Federal government re-opens Tuesday, funded to Feb. 8

President Donald Trump signed a House and Senate-passed continuing resolution Monday night to fund the federal government through Feb. 8. Though NCUA and Consumer Financial Protection Bureau operations were unaffected, credit unions across the country rolled out additional products and services for affected members.

“We’re thankful that this situation has been resolved for the millions of credit union members affected by the shutdown. Credit unions embodied the ‘people helping people’ mantra over the past few days, reaching out to affected members in numerous ways to help them ensure financial stability, and it was inspiring to witness their dedication,” said CUNA President/CEO Jim Nussle. “CUNA will remain fully engaged to protect credit union funding priorities as negotiations continue for a more permanent funding solution.”

Credit union responses to the shutdown include:

• America’s First CU, Riverdale, Utah, is offering a special Furlough Assistance Loan to affected federal employees of up to $3,000 with terms up to seven months, with one month interest-free;

 

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