Mercadien cybersecurity incidents and threat signals

Jul 10, 2026

High

SR Bancorp's Internal Audit Provider, Mercadien, Experiences Data Security Incident

Mercadien, P.C. CPAs, an internal audit service provider for SR Bancorp and Somerset Regal Bank, reported a data security incident on July 10, 2026. An unauthorized actor accessed and acquired files from Mercadien's servers containing sensitive customer data belonging to Somerset Regal Bank. The compromised data included customer names, Social Security numbers, account numbers, identification documents, and dates of birth. Importantly, SR Bancorp confirmed that its own business systems, payment systems, customer access to accounts, and core information technology infrastructure were not affected by the incident. The bank is coordinating with Mercadien to provide notifications to affected customers as required by federal and state laws and regulatory guidance. While the incident exposes customers to potential identity theft and fraud, SR Bancorp currently assesses the financial impact as immaterial to its consolidated financial condition or results of operations. This incident highlights the significant risks associated with third-party vendors handling sensitive customer information.