Supporting Our Members in Times of Need
You can count on us, especially when you need it most.
During this challenging time, our thoughts are with you and your loved ones as the Southern California fires impact our community. We understand how challenging this time is for our members, and we want you to know we’re here to help.
We have financial support to help with your needs including; a Disaster Loan and Skip-a-Pay option for current loans.
Natural Disaster Relief Loan
- Rate as low as 7.49% APR up to 60 months1
- Loan amounts from $500 to $40,000
- No loan payment within the first 60 days2
How to Qualify
Applicants must live or work in an emergency zone declared by the Federal Emergency Management Agency (FEMA), or declared as a "State of Emergency" by local or state officials. Additionally, applicants must belong to one of the following groups:
- Employee of Northrop Grumman Corporation (must provide a pay stub from Northrop Grumman Corporation dated within the last 60 days)
- Member of NGFCU for more than 90 days
Apply Today
(Select “Personal Loan” then “Natural Disaster Loan”)
Disaster Skip-a-Pay
Already Have a Loan with Us?
If you currently have a loan with us and are experiencing difficulties, you may qualify for our Skip-a-Pay option. This allows you to skip a payment on your existing loan up to 3 months to ease your financial burden.3
Contact us today for personalized assistance.
Additional resources for our members recovering from a Natural Disaster
1 APR = Annual Percentage Rate. Rate is fixed and accurate as of January 10, 2025. Loan payment example: $20.09 per month for each $1,000 financed at 7.49% APR for 60 months. 7.49% rate requires automatic payment. Rates are subject to change without notice. All loans subject to credit approval. Different terms are subject to different rates.
2 Deferring your first payment by 60 days may result in one or more month’s payments being made with no reduction in principal. Contact NGFCU for details.
3 State of Emergency - Skip-A-Payment – up to Three Month Option. In a declared state of emergency, a member may be approved to skip up to three monthly payments on their eligible loan(s) with a recommendation from the collector and approval from the Collections Department Manager, Supervisor, or Vice President of Lending. SAPs may be conducted on all loans except the following: First mortgages, closed-end second mortgages, and balloon payment loans.
An exception can be made for required documentation based on extenuating circumstances. In this event the collector could also disclose terms and condition via phone to the member or have member sign the agreement via DocuSign.
In addition to the requirements for all SAPs: A letter stating the nature of the hardship and the explanation for why this is a short-term situation that will allow the member to resume full payments after three months of payment suspension.
A closed end unsecured loan to assist members who are victims of an officially declared disaster ONLY. Member's residence or worksite should be in the declared disaster zone by Federal Emergency Management Agency (FEMA) or declared as a "State of Emergency" by local/state official.