Announcements

  • Holiday Closing
    Good Friday
    April 6, 2012
  • 2012 Annual Meeting
    Join us to celebrate 60 years on Tuesday, March 13, 2012 at the Methodist Conference Center. Click here for details.
  • 2012 College Scholarships
    Calling all high school seniors! We have scholarships available and the applications are due late March. Click here for details.

Jubilee Assistance Fund

JAF Brochure For Churchesjaf es

JAF Brochure For Borrowers

The Jubliee Assistance Fund (JAF) was established as a sensible alternative to predatory lending. JAF is a collaborative loan program where a local church establishes an account at the Virginia United Methodist Credit Union to provide collateralized, small, short term loans with very low interest rates for their church members who would not qualify for loans otherwise.

To qualify for  participation in JAF, the borrower covenants with the church and agrees to receive financial counseling, loan monitoring and payroll deduction. The program is a way to provide your church members short term help during a financial crisis and financial management tools to assist them with long term financial stability.

For details on partnering with VUMCU to establish a fund at your church call 866-657-0004 or email Carol Mathis at: cmathis@vumcu.org .