Unexpected expenses happen. That's why there's Skip-A-Pay.

Skip-A-Payment

Skip-A-Payment allows you to have a little extra cash on hand for special occasions or unforeseen expenses by skipping a loan payment for one month.

Skip-A-Payment can only be used twice in a 12-month rolling period, and no more than once within a 60-day time frame. Certain terms and conditions apply, and not all loans are eligible. For more information on fees and conditions, please review the details listed below.

You can make Skip-A-Payment requests in one of two ways: from Online Banking or in person at any of our branch locations.

If your payment is automatically transferred or you transfer it from your Generations account…

  • Submit a Skip-A-Payment request within your Online Banking Portal.
  • Do not make that month’s (or two bi-weekly) payment(s).
  • Your due date will be advanced by one month.

If you use ACH Origination from another institution or Electronic Funds Transfer (EFT):

  • Be sure to submit the online Skip-A-Payment request 72 hours or more in advance of your loan payment due date to ensure the distribution date or transfer date is advanced.
  • The loan payment due date will be advanced by one month.
  • Automatic payments will continue on the next scheduled due date.

If you use another form of payment:

  • Be sure to submit the Skip-A-Payment request one week or more in advance of your loan payment due date.
  • Do not make that month’s (or two bi-weekly) payment(s).
  • Your due date will be advanced by one month.

When you Skip-A-Payment:

  • There is a $25 processing fee for each skipped loan payment.
  • Each month your skip will extend the term of your loan by one month.

Eligible loans include: new and used autos, trucks and motorcycles; new and used boats; RVs and trailers; and personal loans. Interest will continue to accrue, and deferment of payment will extend the life of the loan. Member accounts must be current and in good standing. At least three months of payment history must be made on the eligible loans. Members cannot skip two months of consecutive loan payments. Eligible loans may skip-a-payment only twice in a 12-month rolling period. There will be a $25 processing fee for each skipped loan payment.

How do I submit my Skip-A-Payment request online?
What loans are eligible to be skipped online?
Is there a fee for the online skip payment request? 
Will I have the option to pay from another account? 
Why can I only see some of my loans in the dropdown menu in Online Banking?
Can I cancel my Skip-A-Payment request once I have submitted it? 
What if I use a Bill Pay Provider to send my loan payment each month?
How far in advance must I submit the Skip-A-Payment request?