Navy Federal Offers Relief During Government Shutdown

December 26, 2018

Navy Federal Credit Union has announced a plan to cover direct deposit for eligible members during the government shutdown. Coverage for this loan begins if a shutdown extends into the next pay period and pay is interrupted.

The credit union is offering assistance to Federal government employees and active duty members of the Coast Guard whose pay has been disrupted by the shutdown, and have an established direct deposit account. Navy Federal will also continue to accept registration for the program until three days after the scheduled pay day.

“Our members deserve peace of mind during a government shutdown, and eligible members can register to get some relief,” said Tynika Wilson, senior vice president of debit card and fund services at Navy Federal. “Public service is a defining characteristic of our membership, and this is the right thing to do.”

Program registration begins is availableon Navy Federal’s website navyfederal.org, in branches or by phone at 1-888-842-6328. Wilson urged eligible members to register so their pay is covered. Members impacted by the shutdown who don’t meet the eligibility requirements should visit a branch or call to discuss their situation with a representative.

“This is an evolving situation we are monitoring. Not knowing whether there will be available funds in your account can be especially troubling this time of year,” continued Wilson. “This is just another way in which we can help spread some happiness and relief during the holidays.”

Navy Federal helped its members in similar situations in April 2011, September 2013, and earlier this year. To find out if your pay is affected, check with your agency or visit opm.gov, dhs.gov or defense.gov.

Comments

5 Responses to “Navy Federal Offers Relief During Government Shutdown”

  1. John on December 28th, 2018 8:10 pm

    This is Really good of them to offer assistance!!!! Thank you Navy Federal!!!

  2. Lifendason on December 27th, 2018 8:47 am

    Wow, thank you NFCU! I have yet to heard anything bad toward NFCU. I’m seriously thinking of applying. I’ve been at this job for almost 19 years now and received one raise. I keep hearing NFCU promotes from within and might be time for a NEW YEAR! :)

  3. Bewildered on December 27th, 2018 1:07 am

    It’s a nice gesture on the part of the credit union. Of course they know they are not running a risk advancing money to public employees – its only a matter of time until the sorry bunch in Washington gets bored playing their game with peoples lives. Maybe one day the people will get fed up enough to turn it around – not only hold them hostage but kick every single one of them to the curb for good.

  4. Gary on December 26th, 2018 1:14 pm

    Not only a great place to be employed but also to bank.
    Thanks Navy Fed.

  5. Miranda stovall on December 26th, 2018 10:40 am

    Amazing, at least someone CARES to help us as military members.

Written by William Reynolds · Filed Under News