Phone: (607) 547-5700
Toll Free: 1-877-378-6466
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Leatherstocking Credit Union Emergency Relief Options

With the current COVID-19 pandemic, the Credit Union understands that you may encounter some financial difficulties in the coming weeks and months.

Therefore, we are offering the following relief options. Please note there is no firm date on when these options will no longer be available.

Please call us at 607-547-5700 or email info@mylcu.org if you have any questions regarding these options.

The Credit Union currently allows 60 days per calendar year for hardship extensions on loans. We are adding an additional 90 days to this policy for a total of 150 days this calendar year. The whole timeframe will not be approved at once, but in increments.

Details: These additional extensions will be approved on a case by case basis. Members must show they are directly impacted financially by COVID-19 in some way to qualify.

This does not just include loss of employment, but can also be applied should any unexpected expenses arise. Normal restrictions and guidelines will apply.

There is no fee for hardship extensions.

In response to the needs of our members, the Credit Union is offering the following rate reduction on unsecured signature loans:

Can borrow up to $5,000
Rate: 3.99%APR*-5.99%APR*
Max term: 18 months
Can delay first loan payment by 90 days

Details: These emergency loans will be approved on a case by case basis. Members must show they are directly impacted financially by COVID-19 in some way to qualify.

(Loss or reduction in income, unexpected bills, etc). Normal restrictions and guidelines will apply. *Annual Percentage Rate. Rate based on credit worthiness. Fixed rate for term of the loan.