Published
May 24, 2024
Updated
July 30, 2026
The Navy Federal settlement concerns International Service Assessment fees charged on purchases made while members were in the United States.
Current Status
The court granted final approval on July 25, 2024, and the August 8, 2024 claim deadline has passed. The official site has not posted a current distribution-completion notice.StatusFinal approval granted
Claim DeadlineAugust 8, 2024 (Passed)
Settlement Fund$5.5 million
Distribution UpdateNo current completion notice
What Was This Case About?
The lawsuits alleged that Navy Federal breached account agreements by charging International Service Assessment fees on purchases members made while physically in the United States. Navy Federal denied the allegations and wrongdoing.Who Was Covered?
The class included current and former Navy Federal account holders assessed at least one covered fee from August 9, 2016 through March 24, 2023 for a purchase made while they were physically in the United States.What Benefit Was Available?
Class members who submitted valid claims were eligible for a cash payment. The settlement materials described a $4 base payment, subject to pro rata adjustment if the net fund was insufficient.Official Information
Review current notices and court documents on the Navy Federal Fee Litigation website.
Settlement Fund
$5.5 million
Case Title
Morrow, et al. v. Navy Federal Credit Union
Case Number
1:21-cv-00722-LRV
Court
U.S. District Court for the Eastern District of Virginia
Current Milestone
Final approval granted July 25, 2024
Official Website
Navy Federal Fee Litigation
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