LANSING, Mich. — NuUnion Credit Union is ready to offer financial assistance to help State of Michigan employees who may experience unpaid furlough days and an impact on their personal finances as a result of the state's current fiscal year budget crisis.
"State employees are the founders of our organization, and it's our privilege to be able to provide the financial assistance they may need during this uncertain time," said NuUnion CU President/CEO Stephan L. Winninger. "We've developed a loan product specifically for their unique situation that we think should help relieve some of their financial concerns."
State employees and others who may experience this same type of temporary income loss may apply for up to $7,500 at a 4.90% fixed interest rate for up to a 48-month term to help supplement their pay.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
