By J.G. Noll
USAA confirmed to MilitaryOneClick this morning that they will offer help to those members impacted by a government shutdown, should Congress not reach a budget agreement by Friday.
In an email to MilitaryOneClick, Roger Wildermuth, Director of Public Affairs for USAA, said that “USAA Bank is prepared to offer a no-interest, 0% APR payroll advance loan to military personnel with existing direct deposit at USAA if a shutdown impacts the mid-May military pay.”
While it is yet to be seen if a government shutdown will take place, USAA members will receive notification from the organization through the “My Offers” portal of USAA.com.
Wildermuth said that USAA is prepared to work with their members by offering “other solutions, including special payment arrangements, to help USAA members who receive federal payments and find themselves in financial distress because of a funding lapse.”
Navy Federal Credit Union has also offered assistance to their members through a 0% interest, no-fee loan. More information can be found here. At publication, Marine Federal Credit Union had not yet announced their plans for members in light of a government shutdown; however, they had offered assistance during the 2013 shutdown.