Weather-related natural disasters (hurricanes, wildfires, ice/winter storms, tornados, floods, etc.) are an all-too-often occurrence in the United States. While physical safety and health is the first priority after a catastrophe, we recognize natural disasters may have severe economic impact to our members.
Your State Farm Federal Credit Union has ways to help members experiencing financial hardships due to natural disasters:
- Emergency – Disaster Relief personal loan
- Up to $3,000
- No payments for 90 days
- Loan Term – up to 36 months
- Annual Percentage Rate – 7.49%[*]
- Loan modifications & deferred payments for existing loans
To apply, login to online banking and access the “Applications” widget. Be sure to indicate the loan purpose is Disaster Relief including a brief description of your situation. We will expedite your request and respond as soon as possible.
For more information about the Disaster Relief Loan or any of our Credit Union products and services, please contact us at 888-521-5209, 7:30a – 5:30p CT, Mon – Fri. One of our Specialists will be happy to answer your questions.
[*] Loan approvals are based on a number of factors including membership eligibility and underwriting guidelines. Approval amounts may vary. One loan allowed per member.
Payment example: A $3,000 natural disaster relief personal loan financed with SFFCU at 7.49% APR with a 36-month term will have a monthly payment of $93.90.