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First City Credit Union is helping members and their families during the California Wildfire crisis by committing up to $1 million in interest free loans to those residing in the FEMA declared wildfire disaster areas through its Recovery Assistance Loan program with no payments for 60 days.

ALTADENA, Calf., Jan. 23, 2025 /PRNewswire-PRWeb/ -- First City Credit Union is helping members and their families during the California Wildfire crisis by committing up to $1 million in interest free loans to those residing in the FEMA declared wildfire disaster areas through its Recovery Assistance Loan program with no payments for 60 days. Additional programs include a discounted and streamlined approval process for their Wildfire Relief Loan up to $5,000, payment deferral options on existing First City loans, and discounted auto loan rates for those that need to replace a vehicle that was lost due to the wildfires.

For more information about the programs or to apply for any of the Credit Union's programs, please visit their Member Assistance page at .

"Due to the heroic effort of first responders, our corporate office in Altadena was spared from the devastation due to the fires." said Nav Khanna, President and Chief Executive Officer at First City Credit Union. "I've seen the damage caused to our community with my own eyes and am saddened to know that our neighbors were not as fortunate." First City Credit Union was the only credit union with its corporate office under evacuation orders and under threat from the Eaton fire. "I'm proud to say that even though we were running on generators due to power outages and evacuated from our corporate office, we never stopped serving our members and community. Our branches stayed open and we did not experience disruption of any of our services. The primary focus was keeping our employees safe, who in turn could take care of our members."

In addition to the relief programs offered to members, First City continues to partner on local giveback and relief efforts through employee organizations and departments connected to the Select Employer Groups (SEG) the credit union serve. "Our core membership comes from the employees of Los Angeles County Departments and Agencies, many of which are actively working non-stop to extinguish the fires, protecting our homes and businesses, and helping the community heal." said Royce Ngiam, Chief Marketing Officer at First City Credit Union responsible for SEG relations and partnerships. "It's heartwarming to see the grassroots efforts being spun up to help those in need, especially those led by LA County employee groups directly. We're a part of that work because we're all Angelenos serving Angelenos.'

About First City Credit Union

Founded in 1937 as Los Angeles County Employees Number 11 Federal Credit Union, First City Credit Union (so named since 1985) provides a full suite of banking products and services to the employees of Los Angeles County Departments and Agencies. With more than $900 million in assets, 56,000 members, and over 13% in capital, First City is among the nation's strongest financial institutions. For more information visit .

Media Contact

Royce Ngiam, First City Credit Union, 1 800.944.2200 2500, [email protected],

SOURCE First City Credit Union