Justice Federal Credit Union stands ready to offer special assistance for members in the event of a Federal government shutdown
CHANTILLY, VA (September 28, 2015) — Justice Federal Credit Union (Justice FCU) announced that it is ready to offer special assistance in the form of unsecured, low interest rate loans and deferred payments to all Members of the Department of Justice and the Department of Homeland Security in the event of a Federal government shutdown or furlough.
Members confronted with a shutdown or furlough may apply for a special unsecured loan up to $10,000 at an annual rate of 0% for the first 60 days. After that time, the rate will convert to 4.90% for a term of 24-months.The loan amount is based on the Member’s net pay deposit, with direct deposit required. In addition, Members may defer their first loan payment for up to 60 days.
Members with existing Justice FCU consumer loans, or credit cards, may request to defer one payment per loan. The Credit Union will make every effort to work with Members who may find themselves struggling financially as a result of a Federal government shutdown or furlough.
New Members are welcome to join the Credit Union, and may visit www.jfcu.org to learn more about assistance.
In an effort to further assist, Justice FCU encourages all Members to refinance their high interest rate debt, whether it is auto loans, consumer loans, or credits cards that they may be carrying with other creditors. By refinancing with the Credit Union, they not only reduce their monthly expenses, but can also defer their first payment for up to 90 days allowing them to keep more money in their pocket.
“Supporting the Justice community is a vital part of our mission,” said Peter Sainato, President & CEO. “We were there for our Members during the last government shutdown and stand ready to offer special assistance for them once again,” said Sainato.
Members should contact the Credit Union directly for special requests, eligibility, restrictions and qualifications. Members may apply for the special assistance loan online at www.jfcu.org.
About Justice Federal Credit Union
Justice Federal Credit Union with assets over $851M is headquartered in Chantilly, Virginia. The member-owned, financial cooperative provides financial services nationwide exclusively to employees of the Department of Justice, the Department of Homeland Security, the Georgia Department of Public Safety, law enforcement communities, their family members, related associations, and contractors. Locations include Los Angeles and San Diego California, Miami Florida, Atlanta and Forsyth Georgia, Chicago Illinois, New York, Houston, Dallas and Ft. Worth Texas, Virginia, West Virginia and Washington, D.C. For additional information, visit www.jfcu.org.