Justice FCU members confronted with a government shutdown, sequestration or furlough will be offered special unsecured loans up to $10,000 at an annual rate of 0% for the first 60 days. After that time, the rate will convert to 4.90% for a term of 24-months.The loan amount will be based on the Member’s net pay deposit, with direct deposit required. In addition, members may defer their first loan payment for up to 60 days.
Vice President of Lending
Chantilly, VA - As concerns sweep the nation regarding a shutdown of the Federal Government, Justice Federal Credit Union (Justice FCU) is prepared to assist its Members.
The Credit Union announced that it would offer all Members from the Department of Justice and the Department of Homeland Security that require assistance due to loss of income, low interest loans and deferred payments.
Justice FCU Members confronted with a shutdown, sequestration or furlough will be offered special unsecured loans up to $10,000 at an annual rate of 0% for the first 60 days. After that time, the rate will convert to 4.90% for a term of 24-months.The loan amount will be based on the Member’s net pay deposit, with direct deposit required. In addition, Members may defer their first loan payment for up to 60 days.
Existing Members with a Justice FCU consumer loan, or VISA credit card, may request one payment deferral per loan. The Credit Union will make every effort to work with Members who may be struggling.
New Members are welcome to join and should contact the Credit Union to learn more about assistance.
“We will be there for our Members during this financial crisis,” said Peter Sainato, President & CEO. “Supporting the Justice community is a vital part of our mission. We were there for our Members during the last government furlough and plan to be there for them again,” said Sainato.
Members should contact the Credit Union at 800.550.5328 for special assistance, eligibility, restrictions and qualifications. Members may also apply online at www.jfcu.org for the special furlough loan.
About Justice FCU
Justice Federal Credit Union with assets over $594 M is headquartered in Chantilly, Virginia. The member owned, financial cooperative provides financial services nationwide exclusively to employees of the Department of Justice, the Department of Homeland Security, the Georgia Department of Public Safety, law enforcement communities, their family members, related associations, and contractors. Locations include Los Angeles and San Diego California, Atlanta and Forsyth Georgia, Illinois, New York, Texas, Virginia, West Virginia and Washington, D.C. For additional information, visit www.jfcu.org.
5175 Parkstone Drive, Suite 200, Chantilly, Virginia 20151 Phone: 800.550.5328