Payroll Assistance Loan option available to impacted federal workers
SACRAMENTO, Calif., Oct. 1, 2025 /PRNewswire/ — Golden 1 Credit Union (Golden 1) today announced the continuation of its support for members impacted by federal government shutdowns, introducing a program designed to help maintain financial stability for those experiencing a disruption in pay. Eligible members who work for federal agencies affected by the current shutdown can apply for Golden 1’s Payroll Assistance Loan beginning today. Golden 1 has a longstanding commitment to supporting its members during times of financial uncertainty, having previously offered relief programs to provide assistance amid unexpected circumstances.
“Golden 1 recognizes the impact a sudden loss of income can have on individuals and families,” said Erica Taylor, Senior Vice President of Community Impact and Public Relations for Golden 1 Credit Union. “Our commitment to members includes providing practical support and resources to help get them through challenging financial times.”
To learn more about Golden 1’s Payroll Assistance Loan program and its eligibility requirements, members can visit golden1.com/financial-assistance/government-shutdown. Eligible members can apply by visiting their local Golden 1 branch or by calling 1-877-465-3361. Loan amounts up to $6,000 are available, based on one month of verified federal net income.
Golden 1 will also waive certificate of deposit early withdrawal penalties for affected members during the shutdown. Additionally, Golden 1 offers loan payment assistance programs that allow members to reduce or make no payments for a defined period. To learn more, visit golden1.com/credit-cards-loans/payment-assistance.
For additional financial resources and support, Golden 1 members can also access SpringFour, a personalized financial health referral platform, as well as one-on-one financial coaching with a Golden 1 Financial Coach.
ABOUT GOLDEN 1 CREDIT UNION
With more than $21 billion in assets, Golden 1 Credit Union is one of the largest credit unions in the United States, providing easy access to the financial solutions, resources, and support their members and communities need to improve their well-being. Golden 1 is committed to creating a more equitable and financially inclusive California and proudly serves all those who live or work there. Golden 1 is more than 1.1 million members strong and has over 2,000 employees. Visit golden1.com for more information.
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SOURCE GOLDEN 1 CREDIT UNION
