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CU System
With end of Minn. shutdown CUs aid still stands
ST. PAUL, Minn. (7/18/11)--With the Minnesota government ending its statewide shutdown, at least one credit union says that those who suffered from the two-week-long shutdown still can find extra assistance. Affinity Plus FCU, a $1.3 billion asset credit union in St. Paul, announced Thursday it will set aside $25 million for a loan program to help state employees to help cover skipped loan payments. It also will provide refinancing or low-interest loans, said its website. The credit union's offer was featured in the Winona Daily News (July 15). The credit union's St. Paul-Lafayette branch in the metro area and local branches Friday held a "State Shutdown Aid Fair" Friday during business hours. The credit union offered refreshments and discussed options with members for a personalized approach to ease any financial hardship. Among the personalized solutions offered: a financial assessment, budget planning individual product and services solutions, skipping payments, mortgage modifications, including refinancing mortgages and more. Just after the credit union's announcement the state revealed the governor and lawmakers were working on a deal to stop the shutdown. Late Thursday night they announced they had reached a deal and that the state government would re-open soon. Friday was to be the last paycheck for workers affected by the shutdown.
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