The $54 billion Navy Federal Credit Union said this week it would cover direct deposits of active duty military members if the government shuts down next week.
A government shutdown is possible at midnight on Sept. 30 if Congress doesn't act on a continuing resolution, but Navy Federal said it will process Oct. 1 direct deposits to active duty personnel as normal and also will cover their Oct. 15 pay.
"Our number one concern is our members and their families," Cutler Dawson, Navy Federal president/CEO, said in a statement on Tuesday.
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