Our sequestration and furlough assistance remains in place for members affected by the government shutdown. We offer the following:
Special 3.00% APR Overdraft Line of Credit*: If you are a federal government civilian employee, have
Direct Deposit with Navy Federal, and are subject to furlough, you're eligible for a special rate on our
Overdraft Line of Credit.
Loan Assistance: Understanding that sequestration and furloughs will strain your budget, we are prepared to
work with you on any Navy Federal
Credit Cards: Expedited approvals for line increases for your existing Navy Federal credit card.
Personal Loans: Share Savings and Certificate pledged loans can provide instant funds without dipping into savings accounts. Rates are set at the share or certificate rate plus 2.00% APR. Personal expense loans with no collateral are also available.
Penalty-free Early Withdrawal on Certificates: If you need to redeem a Navy Federal Certificate prior to its maturity, we'll waive any early withdrawal penalties.
We will be updating this page as more information becomes available. For more information about the potential impact to your pay, visit www.dfas.mil
*3.00% APR is a fixed rate. Repayment terms of 2% of the outstanding balance or $20, whichever is greater, will apply. Special rate is in effect through June 30, 2014. Must apply via phone or at branch to receive special.