Credit union responds to members impacted by shutdown
In response to the recent federal government shutdown, Town & Country Credit Union has announced a series of financial relief options to support federal employees and their families who may be facing financial uncertainty during this time.
The credit union is offering three specific forms of assistance to help its impacted members:
– Loan extensions on consumer loans with no fees, excluding mortgage and Visa credit cards, through Oct. 31.
– Penalty-free withdrawals from certificates of deposit through Oct. 31.
– In partnership with the Bank of North Dakota, eligible federal employees can receive up to three months of base net pay through a non-revolving line of credit. The interest rate is fixed at 2%, with no fees, no collateral required and no prepayment penalties. Repayment begins three months after the first disbursement and is made in three monthly installments. The application deadline is January 2 or until the shutdown ends.
“We know this is a stressful and uncertain time for many of our members,” Kalli Schell, CEO/president of Town & Country Credit Union said. “As a member-owned credit union, we’re committed to supporting our communities with compassion and flexibility when it’s needed most.”

