Federal Government Shutdown Furlough Assistance

We understand that the ongoing federal government shutdown is creating financial uncertainty for many of our members. At TAPCO, our commitment has always been to stand beside our members through every challenge—offering compassion, flexibility, and real solutions when they are needed most.

If you are a federal employee or a contractor paid by the federal government and are not receiving pay because of the shutdown, we are ready to help.

Government Shutdown Assistance Loan Details

If you are a federal employee or a contractor paid by the federal government and are missing pay due to the shutdown, you may be eligible for our Federal Government Shutdown Furlough Loan.

Loan Amount: Up to $5,000 or the borrower’s net monthly income (whichever is less)
Rate / Term: 2.00% APR* / 24-month term
Payments: No payments required for the first 90 days
Eligibility:
- You must be a federal employee or a contractor paid by the federal government who is not receiving pay due to the shutdown
- Must have been a TAPCO member on or before October 1, 2025
- Must provide documentation verifying financial impact
- Must meet standard underwriting guidelines

Skip Pay

Extra Flexibility When You Need It Most

We know a government shutdown can make it harder to manage monthly expenses. Skip Pay gives eligible members the option to skip a payment and direct those funds where they are needed most.

Eligible Loans

Skip a payment for your Auto Loan or Personal Loan through this convenient program.

How Skip Pay Works

To request a Skip Pay**, simply complete the online Skip Pay form at least 10 days before your loan payment is due.

For the most seamless experience:

Have $40 available in your TAPCO Checking or Savings prior to applying
Apply at least 10 days before your loan is due
Make three monthly payments between skip payments per loan
Up to two skips per qualified loan are allowed every 12 calendar months

Get Assistance Now

Financial hardship can feel overwhelming, but you are not alone. TAPCO was founded on the principle of people helping people—and that promise remains strong today.

*APR=Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness and qualifications. The Furlough Loan is an unsecured closed-end consumer loan with a fixed Annual Percentage Rate (APR) of 2.00% APR. Loan amounts range from $500 to $5,000 depending on creditworthiness. Rate, limit and conditions are subject to change. Membership is required and must be established on or before October 1, 2025. No payments for 90 days is optional. All loans subject to approval. Eligibility limited to federal employees and federal government contractors who are not receiving pay as a result of the federal government shutdown.

**A $40 fee per loan per skip will be deducted from your TAPCO savings or checking account. This offer is not valid on Visa credit cards, business loans, real estate, or delinquent loans. Skipping a payment may affect Payment Protection, GAP and Warranty coverage. New loans require a minimum of three monthly payments prior to a skip payment and three monthly payments are required between skip payments per loan. Skipping a payment will require you to make additional payments in order to pay off the loan(s). Interest will continue to accrue on the current loan(s) balance. The next regular payment(s) you make following an extension will reflect a higher amount paid to interest. Two skips per qualified loan every 12 calendar months. All skips are subject to TAPCO approval. Other exclusions may apply.