Local Banks & Credit Unions to Assist Clients Impacted by Partial Government Shutdown


ROGERS, Ark. (KFTA) – The partial government shutdown is about to enter its second week, and workers may begin to feel the impact in the form of not getting a pay check.

There are at least five government entities impacted by this partial government shutdown, including the State Department, the Department of Housing and Urban Development, and the Justice Department.

In Arkansas, agencies that fall under the USDA, like Farm Service Agency County Offices and National Forest Services, have been furloughed.

The Arkansas Federal Credit Union says several government workers have reached out, and that’s why it’s offering help to members that may be struggling to pay bills.

“We are prepared and can quickly provide our members who are eligible with a short-term interest free loan,and that ensure’s they have access to the funds that they need,” said Arkansas Federal Credit Union (AFCU) Senior VP of Marketing Valerie Erkman.

Any Arkansas federal member impacted could be eligible to receive a match to their pre-established direct deposits. 

AFCU has been in existence for 60 years.  There are 14 branches and 100,000 members in the state.

The Bank of Fayetteville says it’s also offering help. 

It released this statement:

“The Bank of Fayetteville market president Blake Holzhauer said he is aware of a few short-term programs specific to furloughed federal workers. He said The Bank of Fayetteville is prepared to discuss ways of helping anyone financially impacted by the government shutdown, or anytime special circumstances and financial hardships arise, whether they are federal employees or not.”

Some agencies not interrupted by the partial government shutdown:

Social Security, Medicare, and Medicaid will be uninterrupted because the programs fall under “mandatory spending,” however, new applicants may face a delay with getting enrolled into the program(s).

USPS gets its money from independent revenue sources, so the agency is not impacted.

Veterans hospitals and benefits will not be impacted because it’s funded through their own legislation — outside of the yearly appropriations bills, according to Military.com.

Food stamps availability will continue through at least January, according to the USDA. 

Copyright 2022 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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