Pandemic Assistance Loan Program for Members

Mar 18, 2020

ORNL Federal Credit Union has created a loan program to assist members who have been negatively impacted by the ongoing COVID-19 pandemic. The Pandemic State of Emergency Assistance Loan Program offers impacted members the opportunity to apply for an unsecured loan at 0% APR fixed rate for the first six months and 3% APR fixed rate for the remainder of the loan term. 

The special rate is available to existing ORNL FCU members (of at least 90 days) who meet specific qualifications. It offers a maximum term of 48 months, members can take up to 90 days to make their first payment, and the limit is based on the impacted member’s income.

Members can apply for the Pandemic State of Emergency Assistance Loan Program by contacting the Credit Union at 865.688.9555 or 800.676.5328.

All loans based on credit worthiness. “48 monthly payments of $22.00 per $1,000 borrowed.

 

Managing your finances remotely

If you or someone you have been in contact with is suspected of having the coronavirus (COVID-19), we ask that you protect yourself and others by using our digital services. 

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