The $12 million, 2,350-member Greater Abbeville Federal CreditUnion in Abbeville, S.C., is reaching out to its members andnon-members hit by the closing of the Mohawk Industries textileplan in nearby Calhoun Falls, S.C.
|“Overall, about 60 of the 200 employees are GAFCU members that will be affected by the closing of thisplant,” said GAFCU CEO Faye Crocker.
|Crocker said members known to be affected by the Sept. 25 plantclosing will be sent letters offering them such assistance as loanrefinancing to lower monthly payments and 60 days before the firstpayment is due.
|They also will be offered help from trained counselors who canwalk them through forming a budget to help deal with their newcircumstances, the credit union said.
|“Non-members that have been affected are encouraged to contactthe credit union for assistance in overcoming any temporary financial hardshipscaused by the layoffs,” GAFCU added in a statement.
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