APG Federal Credit Union Announces Assistance to Members Facing Potential Pay Delays

For Immediate Release
Contact: Gayle Stark
410.612.2389
gstark@apgfcu.com

(Aberdeen, July 29, 2011) – As Americans across the country wait to see if the government will curtail operations due to a possible delay in raising the debt ceiling, Aberdeen Proving Ground Federal Credit Union [APGFCU] is ready to help members who may be affected.

The Credit Union’s commitment to the financial well-being of its more than 91,000 members and its strong financial position make it possible for APGFCU to offer a monetary lifeline. “Our credit union exists to promote and sustain the financial well-being of the membership. And we will work constructively with our members to develop plans that are in their best interests,” said Don W. Lewis, President and CEO.

If the impasse is not resolved and members’ payments are delayed, the contingency plan includes a short-term, low-interest-rate furlough loan with a delayed payment option, skip-a-payment on existing loans, and budget counseling—in person, by phone or online. APGFCU branches and services will be open as usual and members may call or come into a branch to discuss requests, eligibility and qualifications. The Member Service Center may be reached by calling 410-272-4000, pressing four or by visiting APGFCU.com.

###

APG Federal Credit Union, with over 91,000 members and assets of $873 million (6/30/2011), has a community charter to provide financial services to everyone who lives, works, worships, volunteers or attends school in Harford and Cecil counties. Ten branches are located in Aberdeen, Aberdeen Proving Ground (on Post), Amyclae, Bel Air, Edgewood, Elkton, Forest Hill, Havre de Grace, Laurel Bush, and North East. APGFCU is a not-for-profit, member-owned cooperative. Credit Union services are available 24/7.  For information, call 410-272-4000 or visit APGFCU.com today.

---