Skip-a-Pay!

Skip-a-Pay.jpgWouldn’t it be nice to put off your loan payment for a month when the in-laws are in to town? What about when you’re on vacation and would rather spend your hard-earned dough on a snorkel cruise or bungee jumping expedition? Maybe money is just tight and you could use the cash for groceries or gas to get to work. We've all been there, and guess what? Credit Union 1 has your back! We’re giving you easy access to Skip-a-Pays in OnLine Access, so you’ve got the power to do all this from the comfort of your easy chair!

Even better? Skip-a-Pays are only $25, $5 of which goes towards supporting Alaska's youth in your community with our One for All Alaska Fund!

Here are some tips to support smooth skipping:

  • Your loan needs to be open at least six months with a payment made each month to be eligible for a Skip-a-Pay.
  • Your savings or checking account must have enough funds to cover the processing fee of $25.
  • Your loan may not be past due.
  • Your address and telephone number must be current in our system.

Real Estate, Fresh Start, Pledge of Certificate, and line of credit loans (including credit cards) are not eligible for a Skip-a-Pay. If you have automatic payments, they’ll be automatically adjusted. One Skip-a-Pay is allowed per loan per year with a maximum six for the life of any loan.

Questions? Contact the Member Service Center at (907) 339-9485, 800 478-2222, e-mail service@cu1.org or  visit your local branch.

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