Government Shutdown Assistance

Bragg Mutual Federal Credit Union

• Offering one or two skip-a-pays with verification of layoff.
• Providing a paycheck replacement loan with a six-month term.

Champion Credit Union

• Emergency extensions available for federal employees directly impacted by the shutdown. Extensions apply to non-mortgage consumer loans only and require documented proof of hardship.

Marine Federal Credit Union

• Payroll Advancement Program available for active duty military, Department of Defense employees, and federal employees with direct deposit and good standing. It advances the member’s first paycheck during the shutdown, to be reimbursed once government operations resume. Designed to provide seamless financial relief during the shutdown period.

Mountain Credit Union

• Skip-a-Pay Option: Eligible members with consumer loans may request to skip a payment without a fee to free up short-term cash flow.
• Short-Term Loan: A short-term loan equal to the member’s prior month net direct deposit, available at 0% APR, for those needing immediate assistance covering essential expenses.
• Fee Waivers: Requests to waive late fees or overdraft fees will be reviewed on a case-by-case basis for members directly impacted by the shutdown.
• Personalized Support: Staff are available to work one-on-one with members to review budgets and provide financial counseling to help tailor solutions to individual needs.

Piedmont Advantage Credit Union

• Offering flexible loan payment extensions of up to 90 days for members impacted by the government shutdown.
• Providing personalized support from Certified Credit Union Financial Counselors to help members navigate financial challenges.
• Refinancing and short-term loan adjustments available to help members cover essential expenses and maintain stability.

REV Federal Credit Union

• Offering a 0% interest loan for 90 days, with the loan amount based on verified payroll for two pay cycles.
• Assistance may be extended if the government shutdown lasts longer than 90 days, with adjustments based on return-to-work dates.

Truliant Federal Credit Union

Hardship Solutions for Government Shutdown Impact

• Members affected by the government shutdown can apply for loan assistance or call 336-293-2940 to speak with a dedicated Hardship Solutions representative.
• The Truliant Hardship Team offers personalized support during challenging times, including:
  • Payment deferral options
  • Loan adjustments
  • Financial counseling
  • Resources for budgeting and financial planning

State Employees’ Credit Union

• Assistance with making mortgage payments under MAP (includes partial payment plans, extensions)
• Extensions and payment plans for consumer loans and credit cards
• Variety of consumer loan options
• How members can monitor their credit
• Debt counseling

CPM Federal Credit Union

CPM Federal Credit Union continues to offer assistance to members impacted by the government shutdown, including:

• Loans at exceptionally low rates with no payments for 90 days

• Loan extensions

• Waived early withdrawal penalties on CDs

REV Federal Credit Union

• Offering a 0% interest loan for 90 days, with the loan amount based on verified payroll for two pay cycles.
• Assistance may be extended if the government shutdown lasts longer than 90 days, with adjustments based on return-to-work dates.

Santee Cooper Credit Union

• Reduced or no-interest loan
• $5 donation to local food bank for every “Shutdown Rescue” loan originated while the government is shutdown.
• Debt consolidation
• Additional assistance (e.g, donations to community organizations, etc.)

South Carolina Federal Credit Union

• Offering up to a $3,000 unsecured loan with a 36-month term at a low fixed interest rate (4–5%).
• Providing loan extensions and “skip-a-pay” options for existing loans, as appropriate.

South Carolina National Guard Federal Credit Union

• Skip monthly loan payments with no fee.
• Payroll gap loan: structured as a 12-month personal loan with a qualifying interest rate (12–18%); interest is waived if paid off within 60 days.

Spero Financial

• Loan amounts up to 100% of most recent two-week net pay (maximum $5,000) at 0% interest, with 60 days until first payment.
• Payment deferral: no payments for up to three months.
• Reduced payments: short-term modification allowing reduced payments for up to six months.
• Payment modification: restructure existing loans to align with current financial situations.
• Loan consolidation: combine existing Spero loans to lower overall monthly payments.

Truliant Federal Credit Union

Hardship Solutions for Government Shutdown Impact

• Members affected by the government shutdown can apply for loan assistance or call 336-293-2940 to speak with a dedicated Hardship Solutions representative.
• The Truliant Hardship Team offers personalized support during challenging times, including:
  • Payment deferral options
  • Loan adjustments
  • Financial counseling
  • Resources for budgeting and financial planning