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Getting an early bead on the Washington debt crisis, the $1.6 billion Texas Dow Employees Credit Union of Lake Jackson announced over the weekend it will be offering no interest, 30-day “Government Shutdown Loans” to Social Security recipients and others who might be impacted.

“TDECU will cover all direct deposit government checks if there is no debt-limit agreement Aug. 2,” said a statement from the 139,000-member credit union, adding that the loans are “non-qualifying to those existing TDECU accounts.”

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