Government Employee Furlough Program

0% Interest Government Employee Paycheck Loans

*0% Interest Loans may be granted to government employees on furlough in the amount of their net pay as stated on the last received paystub or amount deposited into their Fidelis account.  No payments required for 90 days. **

Disclosure:
This program is for members of Fidelis Catholic Federal Credit Union.  You must be 18 years old to participate.  You must have previously established your government issued payroll to be direct deposited to your Fidelis account prior to the government shut down.  Loans will be granted up to the amount of your last deposited net government payroll.  The maximum loan amount may not exceed $5,000.00, without consent of a Senior Loan Officer.  The entire loan balance will be due and payable at the end of the 90-day term.  *0% Interest only applies to the “Government Employee Paycheck Loan” participants. Loans granted are based on approved credit and participants must have their accounts in good standing with Fidelis. 

Or you may choose to defer your credit union loan payments.

Government Employee Furlough Loan Payment Deferment Plan

Members impacted by the government shut down who have existing credit union loans; may request a 1-month loan deferment on their loan payment.  Loans must be in good standing at the time of the request.  The offer excludes first mortgage loans, and credit card loans. Interest will continue to accrue on the loan while in deferment. **

Disclosure:
**The Government Employee Paycheck Loan offer and the Employee Furlough Deferment Loan Plan cannot be combined.  These offers are subject to change or may be terminated at the discretion of Fidelis Catholic Federal Credit Union.

Please contact us at 303-424-5037 or email us a loans@fideliscu.org