Dear Power Credit Union Members,
We are aware many of our members are being financially impacted by the coronavirus (COVID-19). Power Credit Union is here to help. We are offering the following to assist you:
- Up to three months no-fee skip-a-pay on existing closed-end loans (excluding mortgage loans) for members who have been financially impacted by COVID-19.
- Interest will continue to accrue during the deferral period.
- Contact us at 719-564-0710 to request a skip-a-pay.
Helping Hand Loans
- Signature loan up to $2,500 with a maximum loan term of 36 months. Rates as low as 5.99%. Credit qualifications apply.
- Signature loan up to $1,000 with a maximum loan term of 24 months. Rates as low as 12.99%. Limited qualifications apply.
- No payments are required until 60 days from loan closing.
Early Withdrawal Penalty Waivers
We will waive the early withdrawal penalty on certificates of deposit for a withdrawal of up to $2,500 for members who have been financially impacted by COVID-19.