SAC Federal Credit Union has announced that it has a plan in place to help members in good standing who are facing a decrease in pay due to furloughs because of the implementation of sequestration. Federal civilian employees could lose up to 20% of their income due to furloughs. SAC recognizes the difficulty that this will have on its affected members and is ready to help lessen the financial effects of the furloughs. SAC will provide financial counseling, loan modifications, skip pay options, emergency short term loans, and no penalty for early withdrawal of share certificates. Members are encouraged to visit any of SAC’s 21 branches so staff can work with them during this disruption.
SAC Federal Credit Union is Nebraska’s largest credit union and is locally owned by its members. SAC is recognized for its community involvement. It is community chartered and membership is opened to everyone in Washington, Douglas, Sarpy, Cass and Saunders Counties in Nebraska and Pottawattamie, Mills and Harrison Counties in Iowa. SAC FCU offers a full line of personal and business financial products including checking, loans, mortgages and online banking.
For more information about SAC Federal Credit Union, please visit www.SACFCU.com.