Federal Furlough Relief Loan!
If you have been furloughed due to the United States Government Shutdown, we want to help!
Matanuska Valley Federal Credit Union has you covered with a special Federal Furlough Relief Loan that will be offered to our federally employed members.
The amount of the loan will be granted by calculating the lesser of the member’s monthly gross income times two or a maximum of $10,000. This loan will be available to all members who qualify*:
- * Proof of furlough will be required for program
- Loans up to $10,000
- 6.99% Annual Percentage Rate (APR**)
- Up to 60 months to repay
- No application fee
*Proof of eligibility for relief services required (e.g. a recent paystub or record of direct deposit from a government-related agency).