Patelco Activates Disaster Response Plan to Aid Members Affected by Recent Weather-Related Events

PLEASANTON, CALIFORNIA, February 23, 2017 — Patelco Credit Union announced today it has activated its Member Disaster Relief Plan to aid members affected by recent weather-related events in Northern California.

Patelco’s Disaster Relief Program provides immediate access to financial resources to any member in good standing who has been affected by natural disasters. This program includes access to no- or low-cost loans, reimbursement of non-network ATM fees, deferred loan payments, and more.

“With the weather affecting thousands of our members across Northern California, we stand ready to provide financial assistance through the Disaster Relief Program, said Patelco’s President and CEO, Erin Mendez. “As fellow Californians and our members’ credit union, we are here to provide resources and peace-of-mind for our members in the face of disaster, Patelco encourages members living in the affected who have experienced flooding or temporary displacement due to weather events, to visit a local branch or call 1-800-358-8228 to find out more about the support available through the Disaster Relief Program.

Disaster Relief Program Details:

• $500 cash now. Personal loans at zero-percent interest.
• An additional $10,000 at a very low, special disaster relief rate.
• ATM surcharge reimbursement. Members can use any ATM anywhere, and Patelco will reimburse ATM fees.
• No early withdrawal penalties. Patelco will waive early withdrawal penalties for members who withdraw their respective 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.

About Patelco Credit Union

Pleasanton, Calif.-based Patelco Credit Union is a not-for-profit credit union committed to serving the financial health and well-being of its membership. With more than 305,000 members primarily in and around northern California, Patelco is committed to fueling hope and opportunity for its members by offering personalized solutions, advice, and expertise that empower them to achieve financial freedom. Founded in 1936 with $500 in assets by employees of the Pacific Telephone and Telegraph Company, Patelco is in the top 1 percent of U.S. credit unions, ranking 24th in the nation and the 6th largest in California with more than $5 billion in assets. For more information, visit https://www.patelco.org/.

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