Government Furlough Relief Loan: Supporting Our Federal Workers
At San Luis Valley Federal Bank, we understand how stressful a government shutdown can be. If you’ve been furloughed, we’re here to help you bridge the gap until your paycheck returns.
To ease the strain, we’ve created a special short-term relief loan designed to provide peace of mind and flexibility during this uncertain time. It’s one more way we show that we’re committed to your success, no matter what challenges come your way.
Program Highlights:
- 0% interest for the first 6 months
- No payments required during the 0% period
- Automatically converts to a standard unsecured rate for up to 18 months if not paid in full after 6 months
- No fees, credit report, or underwriting required
- Maximum loan amount: up to 2 months of verified net salary
- Available exclusively to current members
How it Works:
Provide a recent pay stub to verify your government employment and salary. Once approved, your loan funds will be available quickly to help cover essential expenses while regular pay is on hold.
This program will be available only while the shutdown continues. If you would like to apply or learn more, please reach out to us soon. At San Luis Valley Federal Bank, we’re proud to stand by our community and remain committed to your success every step of the way.
Have Questions or concerns?
Alamosa Main Office
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Contact Me
Dawn Martin
Loan Officer
NMLS: 417709
Department: Lending
Location: Alamosa Main Office
Phone: (719) 589-6653
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Contact Me
Jamilia Ruybal
Loan Officer
NMLS: 2607587
Department: Lending
Location: Alamosa Main Office
Phone: (719) 589-6653
West Alamosa Office
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Contact Me
Chad Crowther
Loan Officer
NMLS: 2125289
Department: Lending
Location: West Alamosa Office
Phone: (719) 589-6653
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Contact Me
Jesus Gonzalez
Loan Officer
NMLS: 2447821
Department: Lending
Location: West Alamosa Office
Phone: (719) 589-6653
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Contact Me
Kylie Stueven
Loan Officer
NMLS: NMLS # 2693790
Department: Lending
Location: West Alamosa Office
Phone: (719) 589-6653
Contact
Disclosure:
Offer only available to current members of San Luis Valley Federal Bank. Loan program available for a limited time and will be discontinued upon the conclusion of the current government shutdown. Eligibility requires verification of active government employment and income with a recent pay stub.
Loans are unsecured and may be approved up to an amount equal to two (2) months of verified net salary. No credit report or underwriting will be required for approval. No fees apply.
Loans feature a 0% annual percentage rate (APR) for the first six (6) months. If the balance is not paid in full within the 6-month period, the loan will automatically convert to the Bank’s standard unsecured loan interest rate disclosed at closing, for a remaining term of up to 18 months. No payments will be required during the 0% APR period. If unpaid after the 6-month term, payments will be amortized over the remaining 18-month period at the applicable interest rate.
Terms and conditions are subject to change without notice. Membership and other eligibility requirements apply. Equal Housing Lender. Member FDIC.
