are included in this Settlement as a Settlement Class Member if you live in the United States and were sent notice that your Private Information was impacted in the Data Incident on February 7, 2024.

Quoted from the settlement notice.

How to file

To receive a cash payment, submit a valid Claim Form online by May 15, 2026. Documentation of losses from fraud and/or identity theft is required to receive reimbursement. All class members automatically receive credit monitoring without filing a claim.

Common questions

How much does the SouthState Bank Data Breach Settlement pay?
Estimated payout: Up to $3,500. The total settlement fund is $1.5M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
What is the claim deadline for the SouthState Bank Data Breach Settlement?
This settlement is closed to new claims — the deadline was May 15, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Do I need proof of purchase for the SouthState Bank Data Breach Settlement?
Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
Is the SouthState Bank Data Breach Settlement notice real, or a scam?
Financial Shield is the settlement administrator for this case. Claims are filed at southstatebankdatasettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the SouthState Bank Data Breach Settlement be sent?
Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. Payments cannot be issued until the court grants final approval and any appeals are resolved.

In the news

Headlines via NewsAPI. ClaimWatch isn't affiliated with these publications.

New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

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