Connect First Credit Union (Connect First) has launched a financial assistance program for its members by offering loan payment relief for up to three months to help lessen the financial impact due to business slowdown, reduced hours or layoffs as a result of COVID-19.
“Our concern is for the well-being of our employees and members during this trying time, and we hope that our financial relief program can help to reduce some of the stress facing Albertans” says Paul Kelly, Chief Executive Officer of Connect First.
Connect First knows that life can sometimes present obstacles, so they are extending this offer to individual members, small business or commercial members in good standing who are feeling a financial impact, which extends from oil & gas to arts & culture and the many industries in between. Connect First members are encouraged to call the Contact Centre to discuss financial relief options including deferral of mortgage, line of credit, loan and car payments.
“This assistance program is intended to take some weight off our members’ shoulders and allow them to focus on what’s really important – the well-being of their families, neighbours and themselves,” Kelly added.
Connect First serves its members through its trusted local brands of First Calgary Financial, Chinook Financial, Mountain View Financial and Legacy Financial. Their mission is to Make Money Make a Difference, and that is exactly what they are striving to do.
About Connect First Credit Union
Connect First Credit Union one of the largest and most successful credit unions in Canada, is a full-service financial institution with over $6 billion in assets under administration. Connect First employs 750 Albertans who provide a range of financial products and advice in more than 40 communities across central and southern Alberta. It serves 128,000 members through its trusted local brands of First Calgary Financial, Chinook Financial, Mountain View Financial and Legacy Financial and a community-focused approach to banking.