Get the app

 

Skip-A-Payment
When you need a little breathing room.

What is a Skip-A-Payment?

A Skip-A-Payment is a loan option that permits members to defer a loan payment and extend the original loan term. The number of payments skipped will depend on the frequency of the payment; one monthly, two bi-weekly, two semi-monthly, or four weekly payments. Interest will continue to accrue during the skipped month.

 

Do I Qualify?

  • The loan must be at least 90 days old
  • Only 1 Skip-A-Payment is allowed every 6 months on each qualifying loan
  • There is a $25 processing fee that must be paid before the Skip-A-Payment will be processed
  • All loans must be current (within 15 days of the due date) including the loan to be skipped
  • All accounts must be in good standing
  • REAL ESTATE and CREDIT CARDS DO NOT QUALIFY FOR SKIP-A-PAYMENT

If you have any questions, please contact us or call the phone center at 903-735-3000.

Apply Now

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.