Loans Available To Assist Striking Verizon Workers
BLUE BELL, Penn. – Norristown Bell Credit Union here has created a short-term, interest-only loan to help some of the 45,000 Verizon employees who currently are on strike.
The loan term offering is three months, and is structured so that if a family borrows $1,000, the first month’s payment is $0.84; the second month would also be $0.84; and the final payment would be $1,000.84.
One-third of the community-chartered Norristown Bell CU’s 4,800 members are employed by Verizon.