GLENDALE, Calif., Jan. 9, 2025
/PRNewswire/ -- California Credit Union has announced
that it will offer special relief programs to support current
members who have been impacted by the Los
Angeles County wildfires. Programs include:
- Loan Payment Assistance: Members may skip a payment,
with all fees waived, on their Consumer auto loan and/or Signature
Plus loan (Personal Loan).
- Penalty-Free Certificate Withdrawals: Members with
certificate accounts may request early withdrawal to cover expenses
with no fees or penalties.
- Reduced Rate (APR) Signature Loans: Members may apply
for a signature loan at a 4.00% lower rate than the current lowest
rate offered by the credit union with a variety of terms. Members
may receive up to two times their most recent net paycheck, up to
$3,000.
"The wildfires have been devastating for many in our communities
and we're here to help. California Credit Union members can rest
assured we will work alongside them with a variety of special
assistance programs to help alleviate some of the financial stress
they may be experiencing," said California Credit Union
President/CEO Steve O'Connell. "We
encourage members who may be impacted to contact us with questions
or concerns about their finances so we can assist them through this
challenging time."
For more information, members should contact California Credit
Union at 800.334.8788, visit any credit union branch or go to
ccu.com.
About California Credit Union
California
Credit Union is a federally insured, state chartered
credit union founded in 1933 with assets of $5 billion, approximately 200,000 members and 25
retail branches. Named a Forbes
Best-In-State Credit Union in 2024, California Credit Union
serves community members and businesses in the California counties of Los Angeles, Orange, Riverside, San
Bernardino, San Diego and
Ventura as well as school
employees throughout the state. The credit union operates in
San Diego and Riverside Counties as North Island Credit
Union, a division of California Credit Union. The credit union
offers a full suite of consumer, business and investment products
and services, including comprehensive consumer checking and loan
options, personalized financial planning, business banking, and
leading-edge online and mobile banking. California Credit Union is
certified as a Community Development Financial Institution (CDFI)
with a Low Income Designation, offering inclusive products and
services to build financial stability in our underserved
communities, including a checking account certified as meeting the
Bank On National Account Standards. Visit ccu.com for more
information or follow the credit union on Instagram® or
Facebook® @CaliforniaCreditUnion.
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SOURCE California Credit Union