💨 Skip a Payment — Stay on Track
When money feels tight, you don’t have to fall behind.
With Skip-a-Payment, eligible members can skip up to two loan payments per rolling calendar year, giving you the breathing room to handle what matters most — while staying on track toward your goals.
🌟 Why It Helps
- Free up cash when you need it most
- Avoid falling behind on payments
- Stay in good standing and protect your credit
- Enjoy a little flexibility — without losing momentum
🛠️ How It Works
Request a Skip-a-Payment by:
- Visiting a teller at the Ithaca or Rochester branch
- Sending a secure message through Online Banking
- Calling us at 877-273-2328
A $30 processing fee applies per loan for each month you choose to skip.
Once approved, your eligible payment(s) will be skipped.
You may skip up to two loan payments per rolling calendar year, one at a time.
Example: If you skip payments in November and December this year, you’ll be eligible again in November of the following year.
đź’ˇ Interest continues to accrue, and your loan term will extend.
âś… Eligibility
To qualify, your loan must:
- Be open for at least 180 days
- Be current (or less than 30 days past due)
- Be a consumer loan
(real estate loans, credit cards, and lines of credit not eligible) - Have no more than two skips per rolling calendar year
đź’š A Little Flexibility, the Responsible Way
You’ve worked hard to stay current, and we’re here to help you keep it that way.
Skip-a-Payment offers flexibility when life throws a curveball — whether it’s an unexpected expense, a seasonal bill, or simply a chance to catch your breath.
It’s a smart, responsible way to manage your money and protect your progress.
*Eligibility subject to credit union approval; restrictions apply. Not all loan types qualify. Interest accrues during the skipped month; skipping may extend your loan term. There is a $30 processing fee per loan, per month skipped (due at time of request). Maximum of two Skip-a-Pay requests per qualifying loan per rolling calendar year. Skipping a payment may affect credit life or disability insurance coverage — please refer to your policy for details.