With One Skip, You Can Make Twice the Impact
Back-to-school season is exciting, but it can also put extra pressure on your budget. Whether you're buying backpacks, school supplies, clothes or recovering from a busy summer, St. Cloud Financial Credit Union is here to help.
In August or September, your local credit union is offering you the chance to skip your monthly loan payment with Skip-A-Pay so you can use that money where you need it most.
But this year, your skipped payment can do even more.
For every skipped payment in August and September, $15 will be donated to St. Cloud area schools and the Ready, Set, School Program in support of our area students and to help them purchase supplies for the classroom. This is part of SCFCU's commitment to our local youth and giving back to future generations.
It's one simple decision that can make twice the impact for both you and for students right here in our community. Together, we can make a meaningful difference for our local schools, one skipped payment at a time.
To skip a payment, log onto online banking and follow these steps:
In the navigation bar on desktop, click "Transfer & Bill Pay." On mobile devices, click “More” and click “Transfer & Bill Pay.”
Click "Skip A Pay."
Fill out the request form.
Gear Up for School Event!
Speaking of back-to-school, we invite you to join us from 4-6 p.m. on Aug. 20 at our SCFCU Sauk Rapids branch for a Gear Up for School event to get you and your family ready for school! Prizes, giveaways, games, food and animals will be available!
You can learn more here and we hope to see you there!
Eligibility Requirements: You must be a member in good standing. Your loan must not have had any late payments in the last 12 months. A maximum of six payments can be skipped during the life of the loan, with no more than two per calendar year. If you want to skip one month’s payment, the loan must have at least six months of payments made. If you want to skip two monthly payments on a loan, the loan must have at least 12 months of payments made. Interest will continue to accrue on the outstanding balance of your loan(s) until paid in full. Skipping a payment may increase the number of remaining loan payments. 1st Mortgage Products, 2nd Mortgage Products, HELOC Products, Business Loan Products, Commercial/SBA Products, AFG Products, Extra Mile Products, Anytime Access and Credit Cards are excluded from this offer.