Patelco Helps Members Affected, Displaced by Northern California Wildfires

NORTHERN CALIFORNIA -- Patelco Credit Union announced today it is activating its Disaster Relief Program and donating $10,000 to the American Red Cross to help provide aid to members, families and communities affected by the Valley and Butte wildfires in Northern California.

Patelco’s Disaster Relief Program offers affected members reimbursed ATM fees, fast cash through zero-percent interest personal loans, and skipped or deferred loan payments.

“This year’s wildfires have hit especially hard in our communities. We all live here and, as a community credit union, we are committed to helping our neighbors who may be displaced or greatly affected by the fires,” said CEO and President Erin Mendez. “We hope the added financial help from our Disaster Relief Program and donation to the Red Cross will provide relief to our members and the communities in which they live.”

Patelco encourages members affected by the wildfires to connect with a local branch or call 1-800-358-8228 to find out more about support available through the Disaster Relief Program. Additional information available at https://www.patelco.org/News/

Disaster Relief Program Details:

· ATM surcharge reimbursement. Member can use any ATM anywhere, and Patelco will reimburse ATM fees.

· $500 cash now. Personal loans at 0% interest.

· An additional $10,000 at a very low, special disaster relief rate.

· No early withdrawal penalties. Patelco will waive early withdrawal penalties for members who withdraw their Share Certificates.

· Skip a loan payment. Members can skip a payment for one month on any personal, credit card, auto, boat, and RV loans.

· Deferred loan payments. Members can defer their payments for more than one month depending on the loan type.

In addition, the $10,000 donation to the American Red Cross will help fund shelters and provide meals, health services, and emotional support for displaced families.

About Patelco Credit Union

Founded in 1936, Patelco Credit Union ranks among the largest credit unions in the nation and is the sixth largest in California with more than $4 billion in assets and 290,000 members. Throughout its 79-year history, Patelco has helped people and their communities prosper through volunteer initiatives and personalized service that focuses on transparency, simplicity in banking, and garnering trust. Patelco is a federally insured, not-for-profit, full-service credit union that offers the same types of products and services as large banks. For more information, visit www.patelco.org.