The $599 million Justice Federal Credit Union in Chantilly, Va., said it would offer its members from the Department of Justice and Department of Homeland Security interest-free and then low-interest unsecured loans if the federal government shuts down next week.
The 56,400-member credit union said it also would allow existing members with a Justice FCU consumer loan or Visa credit card to request one payment deferral per loan. The personal loans could be for up to $10,000 and will convert to 4.9% for a term of 24 months after 60 days.
Justice FCU also invited new members to join.
“Supporting the Justice community is a vital part of our mission. We were there for our members during the last government furlough and plan to be there for them again,” said Justice FCU President/CEO Peter Sainato.
Navy Federal earlier this week said it would cover direct deposits of active duty military members if the shutdown occurs next week.