CPM Federal Credit Union in North Charleston, S.C., has joinedthe list of credit unions offering assistance to members who maysuffer financial hardship from sequester budget cuts that takeeffect Friday.

For a limited time, CPM, which has 68,000 members and assets of$268 million, will offer members directly affected by job furloughsone-time only unsecured personal loans equal to one month's pay, orup to $2,000, at 3% APR, with no payments for the first 90days.

Qualifying members must have direct deposit and can also receivehelp with loan modification or due-date extensions.

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