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Concerned about the financial impact of Furloughs?

 We Can Help!

Securityplus is here to help with the financial impact of furloughs.  If a sequester occurs, we recognize the challenges this may pose on our affected members.

Here are some of the financial management tools available to help lessen the financial effects:

Loan Extension Agreement¹
Understanding that sequestration and furloughs will affect your budget; we can work with you to adjust loan payment schedules and amounts

45 Day, No Pay Personal Loan¹
If you’ve been furloughed, we may be able to offer you a special personal loan to help you make ends meet; with your first loan payment postponed up to 45 days

Penalty-Free Share Certificate Withdrawals²
If you need to redeem a Share Certificate prior to its maturity, we’ll waive the early withdrawal penalty

We understand that each member’s situation is different. To better serve you during this period of uncertainty, contact us at 410-281-6200 or visit your nearest branch.

¹To qualify, you must be a current Securityplus member in good standing; member must provide proof of furlough. ²Only the penalty fees from Securityplus will be waived; if the funds are withdrawn from an IRA Share Certificate, the government penalties cannot be waived. If the certificate is kept open, the minimum balance must still be met to keep the Share Certificate open. 


Securityplus Helps the Homeless
credit union staff at HopeFul

Securityplus participates in the HopeFul Market, a free market for the homeless.

Join Securityplus Today

If you live, work, worship, or go to school in the City of Baltimore; are employed by or retired from SSA or CMS; or are in the immediate family of an existing member, you are eligible to join our credit union.


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