SPOKANE, WA (October 1, 2013) -- In response to possible furloughs as a result of the US government shutdown, Global Credit Union is offering emergency assistance to members employed by the federal government.
In the event of furloughs Global Credit Union members who are employed by the US government may be eligible for:
• an interest free loan to cover income lost due to furloughs or payment disruptions
• no-fee extensions for existing loans
• penalty-free certificate withdrawals
A shutdown of the federal government will not delay regular operations of the National Credit Union Administration, and individual member accounts at Global Credit Union will remain insured up to $250,000.
Global Credit Union, founded in 1954 by members of Fairchild Air Force Base, is eager to help provide relief to people affected by this financial crisis. “Our roots run deep with our military members. If they do experience furloughs, we want to give them time and assistance to adjust. We’ve always been here for our members and we are here now to help them through if they need us,” said Global President and CEO Jack Fallis.
Members should not hesitate to inquire about these emergency assistance options. Federal employees not currently members may call the credit union to open a membership account. Contact Global directly at 800-676-4562.
About Global Credit Union
Global Credit Union, founded in 1954 is a full service financial institution with assets of over $352 million serving 48,000+ members residing around the world. Membership is open to anyone living or working in Washington State, Kootenai, Benewah, Shoshone or Latah counties in Idaho, and all active and retired military members and their families worldwide. For more information about Global Credit Union please visit www.globalcu.org