Peoples Security Bank & Trust $1.15M Class Action Settlement
About This Settlement
Peoples Security Bank & Trust $1.15M Class Action SettlementPennsylvania residents whose vehicle Peoples Security Bank & Trust repossessed between 2008 and 2017 may qualify to receive a cash payment from a settlement.Peoples Security Bank & Trust $1.15M Class Action SettlementWeekly NewsletterClass actions settlements delivered to your inbox.Thank you! Check your inbox for a welcome email.Oops! Something went wrong while submitting the form.Nicole AljetsEditor & Community ManagerPublishedAugust 11, 2026 11:47 AMUpdatedAugust 24, 2026Join the DiscussionConsumers with a Pennsylvania address who financed a motor vehicle through, or had their consumer loan or installment sales contract assigned to, Peoples Security Bank & Trust or Peoples Financial Services and had their vehicle repossessed between Sept. 15, 2008, and Nov. 7, 2017, may be eligible to receive approximately $1,300 from a class action settlement.Peoples Security Bank & Trust Co. and Peoples Financial Services Corp. agreed to pay $1,152,673 to settle a class action lawsuit alleging violations of Pennsylvania’s Uniform Commercial Code, the Motor Vehicle Sales Finance Act and the Fair Credit Extension Uniformity Act related to vehicle repossessions and debt collection practices.Who are the class members?Class members are borrowers and co-borrowers who meet the following criteria:They financed a motor vehicle primarily for personal, family or household use through Peoples Security Bank & Trust, or they had a consumer loan or installment sales contract assigned to Peoples Security Bank & Trust or Peoples Financial Services.Peoples Security Bank & Trust repossessed their vehicle or directed a third party to repossess their vehicle between Sept. 15, 2008, and Nov. 7, 2017.
Filing Has Closed
The deadline to file a claim was September 21, 2026. The administrator is no longer accepting claims, and there is nothing to submit here. If you filed before the deadline, any payment comes from the administrator directly.
Check the official settlement site for distribution updates →Frequently Asked Questions
How much can I get from the this settlement?
Per-person payout amounts have not been published yet. Check the official settlement page for updates.
What is the deadline to file a claim?
The claim deadline was September 21, 2026 and it has passed. The administrator is no longer accepting claims for this settlement.
Do I need proof to file a claim?
No proof of purchase is required for this settlement. You can file a claim without documentation.
Can I still file a claim?
No. Filing for this settlement has closed and late claims are not accepted. Browse the settlements still open below — most people qualify for more than one.
Who is eligible for this settlement?
This settlement is available to eligible consumers in the United States. Check the official settlement notice for detailed eligibility criteria.
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