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Police CU in California Offers 'End of Watch' Debt Forgiveness Benefit

The Police Credit Union says the benefit would cancel loan balances of up to $850,000.

By Mike Scarcella | June 01, 2020 at 08:39 AM
police car Source: Shutterstock.

A California credit union serving law enforcement professionals has set up a debt forgiveness benefit for members who die on or off duty from work-related activities.

The Police Credit Union in San Francisco said its new “End of Watch Debt Forgiveness Benefit” will cover eligible loans obtained by members. The credit union said it would cancel the amount of the loan on the death of a member from “the result of external force, violence or heart attack, stroke or illness directly caused by physical training or other strenuous activity required of a law enforcement officer.”

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