ORNL Credit Union offering loan program for those impacted by COVID-19

Coronavirus

OAK RIDGE, Tenn. (WATE) — ORNL Federal Credit Union has created a loan program to assist members who have been negatively impacted by the ongoing COVID-19 pandemic.

The Pandemic State of Emergency Assistance Loan Program offers impacted members the opportunity to apply for an unsecured loan at 0% interest for the first six months and 3% fixed interest for the remainder of the term.

The program is available to ORNL FCU members who meet specific qualifications. It offers a maximum term of 48 months, members can take up to 90 days to make their first payment, and the limit is based on the impacted member’s income.

“We anticipate many members could be impacted by the pandemic state of emergency and we want to be prepared to help them in their time of need,” President and CEO of ORNL FCU Colin Anderson said. “Our goal is to make sure our members and their families are taken care of during this uncertain time.”

Members can also stop by any ORNL FCU branch or call the credit union at 865-688-9555 or 800-676-5328 for more information.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Coronavirus COVID-19 videos

Mayor Kincannon speaks about her Safer at Home Order

Thumbnail for the video titled "Mayor Kincannon speaks about her Safer at Home Order"

White House expects 100K-240K virus-related deaths

Thumbnail for the video titled "White House expects 100K-240K virus-related deaths"

US warship captain seeks crew isolation as virus spreads

Thumbnail for the video titled "US warship captain seeks crew isolation as virus spreads"

New drive-thru testing site open in Greene County

Thumbnail for the video titled "New drive-thru testing site open in Greene County"

Coronavirus: Sevier County now offering COVID-19 testing

Thumbnail for the video titled "Coronavirus: Sevier County now offering COVID-19 testing"

Lee: More information to be released on COVID-19 deaths

Thumbnail for the video titled "Lee: More information to be released on COVID-19 deaths"

Tracking Coronavirus: How a local grocery delivery driver is working to stay safe

Thumbnail for the video titled "Tracking Coronavirus: How a local grocery delivery driver is working to stay safe"

Tracking Coronavirus: New health department rules for food trucks

Thumbnail for the video titled "Tracking Coronavirus: New health department rules for food trucks"

Tracking Coronavirus: Masks -- who needs them, who doesn't

Thumbnail for the video titled "Tracking Coronavirus: Masks -- who needs them, who doesn't"

Tracking Coronavirus: 2,200+ cases of COVID-19 in Tennessee

Thumbnail for the video titled "Tracking Coronavirus: 2,200+ cases of COVID-19 in Tennessee"

Tennessee Governor Bill Lee talks about the 23 COVID-19 deaths and 2,239 coronavirus cases in Tennessee

Thumbnail for the video titled "Tennessee Governor Bill Lee talks about the 23 COVID-19 deaths and 2,239 coronavirus cases in Tennessee"

Knox County Health Departmentd daily briefing on March 31, 2020

Thumbnail for the video titled "Knox County Health Departmentd daily briefing on March 31, 2020"

Ole Smoky Distillery donating housemade hand sanitizer to Sevier County Sheriff's Office

Thumbnail for the video titled "Ole Smoky Distillery donating housemade hand sanitizer to Sevier County Sheriff's Office"

Knox County utilities won’t be shut off for non-payment, Mayor Jacobs confirms

Thumbnail for the video titled "Knox County utilities won’t be shut off for non-payment, Mayor Jacobs confirms"

Coronavirus in Tennessee: Knox County cases up to 63

Thumbnail for the video titled "Coronavirus in Tennessee: Knox County cases up to 63"

FDA approves plan for Ohio lab to sterilize thousands of masks for reuse

Thumbnail for the video titled "FDA approves plan for Ohio lab to sterilize thousands of masks for reuse"

Hawkins County mayor declares local emergency and safer at home directive

Thumbnail for the video titled "Hawkins County mayor declares local emergency and safer at home directive"

White House turns to statistical models for virus forecast

Thumbnail for the video titled "White House turns to statistical models for virus forecast"

Stranded cruise ship hit by virus begs Florida to dock

Thumbnail for the video titled "Stranded cruise ship hit by virus begs Florida to dock"

East TN businesses react to Gov. Lee's executive order

Thumbnail for the video titled "East TN businesses react to Gov. Lee's executive order"

Trending Stories

WATE 6 On Your Side Twitter

Trending Stories