KERN COUNTY, Calif. — Valley Strong Credit Union, is offering a Disaster Relief Loan for those affected by the Borel Wildfire. The loan program is for affected members living in the impacted zip codes of 93285, 93240, 93283, and 93518 and includes a 0% interest rate for up to 27 months.
“The Disaster Relief Loan Program is a specialized product designed to aid those impacted by various natural disasters and can be instituted by the credit union when necessary,” Valley Strong CU said in a statement.
The credit union said the loan:
- Is available up to $2,500
- Has a 0% interest rate
- Has up to a 27-month repayment term.
- Offers no payments for 90 days
‘Immediate Need’
“At Valley Strong, we understand the immediate need for our members affected by the Borel Wildfire,” President and CEO Nick Ambrosini said in a statement. “The Disaster Relief Loan Program is our way of providing stability and assistance for our members.”
The $4-billion Valley Strong CU said it will also be donating $5,000 to both the Kern County Red Cross and the United Way.