Holiday Skip-A-Pay Disclosure

Our Skip-A-Pay program offers qualified members a one-time deferral of your December loan payment(s). November payment(s) must be made in order to participate in this offer. Your regular loan payment schedule will resume January of the next year. If your loan payment is made automatically through a savings or checking transfer and you participate in this offer, the amount of the payment will remain in your account. The finance charges continue to accrue during the skip period, therefore by deferring the payment on your loan, the total amount you pay for finance charges on your loan could be greater than stated on your loan disclosure.

Also by participating, your loan repayment schedule will be extended by approximately one month due to your deferred payment. Incomplete applications will not be processed. Loan payments that have already been made cannot be deferred. We reserve the right to revoke this offer if your account is delinquent by 30 days or more. If there are insufficient funds in the indicated account to cover the payment deferral fee, the fee will automatically be added to the balance of that particular loan. Your due date will not advance until after the date of your regularly scheduled December payment. If you choose to add the fee to your loan balance, the annual percentage rate on your loan may be affected. Any changes to the annual percentage rate will be reflected on your next periodic statement. If you have GAP coverage on your vehicle, it is your responsibility to check with your insurance company regarding their policy on skip or payment deferral before participating in our Skip-A-Pay program.

Real estate, Visa® credit card and Credit Builder loans are not eligible to participate in this offer.