Friday, October 11, 2013

Good News (in spite of the government shutdown)

When my family first moved to the Springfield area, we set up our banking accounts at The Postal/Federal Employees Credit Union. Several years ago the Credit Union made the change to a "community" credit union and a name change followed. It is now BluCurrent Credit Union.

I give you the brief history because this particular credit union still has a large number of postal and federal employees; members that are being impacted by the antics of our elected reprehensatives in DC. In order to keep us federal employees from defaulting on our mortgages, car payments, credit cards, etc., and to allow us to put food on our tables, this little credit union is offering no interest loans in amounts that are based on our regular payroll deposits to its members. These no interest loans are expected to be paid back in lump sums once the shutdown has ended and we receive our pay.

I think that is pretty darn cool!

It sure relieves a lot of the stress that would normally accompany a short term furlough for many or working for an IOU as air traffic is currently doing.

Roses for BluCurrent.
Thorns to our legislators!

John <><

1 comment:

Mike said...

Somehow I can't see Bank of America doing that.