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NEWSROOM

Credit Unions: A Lifeline During Government Shutdowns

9/27/2023

 
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​In the midst of looming uncertainty over a potential government shutdown, the role of credit unions as pillars of financial stability, gains even more significance. As not-for-profits, credit unions have consistently proven themselves to be the safest option for safeguarding the financial security of their members.
Over the years, credit unions have been prepared with various support packages and programs, ready to assist their members during times of crisis, just as they did during previous government shutdowns. These financial institutions go above and beyond to ensure that their members' financial well-being remains intact, regardless of external circumstances.

For defense credit unions, government shutdowns are a critical moment to shine. They play a pivotal role in the lives of military personnel, veterans, and their families by offering unwavering support during these trying times. It is essential for credit unions to communicate and coordinate with their respective Commands, informing them of their preparedness to provide support in case of a shutdown. This proactive approach is vital for maintaining the financial quality of life for those who serve our country and the brave veterans who have defended it.
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To all credit unions dedicated to serving those who serve our country, your commitment is deeply appreciated. Your efforts do not go unnoticed, as we will be sharing your dedication and support with the Department of Defense's senior and executive leadership inside the Pentagon. Together, we can ensure that our military and veterans continue to receive the financial stability and assistance they deserve, even in the face of uncertainty. 

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  • About
    • Membership
    • Board of Directors
    • Hall of Honor
    • George E. Myers Scholarship
    • Contact Us
  • Advocacy
    • Top Initiatives
    • Military Advocacy Committee
    • Veteran Benefits Banking Program
  • Events
    • Annual Conference
    • Defense Matters 2024
    • Midwest Conference
  • Publications
    • ALERT Newsletter
    • Veterans Guide
    • Installation Guide
    • Armed Forces Financial Guide
    • BRS Guide
  • News & Media
    • DCUC News
    • Insights
    • Member News
    • Videos