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Premier Members Credit Union offers members financial assistance amid COVID-19 concern

Premier Members offers payment deferral, waives penalty fees due to COVID-19 impact

Premier Members Credit Union is offering support to those impacted by COVID-19. Premier Members is assisting existing and potential members by working with borrowers to ease credit terms for new loans to those who qualify, and suspending initiation of new collection, repossession, and foreclosure actions. The credit union will also offer payment accommodations, such as allowing borrowers to defer or skip some payments, or extend payment due dates to avoid negative credit bureau reporting caused by any COVID-19-related disruption. Additionally, Premier Members will also assist members with overdraft fees, as well as the ability to withdraw a certificate without penalty. 

“Premier Members Credit Union is offering our members and the public financial solutions during this difficult time,” said Carlos Pacheco, Chief Executive Officer. “Our hope is to lessen the financial impact of COVID-19 on our members and individuals in our communities.”

Potential and existing members can access services through the contact center, drive-thru tellers at various branches, ATMs, and online and mobile banking.

For a complete list of branch access options and hours, visit https://www.pmcu.org/covid-19coronavirus/.

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