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Furlough AssistanceUnited States Capitol Buildling

If your pay has been impacted by the Government Shutdown, we are here to offer you financial assistance during this time of uncertainty!  

We understand that life keeps moving, even when the government is at a standstill.  That’s why we are offering two affordable solutions to keep your budget intact so you can avoid the associated financial difficulties of an employment furlough. 

Furlough Assistance Loans 

  • 6.99% APR* with qualified automated payments
  • Up to $10,000
  • No Payments for 60-Days
  • 12-Month Terms
  • No Collateral
  • No Application Fee
  • No Prepayment Penalty

Payment Deferrals on RFCU Loans

  • Defer payments** until your paycheck resumes
  • No fee to defer payments
  • This will not negatively affect your credit score
  • This will not affect your future Skip-A-Pay eligibility

Who is eligible for assistance?

All Federal Government employees whose pay is affected by the 2018-19 Government Shutdown may apply for these offers.  You must be a member in good standing or eligible for RiverLand FCU membership. 

How do I apply?

Click one of the links below to apply.  We require a copy of your last paycheck and documentation of your job being impacted by the shutdown to begin processing.

If you’re not yet a member, that’s not a problem!  You may join and apply for a loan with no waiting period.

Apply for a Loan   Request Payment Deferral   Apply for Membership


*This rate and terms are available for a limited time to qualifying borrowers with qualified automated payments. Interest will begin to accrue on the date of disbursement. Monthly payment example per $1,000 borrowed = 12 payments of $87.03. Restrictions and limitations apply. Call for details.
**Loans must be in good standing. Interest will continue to accrue during the deferred payment period extending the loan term; see Deferred Payment Agreement for details.  

 

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