Questions?

*Offer Details:

By participating in the Skip-A-Payment program, you acknowledge that the interest on your loan will continue to accrue during the deferral period. The net effect of the skipped payment(s) will cause additional interest that will be applied to your next payment. Additionally, your loan may be extended one or more payments over its life to accommodate this deferral. You may skip up to two monthly payments per loan per year. However, there must be 6 consecutive months between skipped payments. The expiration dates of Guaranteed Asset Protection (GAP) and/or Debt Cancellation products will not be extended.  All other terms of your original loan agreement will remain the same. A Skip-A-Payment Form must be completed for each payment skipped.

You must be a member in good standing to participate in the Skip-A-Payment program. The loan must have been active for the last six (6) months, with no late payments in the last three (3) months. A payment is considered late when it is received after the 10-day grace period. A late fee is then assessed to the account.

Mortgage, Home Equity, Home Equity Line of Credit, Credit Cards, Line of Credit/Overdraft Protection loans are not eligible for the Skip-A-Payment Program. A $40 per loan processing fee will be deducted from the available funds in your account (checking or savings) unless a separate check accompanies this request. If your loan payment is made via ACH from another financial institution, your payments will advance one month. The Skip-A-Payment must be approved 3 business days prior to the ACH transaction.