A growing number of credit unions nationwide are prepared to help members navigate financial hardship caused by the sequestration.
Barring last-minute action by Congress, the sequester and its automatic budget cuts and possible furloughs, can begin late Friday. Some workers could see their paychecks cut by as much as 20%, with a one-day-per week furlough.
Randolph-Brooks in Live Oak, Texas, and APG in Edgewood, Md., said they will offer assistance to members who may be affected by sequester-related budget cuts.
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
© 2024 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.
