Federal Worker Relief Options

Federal Worker Relief Options

 

In support of our members employed by the Federal Government and affected by the shutdown, Seaboard FCU is pleased to offer the following relief options:

 

  1. No penalty for early withdrawal on CDs.
  2. 0% Personal loan for 3 months.  We will immediately bump the loan due date to the maturity date, so the member will not make any payments until the loan is due.  The loan amount will be limited to the employee's historic take home pay for the same time period.
  3. Bump existing loan due date up to 2 months.

 

For members who are dependent on Federal Government contracts (Example: provide services to the Craig Brook Fish Hatchery), but are not directly employed by the U.S. Government, we will work with the member on a case by case basis, with management approval.

 

If the shutdown extends beyond three months, we will reassess our options to assist our members.