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Our
Skip-A-Payment program lets members choose one month to skip
their monthly loan payment. Keep the cash for some other purpose!
Choose any month you want
as long as you're a member in good standing with no delinquent
loans. If you use payroll deduction or direct deposit for
loan repayment, funds for the skipped month will be credited
to shares or checking regardless of the number of paydays
in that month.
•
Interest will continue to accrue on the outstanding loan balance.
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Loans must be current 12 months prior to the skipped month.
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Requests must be received and approved at least 10 days prior
to
the skipped month
and signed by all borrowers.
•
Only one skip is permitted per year per loan, with
a maximum of
three skips for
the life of the loan.
•
Home equity loans are not eligible.
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Request your Skip-A-Payment
today!
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