Promising to cover direct deposits, offering low-interest loans.
The $54 billion Navy Federal would cover direct deposits of active duty military members if the government shuts down next week.
Credit unions serving the nation’s armed forces came under praise Tuesday from NCUA Board Member Michael Fryzel.
Credit unions are establishing phone hotlines, educational workshops, special loan programs, savings options and reduced fees.
Air Force FCU was at the top of the list, followed in order by USAA Bank, PenFed, Navy Federal and Armed Forces Bank.
Last week, 700,000 Department of Defense civilian employees began taking once-a-week furlough days that will cut their pay by roughly 15%. How will the temporary pay cuts affect credit unions?
Virginia credit union says it has counseled 20 members so far and made emergency loans to four.
New Hampshire credit union builds new landmark headquarters in coastal city home.
Fort Bragg FCU does its part for Military Spouse Appreciation Day.
Trade association hits half century of serving military installations wherever they may be.