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Special Government Shutdown Assistance

We understand that these are difficult times for many of our members who are affected by the shutdown of the Federal Government, we know that every family's situation is different, so that is why at Northeast Credit Union (NECU) we have specialized options available to help you.

  • CD penalties waived for early withdrawals; IRA rules still apply.
  • Deferments for up to three months on NECU consumer loans
  • 3.99% APR1 on a 12-month Signature Loan2
    • No payment for 90 days
    • 0% interest for the first 90 days; 3.99% APR1 fixed rate thereafter
    • Max loan amount is member’s monthly net pay
    • If the shutdown persists more than one pay period, an extension of the loan will be reevaluated
  • For members with payroll direct deposit at NECU
    • Upon member’s request, NECU will deposit member's net pay in their checking account to be re-paid to NECU
    • Payroll deposit will continue at member's request, at the credit union's discretion, or until Government funding is restored.

As always, if you have any questions or need help, feel free to give us a call at 1-888-436-1847 during regular business hours (M-F 7am-8pm, Sat 8am-5pm), email us at, or stop by one of our branch locations in New Hampshire or Maine so we can say hello face-to-face and one of our friendly team members can assist you.  

1Annual Percentage Rate (APR) is accurate as of 12/20/18 and subject to change without notice. Must be a Federal Employee that has been affected by Government shut down. To take advantage of these options, members or prospective members must be in good standing with the credit union. We cannot approve the loan if the member has recently filed for bankruptcy and it is not discharged.

2This loan does not qualify for additional discounts. The maximum loan amount is equivalent to or less than monthly net income and a maximum term of 12 months. Offer may extend the term of your loan. Finance charges begin accruing 90 days after the loan origination date. Example for a $2,000 loan with a rate of 3.99% APR for 12 months: monthly payment is approximately $ 172.59. The total finance charge is $43.48. Includes debt protection. Other restrictions may apply. Loans are not subject to credit approval. Membership required. Offers subject to change at any time.