If you are a VCCU member and a Federal employee affected by the government shut down, we are here to help. We will provide discounted rates, skip-a-payments, financial counseling and more to ensure our members survive any furloughs with their finances intact.
VCCU Emergency Loan for Government Shut Down*
- Borrow up to $5,000
- Rate as low as 6.95% APR**
- 0% interest for first 30 days
- Repayment term up to 24 months
Loan rate and terms will be valid until January 31, 2019 or when Government shut down ends.
For more helpful information, our partners at BALANCE have provided a new article on Three smart financial moves for furloughed workers.
Call 805.477.4000 or come into any of our branches for assistance.
*Government Shut Down loan is available to VCCU members who joined the credit union prior to January 1, 2019.
**Annual Percentage Rate effective 1/1/2019 and is subject to change. 0% interest for the first 30 days. Actual rate will be discounted 2% from the lowest rate member qualifies for based on creditworthiness. Includes one-quarter percent discount for automatic payment from VCCU checking or share account. Verification of income may be required. Monthly payment per $1,000 borrowed for 2 years at 6.95% APR: $44.75. Loan offer expires January 31, 2019 or when government shut down ends.