The $1 billion Pen Air FCU said it will offer a six-month, no-interest loan up to the full amount of a member's paycheck if the government shuts down.
Military and civil service members who have direct deposit with the Pensacola, Fla.-based credit union are eligible. The loan also applies to members with direct deposit from government agencies such as Social Security.
Pen Air is offering the loan in response to the debt ceiling negotiations. If the $14.3 trillion debt ceiling is not raised by Tuesday, the Treasury Department said the federal government could shut down.
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