MISSOULA – The Missoula Federal Credit Union is offering help to their members who are being affected by the partial federal government shutdown.
The credit union is are waiving late fees, allowing skipped payments, and pushing extensions and forbearance possibilities as far as possible for existing loans.
Second, they have rolled out an emergency loan for federal employees, that is one month’s gross pay, up to $5,000, with no payments for 90 days.
Finally, MFCU has a full-time financial counselor on staff to help members think through some of the financial challenges and trade-offs they might be facing. Time with this individual comes at no cost to members.
Stockman Bank announced earlier this week that they were also taking steps to help those affected by the shutdown.