Banks, Credit Unions Offer Help to Federal Workers Stung by the Government Shutdown
About 16,000 workers received a 0% APR loan from the Navy Federal Credit Union/ Weeks into the partial government shutdown, tens of thousands of government workers are relying on special programs from banks and credit unions to stay financially solvent. About 16,000 federal workers – including many workers for the Coast Guard and Department of Homeland Security – have filed for 0% interest loans through the Navy Federal Credit Union, says Senior Vice President Tynika Wilson. The loans cover about 50% of federal workers’ lost paychecks, and ...
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