Regardless of whether you have suffered a decrease in hours, total loss of wages, or even just an increase in expenses, FPCU is here to help! Current members can utilize one or all of the following programs to help mitigate the economic impact of the COVID-19 health crisis.
Financial Relief Loan
$500 loan amount
12-month term – with an option to defer the first three months of payments.
First Priority Credit Union is offering a limited Skip-A-Payment program to members experiencing financial hardships due to the COVID-19 pandemic.
Loans eligible for the Skip-A-Payment program:
- New and Used Automobile
- Motorcycle Loans
- Holiday and Vacation loans
To apply for FPCU’s Skip-A-Payment program, complete and submit this Skip-A-Payment form.
Return form to Kathy Ravagno by email (email@example.com) or by mail: First Priority Credit Union, 100 Swift Street, East Boston, MA 02128.
1APR = Annual Percentage Rate. Applicant must be a current member of First Priority Credit Union, meet certain credit-worthiness criteria, and submit their most recent paystub dated March 1, 2020 or later. Automatic payment from an FPCU share (savings) or checking account is required. The payment schedule will begin three months from the disbursement date of the loan with eight (8) monthly payments of $55.55 and one (1) final payment of $55.60. The aggregate balance of all unsecured loans with First Priority Credit Union cannot exceed $7500.