SMCU Quick Cash Loan Program
The County has partnered with the San Mateo Credit Union (SMCU) to offer employees a Quick Cash Loan Program. Through the program, SMCU provides short term loans ranging from $500-$3,000 to help with immediate cash needs. In order to qualify, employees must be employed by the County for at least 12 months and be a SMCU member (can apply without being a member, membership opened at the time of funding the loan).
In addition to this new program, the SMCU offers free financial education and counseling services, and helps employees refinance existing loans and pay off current debt.
A special thank you to Supervisor Pine for making this program possible by suggesting the introduction of an emergency loan program.