As concerns sweep the nation this holiday season due to discussions of a shutdown of the Federal Government, Justice Federal Credit Union is prepared to assist its’ Members if confronted with a furlough.
The Credit Union announced that they would offer special assistance in the form of an unsecured, low interest rate loan and deferred payments, to Members of the Department of Justice and the Department of Homeland Security and other Members furloughed as a result of a Federal Government shutdown.
Members with a minimum of six months of membership with Justice Federal may apply for a Special Assistance Loan up to Member’s net pay, not to exceed $3,000at an annual low rate of 2.94% for 24 months. The actual loan amount is based on the Member’s net pay deposit,with direct deposit required. Members may opt to defer their first loan payment for up to 90 days.
In addition, existing Members in good standing with a Justice Federal consumer loan, or credit card may request to defer payments, and request assistance with a Justice Federal First Mortgage Loan.
“Justice Federal is focused on being the unwavering partner to the justice and law enforcement community, said Mark Robnett, President & CEO. “We were founded in the halls of Justice in 1935 to help Members in need during the Great Depression and nearly 85 years later, we continue to uphold our Founders legacy by helping our Members continue to thrive,” said Robnett.
Members seeking assistance should contact the Credit Union at 800.550.5328 for eligibility, qualifications and restrictions. Members may also apply online at www.jfcu.orgfor the Special Assistance Loan.