As a result of the recent Federal Government shutdown, we recognize that many individuals may be experiencing a temporary financial hardship due to a disruption in pay. To support our members who are impacted, the NIHFCU is offering a Special Assistance for Federal Employees (S.A.F.E.) program. All Federal Government employees that experienced a disruption in pay are eligible.1
S.A.F.E. Closed-End Loan2
Borrow up to $10,000 for 24 months
0% APR for the first 60 days
Then, rates as low as 5.24% APR2 for the balance of the loan term
How to Apply
For the fastest response, we strongly urge all S.A.F.E. Loan applicants to use our online application.3 However, applicants can also visit any NIHFCU branch or call us at 800-877-6440. Please have the following items available (including co-applicant information4 if applicable) when applying for SAFE.
Loan amount requested ($500 - $10,000)
Two most recent paystubs
An official Federal Government furlough notification and documentation verifying you are a current Federal Government employee.
Other items as needed
Not yet an NIHFCU member? For a loan to be disbursed, you must first become an NIHFCU member. Learn more about becoming a member.
Certificate Early Withdrawal Penalty Waiver. To help you quickly re-allocate funds for other needs, you can withdraw from your NIHFCU certificate without NIHFCU’s early withdrawal penalty. Click here to complete the early withdrawal request form.
Overdraft Fees. NIHFCU will reverse qualified overdraft fees resulting from a temporary disruption in pay.
NIHFCU Loan Payments. Contact our Loss Mitigation Department at 301-296-2540 or email to assess other loan payment assistance may be available.
Complimentary Financial Counseling offered by BALANCE. Speak confidentially to a Certified Financial Counselor at 888-456-2227.
1Subject to membership eligibility
2 APR = Annual Percentage Rate. Loan decisions are based on creditworthiness, with rates and terms subject to change without notice. Restrictions may apply. Advertised APR includes 0.25% rate reduction for auto-pay on this loan.
3 Online banking required
4 Co-applicant must be present on the call for phone applications or present in the branch for face-to-face applications.
© 2019 NIH Federal Credit Union