Due to the uncomfortable circumstances some federal government employees and their families may be experiencing because of the current federal budget impasse, Fidelity Bank is announcing a special loan program.
Eligible federal government employees may now apply for a Preferred Line of Credit of up to $10,000.00 with no interest for 90 days. During this time, no payments will be required and no interest will accrue on the balance. After 90 days, the annual percentage rate of the loan will be 9.99% fixed.
“Fidelity has always been a community bank that stands ready and able to help the families in our area during difficult times,” said Daniel J. Santaniello, President & CEO. “It’s our hope that this product may be able to alleviate some of the stress federal employees are experiencing right now by helping them to manage expenses while they’re waiting for their paychecks to get back on track.”
Those interested can apply in two ways:
Fidelity Bank customers who are experiencing difficulty paying their loans, or are having additional financial issues are asked to contact us at the above number for assistance.