Skip-A-Pay
Between the gifts, the gatherings, and everything else that comes with the holidays, your budget can feel a little tighter this time of year.
With Skip-A-Pay, eligible members can skip their December or January loan payment for a $30 processing fee.
Choose Your Skip-A-Pay Option
Skip December
Your November payment must be made before requesting Skip-A-Pay.
Skip January
Your December payment must be made before requesting Skip-A-Pay.
How to request a skip-a-pay
Requesting a Skip-A-Pay is easy. Choose whichever options works best for you.
Digital Banking
Send us a secure message through digital banking.
Video Banking
Connect with our team through video banking.
Call Us
Speak with a team member from our local service center.
Visit a Branch
Stop by and talk with us in person.
Please make sure the funds for the $30 processing fee are available in your account when you submit your request.
Supporting Barbara Bush Children’s Hospital
Your Skip-A-Pay request does more than give you flexibility. A portion of the $30 processing fee goes to support the Barbara Bush Children’s Hospital and the critical care, hope, and healing they provide for children and families in Maine.
Frequently Asked Questions
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Skip-a-pay is available for eligible loans, but not every loan qualifies.
The following loans are not eligible:
Real Estate Loans (Mortgages, HELOCs, etc.)
Anchor Auto Flex Loans
Business Loans
Your first loan payment cannot be skipped, and you may only skip one payment per eligible loan during the December-January season.
Some loan types may require approval.
To find out if your specific loan is eligible, please contact us.
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Eligible members can request to skip either their December or January loan payment on eligible loans for a $30 processing fee. You can only skip one payment per loan during the December-January season.
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To skip your December payment, your November payment must be paid first. To skip you January payment, your December payment must be paid first.
The funds for the $30 processing fee must be available in your account when you submit your request.
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Yes, there is a $30 processing fee for each approved Skip-A-Pay request. A portion of the fee goes to support the Barbara Bush Children’s Hospital.
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It depends on how your automatic payment is set up.
Payments from another financial institution: Your Skip-A-Pay request must be completed at least two days before your loan’s due date.
Automatic transfers set up through digital banking: If you set up the recurring transfer yourself in digital banking, you’ll need to log in and pause or skip that transfer yourself.
Be sure to take these steps to help prevent your regular payment from being transferred after your Skip-A-Pay request.
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You can request Skip-A-Pay in whichever way is most convenient for you:
Send us a secure message through digital banking.
Connect with us through video banking.
Give us a call.
Visit a branch.
Our team can help you with the request and answer any questions about your loan’s eligibility.
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Payments that are “skipped” through Skip-A-Pay are added to the end of your loan term.
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Yes, interest will continue to accrue during the month that has been skipped with Skip-A-Pay. In some instances, you may be required to pay the interest that will accrue in order for your Skip-A-Pay to be approved.
A $30 processing fee is required for Skip-A-Pay. A portion of our processing fee will benefit the Barbara Bush Children’s Hospital. Skip your eligible December or January loan payment(s). Loan eligibility required. Some exclusions may apply.