Ocean Financial will continue to take all necessary steps to continue to serve your needs through this time. Should you or your family be impacted by COVID-19 and need financial support, please reach out to one of our Loan Officers, who are ready to provide guidance and discuss any financial arrangements you may need to help you through this difficult time.

Hardship Loan for Members

A Hardship Loan is available for current Ocean Financial members only, please speak with a Loan Officer at 516-620-8100 for details.

Members will need to demonstrate need and complete a hardship application to be considered for this loan.

Emergency Assistance Loan

An Emergency Assistance Loan can help you with any financial hardships during this time, such as losing a job, bill payments, medical emergencies and other living expenses. Rest assured that you are covered:


• Loan amounts up to $7,500* for 36 months.

• First loan payment is deferred for 90 days.**

• Online Application

• NO Hardship application is needed.

Apply for an Emergency Assistance Loan

VISA Skip-A-Pay

If you need to defer payments for hardship due to COVID-19, fill out a VISA Skip a Pay Form and call 516-620-8100 for additional details.

*APR=Annual Percentage Rate. APR accurate as of 3/27/2020 for qualified applicants only, and is subject to change without prior notice. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. Advertised rates are the lowest available for this product. Emergency Assistance Loans cannot be used to pay off other credit union loans. For terms of 36 months, estimated monthly payment is $80.87 per $1,000 borrowed at a rate of 6.99% APR. Membership conditions may apply. Minimum loan amount is $1,000.
**Interest will accrue during the 90-Day first payment deferral period.