Skip-a-Payment

We offer Skip-a-Payment options for members!

Industrial Credit Union members may choose to skip a payment on eligible consumer loans* up to twice per year.

To get started:

• Log in to Digital Banking
• Click the Additional Services tab
• Then select Skip-A-Payment

Please note, there is a $20 fee per skipped payment which will be added to the principal balance of your loan.

*Loans must be in good standing; established for at least 45 days and may not be charged off or part of a bankruptcy. Skip payments are not valid on the following loans: Business, credit cards, Ca$hline, real estate secured loans, consumer loans with a balance over $50,000, any loan with more than 1 extension in the last 12 months, any loan that is not current, any loan that has been delinquent within the last 90 days. Payments may not be skipped for 2 consecutive months. Skipping a payment may affect a future GAP claim.