Premier Members Credit Union (PMCU) is offering support to those impacted by the Federal Government shutdown. PMCU is assisting existing and potential new members by offering a fixed rate loan with no payments for 90 days and a term up to 24 months. They will also assist members with any overdraft fees as well as the ability to withdraw a certificate without penalty.
“PMCU is offering Federal Government employees financial solutions during this difficult time,” said Jason Bauer, Chief Marketing Officer. “Our hope is to lessen the financial impact of the government shutdown on our members and individuals in our communities.”
The unsecured personal loan allows the impacted Federal Government employee to borrow up to $10,000 with payment deferral for the first 90 days. The loan has up to a 24-month term with no origination fee.
PMCU is also extending a consumer loan payment deferment program to their existing members. The member will need to call or visit the branch to initiate deferment of payments on one loan for up to three months with no fees, excluding real estate. For more details, visit https://www.pmcu.org/member-assistance-program/.