HARRISBURG, Pa. (6/30/09)--State workers should seek out programs offered by credit unions to help their members if the state budget doesn’t pass, said Pennsylvania Gov. Edward Rendell during a press conference last week (Life is a Highway June 26). State workers will not receive paychecks if the state’s budget does not pass by Wednesday. Several Pennsylvania credit unions have said they will help members affected by the potential budget impasse. Pennsylvania State Employees CU (PSECU) has created a special loan program for its members who are state workers. Employees who stay on the job, but don't receive a paycheck can apply for a 0% Annual Percentage Rate (APR) loan (Life is a Highway May 29). For members who meet the credit criteria, the 0% rate will be available for up to 60 days after the governor signs the new budget into law. After 60 days, the loan will begin accruing interest at 3.9% APR until paid in full. Members participating in the loan program will have the option of borrowing up to $1,000 per pay period. Members 1st FCU, Mechanicsburg, Pa., will offer affected members the option to either “skip” a payment on any existing loans at no charge, or take advantage of a special 3.9% APR line of credit if they meet credit approval criteria (Life is a Highway June 8). The rate will be effective through July 31, and the first payment will be deferred until August. Qualifying members can borrow up to the amount of their normal paycheck, the credit union told Life is a Highway.