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The federal government shutdown is stretching into another week with no end in sight, leaving thousands of federal workers without pay and many Mainers feeling the effects. Fortunately, from Kittery to Fort Kent, credit unions are once again stepping up to help members weather the uncertainty.
The NCUA has confirmed it will remain open throughout the shutdown, and all federally insured deposits are secure. During this time, members may have questions about their accounts. This is an opportune moment to remind them that their deposits are insured and that Maine’s credit unions will stay fully operational during this shutdown.
Across the state, credit unions are reaching out to affected members, offering skip-a-pay options, short-term relief, and access to trusted financial counseling. These small but meaningful efforts reflect what credit unions do best: showing up for their members when times get tough.
There is still no clear path forward in Washington, but the League is tracking developments closely and will share updates as they become available. We will continue working with partners and policymakers to ensure credit unions have the information and resources they need to support their members.
We also want to hear from you. If your credit union has launched a program, promotion, or special outreach effort or something else to help those impacted by the shutdown, please share your story with us. Every example helps us share with lawmakers the good work we are doing in this uncertain time to help their constituents. Your stories also strengthen our advocacy efforts in the future, allowing us to highlight the many ways Maine’s credit unions live out the People Helping People mission and make a lasting difference in communities across the state.