Regional Responds: We are all in this together

By: Regional Federal Credit Union Last Updated: March 24, 2020

COVID-19 Relief Program

REGIONAL is driven by the concept of “People Helping People.” We are dedicated to making lives better, helping businesses thrive, and serving our community.

These are extraordinary times, and extraordinary times call for decisive action on every level. We are implementing options to help our members lessen the impact of job loss, layoffs, reduced hours or a sharp decline in business income.

REGIONAL’s Skip-A-Payment Program is designed to help those affected financially by the current situation. Members are encouraged to call 1-800-762-7419 and speak with a REGIONAL team member about this program and others that we have available.

Consumer and Business Loan Skip-A-Payment Program*: For consumers and businesses facing a financial hardship related to family sickness or workplace closures due to COVID-19, REGIONAL will offer a Skip-A-Payment program for up to 180-days with no credit bureau impact. Multiple loans can be covered, with a small fee of $15 per membership.

CD Penalties Waived: We are waiving early withdrawal penalties if any member needs access to their money.

Personal Loan Relief Special: Receive up to $500 with a fixed rate of 5.00% APR with a maximum 9-month term. The first payment will be 45-days from disbursal date.

Visa Credit Card Skip A Payment Option: Skip your VISA credit card payment for 30 days with no impact on your credit bureau. No fee is required.

Refinance Option: No Payment for 90-Days to refinance any consumer loan financed elsewhere with REGIONAL.

Trusted Advisor: REGIONAL is here to try and assist our members in any way we can during these difficult times. Please call us with any questions.

*APR=Annual Percentage Rate. Subject to credit review. Rates are subject to change without notice. Not all applicants will qualify for lowest rate. Rates are based on credit history and qualifications. Promotion may end at any time without notice. Offer valid from March 28, 2020 through June 30, 2020. See a Lending Expert for full details.