Skip A Payment

Skip A PaymentAs a valued member of Taconnet Federal Credit Union, you have been selected to participate in our Holiday Skip-A-Payment program. This means that you can choose to skip the November, December or January payment on your credit union loan. Have more than one eligible loan? Skip a payment on each!

Skipping a payment is like “making a loan to yourself” and will allow you to take the stress out of the season, and take charge of your holiday budget! Use the extra cash for holiday travel, gifts, entertaining, or any of the many expenses that come this time of year. It’s our way of thanking you for your loyalty, and telling you how much we appreciate your membership!

It’s easy to apply! Download and complete the application below, and return it to us by mail, by faxing it to 207-872-7815, or by dropping it off at an Taconnet Federal Credit Union branch. We’ll do the rest!

Skip-A-Payment Rules

  1. A processing fee of $25.00 per loan will be deducted from your account. If you do not have $25.00 in your account, please mail a check for $25.00 with your Holiday Skip-A-Payment request.
  2. If you have had your loan less than 12 months you are unable to skip a payment.
  3. Loans cannot be past due at the time of request. All Real Estate Loans (i.e., Mortgages, Home Equity Line of Credit Loans, Home Equity Loans, and Home Improvement Loans, etc.) are not eligible. Application and approval required for all skipped payments. All applications are subject to the Credit Union’s final approval.
  4. Applications should be received at least four business days prior to loan due date. Interest will continue to accrue on unpaid balances through skipped payment period.