On Wednesday, Washington Federal, Inc. (NASDAQ-WAFD) announced it is offering a 90-day interest-free loan designed to help workers through the shutdown period for an amount equal to the net take home pay for up to six missed paychecks. This three-month, interest-free offer is available to any eligible federal government employee, current customer or not, living within Washington Federal’s eight-state territory. It only requires a Washington Federal checking account, including free checking, to provide access to the funds.
Washington Federal President and Chief Executive Officer Brent J. Beardall commented, “Washington Federal is benefiting from a robust economy and the positive impact of tax reform. We are proud to step in and help our hardworking neighbors get through this uncertain time and support their financial needs. We hope other financial institutions will do the same.”
All interested parties are encouraged to visit one of Washington Federal’s 235 branches in eight western states or visit its website, www.washingtonfederal.com for loan terms and conditions.
Washington Federal, Inc. is the parent company of Washington Federal, a national bank that operates in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New Mexico. Established in 1917, the bank provides consumer and commercial deposit accounts, financing for small to middle market businesses, commercial real estate and residential real estate, including consumer mortgages, home equity lines of credit and insurance products through a subsidiary. Member FDIC. Equal Housing Lender.