Furlough Assistance
If you’ve been impacted by the government shutdown, Alpena Alcona Area Credit Union is here to support you with special assistance programs designed to help you manage your finances through the uncertainty. We understand the financial challenges that can come with furloughs — that’s why we’ve created support options:
- Emergency Fund Loan assistance program
- Loan Extensions
- Waived Skip A Pay fees
Security Tip: During the government shutdown, be extra cautious with your personal information—scammers often take advantage of these situations. Always verify who you’re speaking with and how you’re sharing your details. If you receive a phone call requesting information or action, don’t rush—hang up and contact the organization directly using a trusted phone number or website.
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Emergency Fund Loans
To help cover essential expenses during the shutdown, we’ve implemented an Emergency Funds Loan for furloughed federal employees.
Eligibility:
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Are furloughed due to the the Federal Government Shutdown and need help paying monthly expenses
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Have direct deposit with AAACU prior to furlough
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Have not caused the the credit union a loss
Loan Details:
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Interest rate 0.00%
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Payment due once regular payroll resumes
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Loan amount may not exceed members regular direct deposit
Additional Financial Resources
We’re More Than a Place to do transactions — We’re Your Financial Partner
Payment Relief Options
To further support furloughed government workers, Alpena Alcona Area Credit Union is waiving skip-a-pay fees for government workers
and members will also be eligible for loan extensions when applicable.