CFCCU and the Covid-19 Pandemic
Safeguarding the health and safety of our members and our employees is our paramount concern during the ongoing Pandemic.
In that light, we are continuing to monitor what our Governor is saying about the stay-at-home proclamation to which we are subject. When we feel we can safely open our doors again, we will put out an official statement. In the meantime, our Waverly branch remains closed as well as the lobbies in our Cedar Falls offices (Downtown and Industrial Park). Here are some changes you will experience when we are able to open our doors again to keep health a priority:
- No Popcorn on Fridays
- No coffee station or food
- Social distancing required in lobby
- Limited number of members allowed in lobby at the same time
Until that time, we continue to offer a full range of electronic services to you:
- Remote deposit capture-take a picture of your check and deposit it through the Mobile Banking Application
- Home Banking and Mobile Banking-access your account 24/7
- CFCCU Debit Card–make purchases and get cash if needed
- CFCCU Credit Card-for those online purchases
- Shared Branching-over 5,000 locations across the country available to serve your needs
If you are experiencing financial difficulties, please contact a loan officer to see about a loan modification and/or an extension. We are all in this together and we are here as your financial partner to help you through these challenging times.
Thank you for your patience, and we look forward to the time when we can safely open our lobbies again to better serve the best members in the world.
RELIEF OPTIONS AVAILABLE TO MEMBERS
FINANCIAL RELIEF LOANS
• $250 – $3,000 at 1.99% APR*
• No collateral required
• No payments for 90 days
RELIEF SKIP-A-PAYMENT
• Waived processing fee
• Skip up to 2 (two) monthly payments on your CFCCU loans in 2020
MORTGAGE EXTENSIONS
• Request up to 2 (two) months of deferred payments on your CFCCU mortgages with a (2 month) extension
• No processing fee
FORGIVENESS ON CERTIFICATE OF DEPOSIT (CD)
•No penalty for early withdrawals from CDs
LATE PAYMENT FEES
• No late fees on any loan product offered at CFCCU
AUTO LOANS
• Refinance with CFCCU
• Purchase and refinance rates as low as 2.94%
• No payment for 60 days
Check out our last blog post for tips on managing your finances during COVID-19