Summer Skip A Pay

Make your summer a bit easier by skipping a loan payment in June or July.

You can skip payments for up to four loans!* The only requirement is a $30 fee per loan, which we can deduct from your share or checking account.

It's easy to get started: download the Skip A Pay form, print and complete it, then bring it to one of our TEFCU branch locations with your payment.*

Please note the following:

  • Skipping a payment extends the term of the loan(s), and interest will continue to accrue in the balance of the loan(s) through the deferred payment period and may cause the maturity date of each to be extended.
  • Members who have executed an extension agreement or who have NSF/delinquent history are not eligible.
  • Payments made via ACH or automatic transfer from other institutions will be deposited into the member’s TEFCU share/savings account.
  • Loan(s) must be current at the time this Skip A Pay form is received, or the request will not be processed.
  • Loans obtained within the past six (6) months are not eligible.
  • Single payment loans, balloon loans and credit cards are not eligible.
  • Members are limited to one Skip A Pay per year.

We're here to help

Contact us today with your loan questions.