Skip-a-Payment

A little breathing room, on us.

We get it: life happens. Twice a year, you could be eligible to skip a loan payment for just $25.

Credit Cards Loans

Person sitting at a table in a bright kitchen, using a smartphone while reviewing bills and paperwork with a calculator and laptop nearby.

Short-term relief

Twice a year (in non-consecutive months), you can skip a qualifying loan payment for $25.

Easy to request

Request Skip-a-Payment through Online Banking or return this form to your nearest branch.

Know the impact

Be sure to understand how skipping a payment can affect your loan timing and total cost.

How to Skip-a-Payment

Review eligibility, complete your request, and understand how skipping a payment can affect your loan.

Check eligibility

Only Auto, RV, Personal, and MI Saves loans qualify. See our FAQ for additional conditions.

Choose your path

In Online Banking, click Services, then Skip Your Loan Payment. Or, submit this form at a branch.

Review the impact

Understand that your skipped payment is deferred, not forgiven, and may extend your term.

Skip-a-Payment FAQ

Learn more about how Skip-a-Payment works, which loans may qualify, what it costs, and how skipping can affect your loan.

Skip-a-Payment lets eligible members skip a regular monthly loan payment for a $25 fee — helpful when an unexpected expense shows up right before your due date. You can skip up to two payments per calendar year in nonconsecutive months, as long as your loan is current and eligible. Keep in mind: interest continues to accrue during the skipped month, which may extend your loan term. To use it, log in to Online Banking and look for the Skip-a-Payment option, or download and return the form to any branch.

Auto loans, recreational vehicle loans, unsecured term (personal) loans, and MI Saves loans may qualify for Skip-a-Payment.

Mortgages, home equity loans, credit cards, lines of credit, auto leases, commercial loans, airplanes, and mobile home loans do not qualify for Skip-a-Payment.

A loan payment cannot be skipped if:

It is within the first 60 days of your loan opening.
It is your first loan payment.
Another loan in your name is delinquent.
The loan balance is under $1,000 or over $150,000 for secured loans and under $1,000 and over $25,000 for unsecured loans.
The payment amount is less than $50 or more than $1,500.
It is more than 30 days before the due date or more than 15 days after the due date.

You can skip up to two payments per loan per calendar year. However, those two skipped months cannot be consecutive.

Yes, you are still responsible for your skipped payment, as it is deferred, not forgiven. Skipping a payment extends your loan, as the skipped payment is added to the end of your term.

Interest will continue to accrue on the outstanding balance, which may increase the loan’s total cost over time. If you have ACH or automatic payments set up, you will still need to cancel that skipped monthly payment in time.