TDECU Provides Members with Financial Recovery Tools in the Aftermath of Hurricane Ike LAKE JACKSON, Texas, Sep 17, 2008 (BUSINESS WIRE) -- As the damage left behind by Hurricane Ike is felt more with each passing day, TDECU has put into action several innovative services to help members who have suffered losses and whose budgets have been turned upside down.

The first is a universal Skip-A-Pay program, allowing members to skip a month or two on all of their loan payments to TDECU. Within the first day of the Skip-A-Pay program being announced on the TDECU Web site, more than 2,000 members took them up on the offer to defer their loans -- mortgage, car or unsecured.

TDECU is also offering members a special loan, the Recover, Repair, Replace and then Relax Loan to cover the costs of evacuation, displacement, or recovery for the repairing, replacement and rebuilding of their homes and lives. Through the terms of this loan, members will not have payments for the first 90 days.

Afterwards, repayment terms will be extended for up to 36-months. Members can apply for this loan, which will be offered for a limited time, by visiting their branch or calling TDECU.