First Federal Credit Union

Disaster Relief Loan

We have developed a unique Disaster Relief Loan to assist eligible borrowers affected by the recent flooding.  The Disaster Relief Loan will provide up to a $5,000.00 unsecured loan at zero percent interest for up to 120 days.  This will allow a member to borrow interest free until insurance claims or other assistance is received.  If the member does NOT pay off the Disaster Relief Loan during the interest-free period, then interest will start accruing at a below-market interest rate,of 6.90% - 9.90%, depending on the borrower’s credit profile.    

Anyone who lives, works, or worships in Clay, Dickinson, or Buena Vista County, Iowa is eligible to apply for the Disaster Relief Loan.  Fill out the form below or visit the First Federal Credit Union branch at 1100 13th Street SW, Spencer, IA to get started!

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