Credit Union Offers Help During Government Shutdown
October 10, 2013
PORTSMOUTH �Service Credit Union will credit direct deposit for military and DoD government service (GS) �members affected by the government shutdown through its "Government Shutdown program."
Service Credit Unions Government Shutdown program automatically deposits the amount of military or DoD civilian government service (GS) pay into the members account, based on their last received direct deposit to the credit union.
"We wish to minimize and ensure that our military and DoD civilian members do not encounter any financial hardship, inconvenience and/or financial harm due to the government shutdown" says Gordon Simmons, President/CEO of Service Credit Union. "Service Credit Union is honored to support our loyal members with this safety net."
Those military and DoD civilian employees who are affected by the government shutdown, and are not members of Service Credit Union can open up an account with direct deposit of their net pay and qualify for future Government Shutdowns.
When the members DFAS direct deposit is received, the funds Service Credit Union deposited to the members account prior to receiving the actual funds will be automatically deducted from the members account by Service Credit Union.
Military and DoD government service (GS) employees who do not have an account nor are currently sending their direct deposit to Service Credit Union may apply for a low 4.9% "Government Shutdown loan" online, by phone or in branch.
Service Credit Union is a full service financial institution with nearly 180,000 members worldwide, offering a wide range of financial products to its members.� With 41 branch locations including two staffed 24/7 contact centers, and full internet banking services, Service Credit Union serves anyone who lives or works in New Hampshire (excluding Coos County), 4 towns in Cape Cod, MA., and all branches of the U.S. Military and Department of Defense employees and their families. With over $2.3 billion in assets, Service Credit Union has 24 branches in New Hampshire, one in Massachusetts, and 16 branches on U.S. military bases in Germany.