Centricity Credit Union is aware of the ongoing Medicare and Medicaid fraud audits in the state of Minnesota and the impact these audits may have on our members.
In an effort to support members who have been affected, we have established a short-term financial solution to provide immediate relief and help ensure financial stability during this period of delayed income.
Bridge the gap during delayed payroll
Provide quick, low-cost access to funds
Reduce financial stress while audits are resolved
No payments are required for 60 days from the date of loan disbursement.
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Loan Details
Loan Amount: $500 – $5,000
Interest Rate: 1% APR
Term: One-time payment due at 60 days
Payment Relief: No payments for the first 60 days
This loan is offered as a temporary solution and is not intended for long-term borrowing.
Eligibility Requirements
To qualify, applicants must:
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Be a current Centricity Credit Union member for at least 90 days
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Be directly impacted by payroll delays due to the Minnesota Medicare/Medicaid audit
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Provide copies of your two most recent paystubs
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Have an average net paycheck amount that supports the requested loan amount
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Bi-weekly payroll: up to 3 pay periods
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Weekly payroll: up to 6 pay periods
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Credit will be reviewed as part of the application process.
Important Credit Considerations
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A credit check is required
How to Apply
Applying is simple:
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Apply online or in-branch as a Personal Loan
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Select Payroll Relief Program as the loan purpose
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Our lending team will review your application and follow up if additional information is needed
Funds are typically available quickly once approved.
We’re Here to Help
If you have questions or would like help determining whether this loan is right for you, please contact Centricity Credit Union or visit your local branch. Our team is committed to supporting members during this challenging time.
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NMLS#
| CentricityCU | NMLS# 712334 |
| Feather Tankersley | NMLS# 1016179 |
| Linda Proctor | NMLS# 343288 |
| Billye Coenen | NMLS# 758779 |
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