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Health Organizations
Credit unions developed battle plans to protect federal workers during debt ceiling fight

While congressional leaders work to push through a deal to raise the government's debt ceiling, some credit unions that serve federal employees aren't taking any chances. Institutions in Maryland and Washington have developed programs to assist their members in the event Congress fails to raise the government's borrowing limit and Uncle Sam can't pay workers' wages or retirees' benefits this month. They are prepared to offer low-rate or interest-free loans and allow borrowers to skip some loan payments to get through the financial crisis. It's not the first time these credit unions have come up with such emergency plans — and might not be the last....