Government Shutdown Resources

1. With a September 30 deadline approaching, eligible Navy Federal members seeking assistance in the event of a government shutdown are now able to enroll in the credit union's Paycheck Assistance Program.

You may be eligible for this aid if you meet these 3 criteria:

You May Be Eligible If Your Pay Is Impacted

To help members affected by the government shutdown, we’re again offering assistance. You may be eligible for this aid if you meet these 3 criteria:

• Your pay is impacted by the shutdown
• You've set up direct deposit of pay with Navy Federal
• You're one of the following:

                    1) A federal government employee

                    2) An Active Duty servicemember

                    3)A federal government contractor paid directly by the federal government

USAA is offering a one-time, no-interest loan equal to the amount of your net pay, from $500 to $6,000.

To qualify, you’ll need to:

• Have direct deposit set up for a USAA Bank checking or savings account as of the federal payment disruption date.
• Receive at least one qualifying direct deposit‍ ‍See note1 to that same account within 30 days before the start of the disruption.
• Have a U.S. physical address or an APO, DPO, or FPO address.
• Get a credit approval from USAA Bank.

You can apply if you’re:

• A member employed by an impacted federal agency and you direct deposit your government paycheck or pay.
• An account holder on the impacted USAA Bank account.

How repayment works: 

• You need to repay the loan within 3 months of funding.
• Payments will be split into 2 equal installments. The first is due in about 60 days and the second in about 90 days.

You may be eligible to set up a special payment arrangement for your USAA auto and property insurance premiums.‍ ‍

Special payment assistance programs may be available on existing USAA Bank accounts for eligible members.

This includes credit cards, deposit accounts, consumer loans and home equity lines of credit (HELOC).‍ ‍

• Consumer Loans: 2-month payment extension; no interest accrues during this period
• Credit Cards: 3-month payment extension; interest continues to accrue
• Deposit Accounts: Overdraft fees waived or refunded
• HELOC: 3-month payment extension; interest continues to accrue

We have special payment arrangements on life and health insurance policies. Options may vary by state and may be subject to state regulatory requirements.‍ ‍

USAA will launch its government shutdown program when our members are impacted by a government shutdown. It’ll be available at the discretion of USAA.