Protecting one another.

April 2, 2020

A Message to Our Credit Union Members

We’re here for you – As your credit union, we continue to monitor the latest updates regarding the Coronavirus (COVID-19) and want you to know we are here for you as we always have been.  Your deposits are safe and insured.  We’re not going anywhere, because at its core, our credit union is not a building or a business, it’s people working together for a common goal.

Access to your money – The safest and easiest way to access your money 24 hours a day is through our online banking services. If you don’t currently have access on your mobile phone, now is a good time to initiate this with internet and then download our mobile app.  While our lobbies are closed, we encourage you to use our drive-throughs that are operating during normal business hours, or our ATMs or ITMs.  You may also call our offices for assistance with transactions.

Here to help you – If you’ve been financially impacted by this pandemic, our staff is prepared to discuss your options and help guide you through these uncertain times. Now, more than ever, we are here to support members like you.  We have the following new offerings to share with you.

Emergency Loan – a special signature loan up to $3,000 with a rate of as low as 4.99% APR* with a term of 24 months. Limit one emergency loan per member.  This offer is available through June 3, 2020. *Annual Percentage Rate. Loans subject to credit approval.

Special Skip-a-Pay program is available on existing eligible loans for the months of April, May or June.  Only two months per loan can be skipped.  (Interest continues to accrue daily during the skipped payment period.) Please contact your loan officer to further discuss options available to you.

Business Loans – We’re here to assist our business members though a variety of options. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.

Lenders may begin processing loan applications as soon as April 3, 2020. The Paycheck Protection Program will be available through June 30, 2020. Apply here.

Please call with questions or for more details on any of these special offerings.

Rhonda Diefenderfer, President/CEO