Skip-A-Payment - Members Community Credit Union

We think everyone deserves a break, so Skip-A-Payment Program is now year-round.

Deferrals can be made on any qualifying loans. One deferment is a maximum of 4 consecutive weeks. All deferments will begin the first full week of the month selected. The deferred payment and accrued interest will be made up at the end of the loan. Deferrals cannot be made on any type of mortgage loan, which includes home equity loans and home equity lines of credit. Your GAP coverage may be affected, if applicable.

All loan(s) must be current and all accounts must be in good standing
New loans must have a minimum of six monthly payments to be eligible
Cannot skip two consecutive months
Max 2 skipped loan payments per calendar year (January 1 – December 31)
$30 will be added to the loan for each skipped payment

Forms must be submitted 1 week prior to the month you wish to defer. For automatic payments coming from another financial, they will still be pulled and put into your savings account rather than applied to your loan for the month you deferred.

Skip-A-Payment Form

Name On Loan at Members Community Credit Union:*
First Last
Daytime Phone Number:*
Email
Account Number Loan(s) Is Under:*
If applicable, Co-Borrower's Name:
First Last
Month You Wish To Defer Your Loan(s)?*
Defer:*
Loan Number(s)To Defer:
For loans at MCCU in Muscatine, Iowa
Are Your Payments Made By Payroll Deduction:*
- Yes
- No
*Payroll deductions & external automatic payments will be deposited into the savings account that it comes in under.
List Company and Account Number:*
*Payroll deductions & external automatic payments will be deposited into the savings account that it comes in under.
Last 4 digits of your Social Security Number:*
If applicable, Last 4 digits of Co-Borrower's Social Security Number:
By entering your name and the last four digits of your social security number (and co-borrower's, if applicable) in the form above, you are agreeing to sign and submit your skip-a-payment form electronically. You also understand there is a $30 processing fee per loan, which will be added to the loan and that the regular interest will continue to accrue on your account and GAP coverage may be affected. MCCU reserves the right to deny any skip-a-payment request. Members Community Credit Union is located in Muscatine, Iowa.