Moulton Announces Zero-Interest Loans for Furloughed Federal Workers through Local Financial InstitutionsOver 800,000 furloughed federal workers face missing a second paycheck Friday, as the government shutdown enters its second month
Washington, D.C. - Today, Congressman Seth Moulton (D-MA), announced the following local financial institutions have agreed to offer zero-interest loans to furloughed government workers for up to the full amount of their missed paycheck:
- Eastern Bank
- City of Boston Credit Union
- Congressional Federal Credit Union
- Hanscom Federal Credit Union
- Navy Federal Credit Union
- Service Credit Union
Additional information about these loans, and the services being offered by other local financial institutions, will be kept up-to-date on Moulton’s website at moulton.house.gov/shutdown.
“The American families bearing the brunt of this shutdown are our neighbors, not political bargaining chips,” said Moulton. “Our local banks and credit unions get this, and I applaud their efforts to ensure that these neighbors will be able to pay their mortgage, put food on the table, or afford college tuition during this difficult time.”
The ongoing shutdown has had a direct impact on the Massachusetts Sixth District, which is home to an IRS Office in Andover and NOAA and Coast Guard offices in Gloucester. In response, Moulton’s office has held constituent office hours across the district to assist furloughed workers with unemployment, food stamps, and other needs, in addition to creating an online resource guide. Moulton has also vowed not to accept a paycheck until the shutdown ends.