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Electrical Vacation Fund Loan

    2023-2024 IBEW Local 242 – Electrical Vacation Fund Loan Program

    We are committed to helping service our union partners. In doing so, we offer an option to allow you to use your Vacation Funds early,

    by providing a short-term loan based on monies contributed to your Union Vacation Account. rate of 11%

    OPEN ENROLLMENT starts December 2nd, 2023 through February 15th, 2024. All loans are paid in full starting March 1st, 2024.

    *Due to the high volume of calls we will not be taking applications over the phone: all applicants will be directed to apply online.