Members 1st offers assistance during Govt. shutdown
For Immediate Release
In response to the October 1, 2013 government shutdown, Members 1st Credit Union will offer Federal Government employees financial assistance to those enduring a financial hardship due to the government shutdown.
The financial assistance is available to all Federal Government employees who live, work, or worship within Shasta and Tehama County regardless of whether they are a Members 1st Credit Union member or not. Members 1st will be providing the following financial assistance options:
0% Interest Loans: The Federal Employee Payroll Assistance Loan provides up to $3,000 of funds at 0% interest over a term of 12 months, fee free, to federal employees. Additional Personal Loan options will be available at a different interest rate for terms ranging 24-36 months.
Existing Loan Assistance: Federal employees with existing Members 1st loans will have additional flexibility with loan payments including modified payments and skip payments.
Credit Cards: Federal employees will receive expedited review and approval for line increases or new credit lines for a Members 1st credit card.
Federal Government employees can take advantage of these financial assistance options by calling (530) 222-6060 or visiting www.membersonline.org.
Members 1st Credit Union CEO Mark Moore said, “Members 1st Credit Union was founded under Federal Government and California State employees. Over the past 77 years our dedication to these employees and Northern California hasn’t changed. We’re here to help.”
This is the fourth time Members 1st Credit Union has offered 0% interest loans to Northern California employees in financial distress. The prior three offerings were made to California State and federal employees between 2009 - 2011 when state and federal budget cuts affected local state and federal employees.
Members 1st Credit Union offers financial services to those who live, work, or worship within Shasta and Tehama County. For more information about Members 1st Credit Union visit one of our three convenient branches or call (530) 222-6060 or visit www.membersonline.org.
1380 Hilltop Rd., Redding, CA
1260 Pine St., Redding, CA
5020 Rhonda Rd., Anderson, CA