CPM IS Committed to OUR Members During THE Government Shutdown
CPM has been diligently following the news regarding the government shutdown. We understand that some of our members may face financial hardships as a result. To better serve those impacted we have established programs to address the financial shortfalls that may come from any furloughs.
To apply, call our Contact Center at 800-255-1513.
specials
Furlough Loan Assistance
For a limited time, CPM is offering a one-time, unsecured personal loan equal to one month’s pay at a special reduced rate of 4.99% APR*, with no payments required for the first 90 days. This offer is available to members who are directly impacted by furloughs and have direct deposit with CPM.
Budgeting Tools & Financial Education
CPM provides free budgeting software and financial counseling to help members manage their finances during uncertain times. Learn more about our budgeting and financial education resources.
Penalty-Free Certificate Withdrawals
For members who need immediate access to their savings, CPM is offering penalty-free withdrawals on any Certificate, regardless of maturity date.
Loan Payment Extensions
If you have an existing loan with CPM and need assistance, we may be able to help with deferred loan payments to ease your financial burden during the shutdown. Apply for an extension.
we're here to help
If you need assistance or have questions about these relief options, please visit your local CPM branch or call us at 800.255.1513 to speak with a representative.
We understand the challenges that come with a government shutdown, and we are committed to supporting our members and their financial well-being during this time.
APR. Subject to credit approval and underwriting standards. Membership rules and restrictions apply. Terms and conditions subject to change without notice. May only be used for those affected by the government furlough. Documentation may be required. Relief funds cannot be used to refinance or consolidate existing loans currently financed with CPM. Deferred payments for up to 90 days. Interest continues to accrue from the date of disbursement. A loan amount of $5000.00 for 36 months at 4.99% APR would be a payment of $150.00 per month with 60 days no payment. One relief loan per member. A loan extension may extend your original term and interest will continue to accrue. Offer expires 10/31/25.