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Government Shutdown

Support for our members

Navigating a government shutdown can feel uncertain, but we’re committed to providing stability. 

SCCU is closely monitoring the situation and the effect it may have on our members. 

We’re all in this together, and our team is ready to assist you.

To be eligible for the assistance programs, you must be one of the following:

  • Federal government or civilian employee
  • Government contractor with payroll received from the federal government
  • Member of the military

We have options below in place to help ease the financial strain during this time.

Government Shutdown Assistance & Resources

We’re here to help members navigate financial challenges related to a government shutdown.

Consumer Loan Assistance

If you’re experiencing financial hardship due to the government shutdown, SCCU offers several assistance options for your existing consumer loans. Please:

  • Stop by your local branch to discuss your specific situation.
  • Reach out to us at 800-447-7228 to speak directly with a Team Member.

Early CD Withdrawal

SCCU is offering penalty-free early CD withdrawals to assist members experiencing a hardship due to the shutdown. You can withdraw up to $10,000 without penalty. Your financial well-being is our top priority, and we’re here to help you navigate any challenges that may arise.

Loan Extension

SCCU is offering auto loan extensions to assist members who may experience financial hardship due to the government shutdown.

Terms

  • Consumer loan extensions are available for 30, 60, or 90 days.
  • Loans delinquent more than 45 days will be subject to special review/approval.
  • Interest will continue to accrue during the extension period.
  • GAP coverage may be affected if extensions exceed two months.
  • Members are responsible for suspending automated bill payments during the extension period.

To apply for a loan extension, log into Online Banking and submit a Secure Form.

Interest Only Modifications

SCCU is offering Interest Only Modifications on Auto, Boat, Motorcycle, RV, and Unsecured Installment Loans to assist members experiencing financial hardship due to the government shutdown.

Relief Loan

SCCU is offering a special signature loan to assist members affected by the government shutdown.

Details and Requirements*

  • Must be a current SCCU member.
  • 0% APR for up to 12 months.
  • 5.99% APR for up to 24 months.
  • Maximum loan amount equal to one month of typical pay, up to $5,000.
  • No prepayment penalty.
  • Must have had a government employment payroll direct deposit to an SCCU account, or provide a paycheck stub from a government employer.
  • Income from government retirement and Social Security does not qualify.

* APR is Annual Percentage Rate. Loans granted based on creditworthiness. Certain conditions apply. SCCU standard late fees will be charged if borrower does not meet payment terms. Offer subject to change and may be withdrawn by SCCU at any time. Loan amount up to $5,000.

Apply Now

Mortgage Loan Assistance

If you’re having difficulties making your mortgage payment, please reach out to our Credit Solutions Department, option 3, and a Team Member will be happy to discuss solutions available to you. Call 800-447-7228.

Helpful Resources

For a deeper understanding of how government shutdowns work and what they mean for federal services, we recommend reviewing this nonpartisan guide:

Government Shutdown Q and A

Common questions addressed:

  • What services are affected?
  • How federal employees are impacted?
  • Why programs like Social Security continue?
  • What Congress can do to avoid shutdowns?

Stay Informed

We will continue to update this page as new information becomes available. Please check back regularly or follow SCCU on social media for the latest updates.