Press
Redwood Credit Union offers federal employee assistance
RCU Programs Available for Members Affected by Government Shutdown
SANTA ROSA, CA (October 2, 2013) — Redwood Credit Union (RCU) announced today they will offer a variety of financial assistance options to federal employees who are impacted by the current government shutdown. These programs include: payroll replacement/advance assistance; deferred payments on RCU loans and lines of credit; early withdrawal of funds from RCU share certificates without penalties; and money management and budgeting information and tools.
“RCU Members are eligible for a variety of assistance programs to help them through the uncertain period of federal government shutdown,” said Anne Benjamin, Executive Vice President and Chief Operating Officer of Redwood Credit Union. “Redwood Credit Union’s mission is to serve the best interests of our Members, employees and communities, so we are here, ready to serve and assist our Members who are federal employees to maintain their financial well-being.”
RCU Members affected by the shutdown are encouraged to contact RCU if they need financial assistance. The Credit Union will continue to monitor and evaluate the situation as new information becomes available from the U.S. Government. Additional information about RCU’s federal government shutdown assistance is available by visiting www.redwoodcu.org or calling 1 (800) 479-7928.
About Redwood Credit Union
Founded in 1950, Redwood Credit Union is a full-service financial institution providing personal and business banking to anyone living or working in the North Bay or San Francisco. As a financial cooperative focused on people not profit, RCU offers complete financial services including checking and savings accounts, auto and home loans, credit cards, online and mobile banking, business services, commercial and SBA lending, investment and financial planning services and more. The Credit Union also offers a variety of insurance products and discount auto sales through their wholly-owned subsidiary. RCU currently has more than $2.2 billion in assets and serves nearly 230,000 Members with 18 full-service branch locations from San Francisco to Ukiah, more than 30,000 fee-free network ATMs nationwide and convenient, free online and mobile banking. For more information, please call 1 (800) 479-7928 or visit www.redwoodcu.org.