Hope Starts Here: Supportive Loans for Tough Times

Shutdown Support Loan

  • Up to three months’ net pay.
  • Repayment terms: 6, 12, or 18 months.
  • Zero interest for 90 days and then 6.99% fixed rate for the remainder term.
  • No Origination Fee
  • Who qualifies:
  • Federal employees, active-duty service members, or government contractors paid directly by the government, who did not receive a paycheck due to the shutdown.
  • Must be an existing customer of cfsbank.

  • Required documents:
    • Most recent pay stub to prove employment.
    • Furlough notice.
  • Credit approval required.

Monthly payment example: 18 monthly payments per $1000 borrowed, the first three payments at 0.00%APR* would be $55.56 per month. After the first three payments are made, borrower would pay $58.18 per month for the remaining 15 months with a Fixed 6.99% Interest Rate and a corresponding 6.99%APR.

*Annual Percentage Rate

Call your nearest cfsbank office for details.