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Debt Shield™

Life is unpredictable.

There are a wide range of unexpected events that could leave you and your family scrambling to pay monthly bills. That’s why it is important you take action to safeguard your family against these types of events to ensure loan payments can be made on time. That’s where USSFCU’s Debt Shield™ comes in.

Under the USSFCU’s Debt Shield™ program, your loan balance may be canceled or your monthly loan payments canceled without penalty or added interest. You benefit from the peace of mind knowing you and your credit rating are protected – and most importantly – that your family is protected.

Designed with you in mind.

More than ever, we all worry about things that might happen tomorrow. United States Senate Federal Credit Union’s Debt Shield™ provides an important sense of financial security – knowing your loan will not become a burden to you in times of hardship. 

Cancel at any time.

You may cancel USSFCU’s Debt Shield™ at any time. If you do so within the first 30 days, we will refund any fees already paid.

Call Member Services at 800.374.2758 to learn more or to get started! 

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Availability and Plan Options

 

Download Our Brochure

 

Definitions of Coverage

  • Death- Give your family time to get back on their feet financially
    • All plans: Cancel the remaining loan balance as of date of death (up to $75,000).
  • Disability- Help avoid bills pilling up as you try to regain your health and earning capacity. Use this benefit as a supplement to any disability coverage you may have at work.
    • Consumer plans 1 and 2, and Home Equity plans 1 and 2: Cancels payments for as long as borrower is disabled (aggregate maximum of $75,000, up to $1,000 per month).
  • Involuntary Unemployment- Ensure your loan payment will be taken care of as you search for new employment.
    • Consumer plans 1 and 4, and home Equity plans 1 and 4: Cancels up to 6 payments per occurrence (aggregate maximum $15,000, up to $1,000 per month).

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Your purchase of debt protections is optional. Whether or not your purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us. We will give you additional information before you are required to pay for debt protection. This information will include a copy of the contract containing the terms and conditions of debt protection. There are eligibility requirements, conditions and exclusions that could prevent you from receiving debt protection benefits. You should carefully read your debt protection contract for a full explanation of the terms and conditions of the debt protection program.  

Membership eligibility required. Federally Insured by NCUA

DEBT SHIELD™ is a trademark of the United States Senate Federal Credit Union (USSFCU). Use of the name Debt Shield™ without the express consent of USSFCU is strictly prohibited.

Members' Voice Testimonials

This credit union is the best, I love the customer service and you can't beat the interest rates. I'm happy to be a member of this great credit union.

The branch manager introduced herself and was extremely helpful. She stated that if there is anything we ever need to please let her know. Very positive experience!

Greta was absolutely amazing - as always. She makes me and my parents feel valued and supported. We are forever grateful. [The Credit Union] has been hugely supportive over many years. And we feel known and cared for.

Long as I have been with the credit union, I haven't had any problems. I also like the protection on my account.

My overall experience at the credit union was exceptional. The staff was hospitable offering water, my service was timely and professional and the office was well lit and clean.

As a member for more than 40 years, i have always had great service from the USSFCU and know that they stand behind their great reputation.

A top rate Credit Union, [I'm] privileged to be part of! Thank you for all you do for our family! USSFCU Credit Union was able to resolve our financial situation - vehicle, personal loans, customer service/recommendations, within 6 months. We belonged to another credit union for over 20 years, with results not even close to comparison. We switched ...

Your people and products are amazing. The recent [online banking] overhaul is phenomenal. [I've] been electronic banking since Tele action phone banking - paying bills with my push button landline decades ago. USSFCU is light years ahead of everyone else in terms of ease of use and client experience!

I have been a member for more than 30 years. I no longer reside in the DC area but continue to bank with USSFCU because of the ease and the customer service.

I have been a member for over 50 years, and I have always gotten good service with loans, when I had to have service at a branch, and when I needed to have money sent to me from my savings account. The personnel have always been friendly and treated me with respect.

I especially appreciate being able to quickly speak with someone (not a robot) and that person has always been knowledgeable and helpful.

Excellent customer service streamlined and transparent process. The representatives are efficient, knowledgeable, and understanding of the type of loans offered by Credit Union.

The USSFCU behaves as a credit union ought to behave. The staff works with and for the members, not for a corporate board. Interest rates for a car loan, a home improvement loan, and a mortgage are low and terms are transparent.

Staff are courteous and friendly to work with. Very knowledgeable about services and products offered or available. Excellent follow-up with customers.

I have appreciated USSFCU services for many years since I left my work on Capitol Hill. I have appreciated the occasional webinars on purchasing a home or retirement planning.

I have been a member since 2006, and have always appreciated the customer service response to any concern or query. In addition, as I have traveled extensively, USSFCU has provided support and access.

I've had a credit union account for decades, even though I no longer work on Capitol Hill. I now have two accounts. I've been able to do all of our banking remotely, by app or by phone.

I have been a USSFCU member for almost 20 years. There is nowhere else I want my money to be. I always receive excellent service.

I deeply appreciate the stellar service, the proficiency, the professionalism, and the kindness. I am truly honored and grateful to bank with a financial institution that treats customers like family.

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