Skip-A-Payment

Submit your Holiday Skip-A-Payment online. Fill out the form below and we'll skip your payment(s) for the holidays. Do you prefer a paper-based enrollment? Click here to print the enrollment form

HOW HOLIDAY SKIP-A-PAYMENT WORKS:

You may be eligible to defer ONE MONTH of regularly scheduled payments for your choice of: November or December

THE PAYMENT(S) SKIPPED WILL EXTEND YOUR LOAN(S) BY ONE MONTH. INTEREST WILL CONTINUE TO ACCRUE DURING THE SKIP. A FEE OF $20.00 PER LOAN WILL BE ADDED TO THE PRINCIPAL OF THE LOAN.

ACH and Payroll Deduction: The dollar amount withdrawn for payments made electronically via ACH or Payroll will STILL BE withdrawn and funds will be deposited into your share savings account. You are eligible to withdraw those funds from the account.

Home Banking: If you have a recurring payment scheduled in Online Banking please revise the request to ensure a payment does not post during the month you’ve selected. You will need to turn this feature back on for the following month.

If you wish to participate in this service, please enroll at least 3 business days prior to the first payment in the month you choose to skip. If you have any questions, please contact us at (507) 437-6360.

Name: *

Agree To Terms *

By submitting, I understand that the terms and conditions of my loan agreement(s) are unchanged and remain in full force and effect, except that there will not be any regular payment(s) required during the deferral period set forth above. I also understand that: interest will continue to accrue on the outstanding loan balance(s) during the deferral period and until the loan(s) is paid in full and that I continue to be responsible for the entire outstanding principal and interest of my loan(s), I will continue to make the scheduled payment(s) until all principal and interest is paid in full, and that the loan(s) maturity date will be extended. At least one borrower is required to authorize enrollment and may do so without authorization of other borrowers. I agree to have received a copy of this enrollment to retain for my records. If verbally authorized, I consent to a copy of enrollment mailed to me. MCECU reserves the right to refuse any Skip-A-Payment request and will advise you only if your request is denied.

Phone Number *

Email:

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(507) 437-6360

Routing number: 291973302

Membership Number *

Message:

Speaking Of The Holidays! Check out our Christmas Club Share-Savings Accountand make the holidays even MORE financially easier.

This account allows you to set aside spending money for the holidays. Deposit a portion of your paycheck each pay period into your account to build your savings over time.

The Christmas Club can be opened with as little as $10.00. Your balance is transferred on November 1st each year to your primary Share Savings Account. There are no account fees unless funds are accessed prior to the scheduled payout.

CLICK HERE TO LEARN MORE ABOUT CHRISTMAS CLUB ACCOUNTS!

Loans To Enroll *

ALL LOANS For This Membership

Only Certain Loans (Message Below Required)

Contact Me To Discuss Directly

Holiday Skip Month *

November

December