Over the next few days, some credit unions will likely shifttheir focus to helping members affected by Hurricane Sandy bywaiving certain fees and offering extensions on loan payments.

Although based in Hawthorne, Calif., the $356 million SkyOne Federal Credit Union serves the air transportationindustry including government employees who work directly in theadministration, regulation, or security of airlines, airports, orair transportation, such as the Federal Aviation Administration,Transportation Security Administration, National TransportationSafety Board, and airport authority offices. The cooperative alsoserves airline employees.

SkyOne said it will offer $5,000 disaster recovery loans with a0% annual percentage rate. Funds can be available within one day ofthe applicant's request. After 90 days, the loan is converted to apersonal loan with terms up to 48 months.