Fedchoice Federal Credit Union - Altogether Better

Retirement Planning


Retirement Gap

Worried about paying your bills while waiting to receive your complete retirement check from the federal government?

We have the solution!

  • Borrow $10,000, $15,000 or $20,000, depending upon your anticipated monthly retirement income.*
  • Apply up to 60 days prior to your anticipated retirement date from the federal government or up to 6 months after you have already retired from the federal government as a federal civilian employee.
  • Variable rate as low as 5.00% APR.+
  • Access funds from your approved Line-of-Credit for up to 12-months.~

* Credit limit is based on your projected retirement income from the Federal Government. Documentation must be provided, specifying your retirement date and projected net monthly income.

+ APR = Annual Percentage Rate. All credit is subject to credit approval. FedChoice normal underwriting requirements apply. Variable rate is based on the current rate for an Instant Access Line-of-Credit less 2% (discount).

~ Rate will increase by 2% if the outstanding balance is not paid down within 12 months of accessing the Line-of-Credit, if the payments are at least 30 days overdue or there is a breach of contract. Rate will increase by 2% if direct deposit has not been established within 60 days of the loan open date.


Start here to apply online.


Call us at 301.699.6151 • 800.969.6151 to apply over the phone.


Visit the nearest Financial Service Center.

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