Maryland Daily Record Maryland's trusted source for business and legal news
Andrews Federal Credit Union, of Suitland, a financial institution with over $900 million in assets that serves primarily military and civilian personnel in Washington, D.C., parts of Maryland and New Jersey, and overseas military installations, said it will provide financial assistance to members who are furloughed as a result of the federal budget sequestration.
The credit union said it will offer members an interest-free Sequestration Bridge Loan up to $5,000 for 90 days.
After the 90-day period, standard interest rates will apply.
Flexible terms up to a year and payment options will be available to manage the loss of income.
For information, visit www.andrewsfcu.org.
