Credit unions offer financial relief to those impacted by Key Bridge collapse

Information available on state’s newly launched response website

COLUMBIA, MD (April 15, 2024) — Credit unions are stepping up to provide financial assistance to  those affected by the Francis Scott Key Bridge collapse. Over 40 credit unions across the region  have committed to providing a range of relief options from deferments on consumer loan and  mortgage payments to waiving fees. The information is included in the State’s recently launched  Francis Scott Key Bridge Collapse Response Website

Individuals impacted by the bridge collapse are encouraged to contact their credit union, even if  not listed. Most will respond on a case-by-case basis. Representatives will work directly with  individual members, tailoring assistance to meet their specific needs and circumstances. 

“Credit unions have a long history of supporting members during challenging times,” said John  Bratsakis, President/CEO of the MD|DC Credit Union Association. “Just as they responded  during the pandemic, federal government shutdowns, and the 2008 financial crisis, credit  unions stand ready to assist. As dedicated community partners, credit unions are committed to  ensuring the financial well-being of their members and the communities they serve.” 

For more information visit Support for Workers on the state’s Bridge Collapse Response  Website. 

About MD|DC Credit Union Association

The MD|DC Credit Union Association is a regional trade association representing credit unions  and their 2.2 million members in Maryland and the DC region. The Association provides  advocacy, education and business solutions to credit unions which are not-for profit, member owned financial cooperatives.


Michelle Byrnie-Parker 

SVP/Chief Public Affairs Officer 

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