Emergency Relief Loan
We're Here to Help
During this uniquely challenging time, First Source is offering an Emergency Relief Loan to support our Members and help alleviate some financial concerns.
How Does It Work?
The Emergency Relief Loan is specifically designed to provide assistance to Members who have been directly impacted by the COVID-19 pandemic. This program can assist with regular or reoccurring monthly expenses, like utilities, daycare, or groceries.
Currently, this loan is available to existing First Source Members at 2% APR* for up to 24 months. Loan amount is equal to a maximum of two times the monthly net pay or $10,000 (whichever is less.) Automatic Funds Transfer is required on all Emergency Relief Loans from a First Source savings or checking account.
If you are struggling to pay your bills, we are here to help ease the burden. There’s enough to worry about in the world right now and your finances shouldn't be one of them. If you have questions or would like to know more, please call us at 315-735-8571 to talk to a representative today.
*Annual percentage rate. Federally insured by NCUA. Membership and credit requirements apply. Applications are subject to credit approval. Rates subject to change. Monthly payments for a one year Emergency Relief Loan would be $84.25 per $1,000 borrowed at 2% as of 3/19/20.
||Estimated Monthly Payment
|30 year Fixed
|20 year Fixed
|15 year Fixed
|FHA 30 year Fixed