Need a break from your loan payment?

Choose to Skip-A-Payment — one per year, per loan.

You can skip a payment in Mobile/Online Banking.

Simply sign onto your account and look for the Skip-A-Payment feature. Note: You will only see this option if you have eligible loans.

Skip-A-Payment can only be used on installment loans secured by vehicles (autos, RV’s, motorcycles, etc.), signature loans, and variable rate share secured loans. Loan payment deferment will be your next due date. Please refer to your statement to confirm the month being skipped.

There is a $30 processing fee to skip each payment on each loan. See all terms and conditions for eligibility criteria.

 

Online Banking FAQs
Mobile & Text Banking

The loan must be open for 4 months. The minimum payment eligible to be skipped is $50.00. The following loans are not eligible for a payment skip: 1) Credit Cards, Business Loans, Business Credit Cards, Real Estate Loans (First Mortgages, Home Equity Loans and Home Equity Lines of Credit, Land Loans, Investment Properties, and Vacation Homes), Certificate Secured Loans or one time Pay Share Secured Loans; 2) Loans that are currently delinquent or have been delinquent 61 days or more in the last 12 months; 3) Loans with modifications within the last 12 months; 4)Workout Loans. By participating in our Skip-A-Payment program, you agree and understand that: (i)although no late charges or other penalties will be imposed for failure to make the payment being deferred, interest will still accrue on your outstanding balance of the loan at the agreed rate (which will result in higher interest charges than if you made your payment as originally scheduled; (ii) the deferred payment will extend the term of your loan beyond the original maturity date (which will result in you having to make payments after your loan would otherwise have been paid off); and (iii) you will be required to resume your regularly scheduled payments the following month. Please note that any life, disability, debt protection, GAP coverage, or other insurance contracts will not extend beyond the original maturity date identified in those contracts as a result of participation in the Skip-A-Pay program. Payment skips can only be used one time per year and must be at least 90 days apart. Certain other restrictions may apply. Must be submitted ten (10) business days before your loan payment for the applicable payment skip is due. Federally insured by NCUA. NMLS#485751. Subject to approval.

Updated: November 1, 2017