Call for CU Assistance During Government Shutdown Continues

CUNA is continuing to collect information on the increasing the number of credit unions around the country that are providing assistance to furloughed federal workers. CUNA’s Shutdown Assistance page features information on the various ways credit unions are helping members affected by the shutdown.

“America’s credit unions have stepped up with relief programs for employees affected by the shutdown offering members that includes little-to-no-rate loans, deferred payments and other services designed to assist these workers until the government is funded,” said CUNA Chief Advocacy Officer Ryan Donovan. “This is what we mean when we say that credit unions are people helping people.”

Credit unions can submit information on how they have assisted members to Stephen Fitzmaurice, CUNA’s director of public affairs, at sfitzmaurice@cuna.coop.

Credit union efforts began shortly after government funding lapsed in December and continue as federal workers missed their first paycheck last week. Several media outlets have noted these efforts, including CNBC and Vox.

Congressional leaders have also shared information about credit union efforts. Rep. Jamie Raskin (D-MD.) hosted a Facebook live video Wednesday with the Maryland & D.C. Credit Union Association highlighting the work credit unions are doing assisting federal workers.

Other legislators, including Sen. Lamar Alexander (R-Tenn.), Sen. Dianne Feinstein (D-CA) and Rep. Katie Porter (D-CA) encouraged federal workers in their states to check out the resources provided by credit unions.