Statement from Greylock on response to government shutdown
Greylock Federal Credit Union reaches out to furloughed members
PITTSFIELD, MA (January 11, 2019) — As part of its mission, Greylock Federal Credit Union pledges to partner with its members and lead with compassion and creativity. That is what has driven CEO John Bissell to initiate solutions to help local members who have been impacted by the partial shutdown of the federal government.
“We have identified a number of members that have potentially been affected,” said Bissell. “We are reaching out to them to see where we can help.” Though the needs of each individual will be unique, Bissell expects that opportunities for support will include the resources of Greylock’s financial coaching team and possible adjustments in fees or payments.
“As the shutdown continues, we may find these members in need of short-term financing solutions. Nothing is off the table,” according to Senior Vice President and Chief Lending Officer Jodi Rathbun-Briggs. “Our team is reaching out to those we are able to identify. As a Community Development Financial Institution, we are committed to helping our community thrive and will work with those families as much as possible.”
If you know of a furloughed federal employee that is struggling due to the government shutdown, please invite them call our coaching team at (413) 236-4000.
About Greylock Federal Credit Union
Greylock membership is open to anyone who lives, works, attends school, worships or regularly conducts business in Berkshire County, the towns of Westfield, Southwick, Granville, Montgomery, and Russell, Massachusetts, or Bennington County, VT and Columbia County, NY. Greylock Federal is wholly owned by its more than 82,000 members and offers full-service branches in Pittsfield, Great Barrington, Lee, Adams, North Adams, Williamstown, Lanesborough, and Lenox. Greylock has a Low Income Designation (LID) from the NCUA and certification by the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund allowing the Credit Union to offer expanded services to low and moderate income families. More information is available at www.greylock.org.