Bethlehem, PA – January 25, 2019 – To help ease the hardship caused by the ongoing Federal government shutdown, First Commonwealth Federal Credit Union is offering assistance and connection to community resources to members that have been financially affected.
“It’s our mission to help our members achieve their financial happiness. We will always do what we can to help our members and their families, especially when unexcepted financial difficulty strikes. We realize for many, this may be the first time they’ve been faced with this type of crisis and we’re here to help guide our members. We’ve developed a program geared to help members that may need one-time or ongoing assistance, such as those with real estate loans with us who may need a temporary reprieve or alternate long-term solution,” said Donna LoStocco, President and CEO of First Commonwealth.
As a not-for-profit, member-owned financial cooperative, First Commonwealth has been helping members for more than sixty years and their teams of dedicated professionals immediately rallied to create programs to assist members at the onset of the government shutdown. Being there and doing good for their more than 60,000 members is not new to First Commonwealth, as the institution has a history of working closely with members in need to find creative solutions that ensure members’ long-term well-being. Assistance offered to members during the government shutdown is based on individual circumstances and includes skip-a-pay or interest-only payments on closed-end consumer loans; zero-interest personal loans, Certificate early withdrawal penalty waivers; late or courtesy pay fee waivers; as well as other accommodations based on need.
In addition to helping members financially, First Commonwealth’s Corporate Social Responsibility initiatives, including their WE Thrive Foundation, is helping to connect members whose needs go beyond financial to community and social services throughout the Lehigh Valley and beyond.
If you’ve been impacted by the government shutdown, please call First Commonwealth at 610.821.2400 ext. 6134 to see what help is available for you.
ABOUT FIRST COMMONWEALTH FEDERAL CREDIT UNION
First Commonwealth, based in Bethlehem, PA, is a leader in banking innovation and the largest credit union in the Greater Lehigh Valley. With eight financial center locations and a best in class digital banking center, First Commonwealth serves more than 61,000 members and 1,300 member companies in the Greater Lehigh Valley and beyond. As a member-owned, not-for-profit financial cooperative, First Commonwealth is a leader in the B2C and B2B financial services marketplace and has been committed to growth, innovation, technology and personal, friendly service since 1959. First Commonwealth has 170 employees and $700 million in assets and serves its membership through purpose-driven and mission-based values to help members prosper. First Commonwealth FCU is committed to giving back through their First Commonwealth FCU WE Thrive® Foundation and Corporate Social Responsibility initiatives. www.firstcomcu.org