A programmable lock cylinder assembly comprising a lock housing and a cylinder plug mounted for rotation within the housing. A set of rack pins are positioned in the cylinder plug and moveable between a locked position and an unlocked position. A set of tongue pins are positioned in the cylinder plug and extend across the keyway. Each tongue pin is selectively engagable with a respective rack pin. A re-combinating member is engaged with the tongue pins and moveable between a first position wherein the tongue pins are engaged with the rack pins and a second position wherein the tongue pins are disengaged from the rack pins. A reset actuator is positioned within the cylinder plug and moveable between an engaged position wherein the re-combinating member position is locked relative to the cylinder plug and a non-engaged position wherein the re-combinating member position is moveable relative to the cylinder plug.