LOAN OR MORTGAGE RELIEF AVAILABLE
Apply By July 10, 2020
Thank you for being a member of First United Credit Union.
Because of recent COVID-19 events, we have been awarded a $10,000 grant by the NCUA (National Credit Union Administration) to give loan payment relief to members. In July, we will award 10 members with an opportunity to waive one loan or mortgage payment of up to $1,000 each.
Interested members should apply here. We’ll be accepting applications through July 10 and will announce the recipients on July 17.
We want to hear your story to help us determine who may benefit the most from this opportunity. On your application: Tell us about your credit union relationship, how it has changed your life, and why this payment relief would help you.
Recipients will receive a loan payment made on their behalf from the application pool.
We encourage you to apply today!
If you have any questions, please call or text us at 616.532.9067.
* Application available to members age 18 and older in goodstanding with a mortgage at First United CU or any type of closed-end (installment) loan at First United CU. Employees, board members, and committee members, and their relatives are excluded from this grant opportunity. Vendors the credit union does business with and their relatives are also excluded. Only members of First United Credit Union are eligible to apply for the grant. Upon receipt of each application, we will review each application individually and make our selection based on need and credit union relationship. At a minimum, we will select ten members for loan payment relief: up to $1,000 each. If the payment is less than $1,000, we have at our discretion the ability to choose additional members (above the 10) to also receive loan payment relief, until our $10,000 grant is fully disbursed.
NOTE: WE WILL FOLLOW THE ANTI-DISCRIMINATION GUIDELINES AS DIRECTED BY THE ECOA AND FH ACT. The Equal Credit Opportunity Act (ECOA) prohibits discrimination in any aspect of a credit transaction. It applies to any extension of credit, including extensions of credit to small businesses, corporations, partnerships, and trusts. The ECOA prohibits discrimination based on race or color; religion; national origin; sex; marital status; age (provided the applicant has the capacity to contract); the applicant’s receipt of income derived from any public assistance program; the applicant’s exercise, in good faith, of any right under the Consumer Credit Protection Act. Additionally, the Fair Housing (FH) Act prohibits discrimination based on race or color; national origin; religion; sex; familial status (defined as children under the age of 18 living with a parent or legal custodian, pregnant women, and people securing custody of children under 18); handicap. For more information, please contact the credit union.