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At Granite Credit Union, we realize the hardship that many federal employees are experiencing because they are not receiving their paycheck during this prolonged government shutdown. We’re always there to help in good times and hard times. That’s why we’re currently offering a low-cost loan to furloughed federal government employees to assist you while you wait for the government to reopen.
To be eligible for this loan you must:
Be an employee or federal contractor for the federal government who has not received a paycheck due to the Federal Government shutdown.
Provide a copy of your furlough notice.
Apply online, in-branch, or by phone.
When applying online, select “Unsecured” as the Type of Loan, select “Other” as the Purpose of Loan and enter “Furlough” for the Reason For Other.
| Loan Term | APR* | Rate Type | Estimated Monthly Payment |
|---|---|---|---|
| 12 Months | 6.00% | Fixed | $86.07 per $1,000 borrowed |
*APR is Annual Percentage Rate. Membership eligibility required. Proof of Furlough will need to be provided to qualify for the reduced rate. Loans offered on approved credit, not all applicants will qualify. Rates and terms may vary based on credit profile and credit union services used. Offer, rates, and terms subject to change without notice. No down payment required. Other terms and conditions may apply.
