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LifeLine Loan

We stand ready to offer assistance in the event of another federal government shutdown.

Furloughed government employees may be eligible for a LifeLine loan, Skip-a-Pay, or waived certificate fees for early withdrawals. The LifeLine loan will again be available should a government shutdown occur.

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LifeLine Loan

  • 0.0% APR* for the first 60 days.
  • If more than 60 days are needed to repay, the loan will be converted for easy repayments over a 12-month term at a low fixed rate of 9.49% APR*.
  • Predictable payments fit into your budget and are designed to be paid off within a year.

Apply now


Hanscom FCU will waive the $25.00 Skip-A-Payment fee for qualified members. 

Navigator Financial Coaching

Hanscom FCU’s team of certified financial wellness coaches can help you plan for this difficult time and beyond. To schedule a coaching session call 1 800-656-4328 or visit your local branch.

Certificate Fees Waived

Penalties will be waived for members making withdrawals from certificates during the state of emergency. 

*APR: Annual Percentage Rate. 0.0% for the first 60 days with no payments required. If the loan is not repaid within 60 days, the borrower would be responsible for making installment payments subject to an Annual Percentage Rate of 9.49%. The maximum repayment term will be 12 months (beginning after the initial 60-day interest free period). No application fees associated with this LifeLine Loan. Eligibility is based on the member being negatively financially impacted by the Federal Government Shutdown. 

Must be a member of Hanscom Federal Credit Union or eligible for membership. He or she will need to open a membership with a savings and checking account first. Applicant must have an active Hanscom Federal Credit Union share savings account in which loan proceeds will be deposited into.  Applicant must be an existing member in good standing. As always, there is a minimum $25 required to open a membership. Hanscom Federal Credit Union membership required. Terms and conditions are subject to change without notice.