We at FNBO would like to thank the service men and women that protect our freedom, and we want to help you understand your rights under the Servicemembers Civil Relief Act (SCRA). The SCRA provides financial relief and protections to eligible military personnel serving on active duty. As an active-duty member of the United States Military, you may be eligible for SCRA benefits and protections on the following products, including but not limited to:
Active-duty members of the military, including those described below, who received their loan or credit prior to active service may be eligible for an interest rate reduction benefit and reduced payments. In addition, you may be protected from non-judicial foreclosure and repossession of property without a court order. FNBO goes above and beyond on eligible bank products by allowing any loans that were opened during active duty period to be eligible for review.
To apply for SCRA benefits, you must provide a copy of your military orders or any type of document that the Department of Defense deems a substitute for official orders calling you to active duty service along with a cover letter requesting the benefit and if applicable, a marriage license. You will receive a notification by mail once your request has been reviewed. You may provide your documentation using any of the following methods:
Please specify all accounts you are requesting benefits for. If you are requesting benefits for a Slice by FNBO loan please specify this in your request. Please be sure to include contact information in case we need to reach out to you with additional questions.
What is SCRA?
The Servicemembers Civil Relief Act (SCRA) is a federal statute that provides financial relief and protections to eligible military personnel serving on active duty.
Do we provide benefits for retired military?
SCRA benefits apply to military personnel who are actively serving.
Do benefits apply to my spouse?
Yes, we would need a copy of the marriage certificate to review the account for benefits.