Relief Assistance Programs
We are prepared with solutions to help you weather the storm during the government shutdown.
We are Here to Help — For You, For Life
If you have been impacted by the government shutdown, and need financial support, we are ready to provide assistance and discuss solutions that may be available to you during this time. We offer a variety of programs and resources like those noted below.
Should you need assistance, please contact our member service representatives. You can chat with a live representative, schedule an appointment for a call back or send a secure message through online banking.
Furlough Loan
- 7.99% APR* Fixed Rate
- Maximum loan amount of $5,000.00
- Maximum loan term of 36 months
- No payment for 90-days
Skip-A-Payment Program
We’re waiving the application fee on our Skip-A-Payment program which includes ONELine, our home equity loans and credit cards, in addition to our vehicle and personal loans.
Certificate Withdrawal
We're waiving the "Early Withdrawal Penalty Fee", if you need to request a withdrawal from your CommonWealth One Share Certificate(s).
Scammers are notorious for capitalizing on fear, and a government shutdown is no exception.
Remember, CommonWealth One will not ask you for confidential information such as your name, account number, social security number, or other personal identifying information in an email, text, or phone call.
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CommonWealth One Federal Credit Union is a full-service financial institution with branches in Northern Virginia, Harrisonburg, VA and Washington D.C.
Disclosure
*APR = Annual Percentage Rate. Member can only have one Furlough Loan at a time. Must be a federal government employee on furlough to qualify (member MUST send a copy of the Furlough Letter to verify furlough status). No internal refinances of current CommonWealth One personal loans. Must be a member in good standing for at least 6 months. The $50,000 unsecured aggregate still applies.