Holiday Skip-a-Pay is back! Add some extra jingle to your wallet when you elect to skip your loan payment in November, December, or January.
New for 2018! Eligible members can enroll in Online Banking!
*Restrictions apply. $49 processing fee per loan skipped due at time of program enrollment. See Credit Union for details.
Interest will continue to accumulate on your loan during the month you skip your payment. If your loan payment is made via payroll deduction the total monthly payment amount will be credited to your Share Savings account in the month you elect the skip. Each loan can be skipped no more than two (2) times during the life of the loan. All loans must be current and not have delinquencies to qualify. Mortgages, Home Equity, HELOC, Driving Sense, loans with bi-weekly payments, and Signature Lines of Credit do not qualify for the Skip-a-Payment program. Please allow up to two weeks to process your request.
Notice to members with GAP protection on their vehicle loans: Use of the Skip-a-Payment program more than two (2) times during the life of the vehicle loan may affect a future GAP claim or payoff. Contact your loan officer for details. USING THIS PROGRAM WILL EXTEND THE PAYMENT TERMS OF THE LOAN.