X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SANTA ANA, Calif. – Orange County Teachers Federal Credit Union has extended provisions of the Soldier and Sailor Civil Relief Act for its members. Recognizing that relief provisions under SSCRA may not be sufficient for some members to meet their current loan obligations, eligible members will now be offered reduced interest rates, payments and deferments or other modifications on their OCTFCU loans. “We are honored to provide support to our members and team members who are serving our nation in the military,” said OCTFCU President/CEO Rudy Hanley. “We’re glad that we are able to give something back to them.” The SSCRA was enacted in 1940 to assist individuals who have been ordered to or have volunteered for, active military service by reducing payments on obligations incurred prior to service. Provided on a case-by-case basis, already 22 members have been helped by the OCTFCU enhancement.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.