The ATFCU Skip-A-Payment program takes place during the holiday season each year. Here's how it works - members in good standing can elect to skip one or two loan payments during November, December, and January. A $10 fee is collected for each loan payment skipped. The entire fee is then donated to The Boys and Girls Club of Abilene to support their respected work with Abilene's children and youth.
Since the 2003 start of the Skip-a-Pay program, Abilene Teachers FCU members have donated $1.8 million to the Boys and Girls Club. This significant amount has allowed for club expansion and enhanced programs. On their behalf, thank you for your enthusiastic participation!
The 2017 program was completed January 31, 2018. The donation to the Boys and Girls club totaled $142,540. We extend our appreciation to participating members.
The 2018 program will begin October 1, 2018. On or after that date, qualified members can electronically request and approve their own skips. This can be done using either any of our mobile apps or in online banking.
Mobile Banking Apps
In any of our phone or tablet apps, tap on the 'More' heading, then tap 'Skip a Payment'. Follow the prompts from that point.
After logging in to online banking, look for the Skip A Payment section located directly below the Make a Payment box. Follow the prompts from that point.
If you prefer a more traditional route to request skips, please drop by a branch or call us at 677-2274 or 800-677-6770 to get the process underway.
Just like with Santa, timing is an issue. If your loan payment is being made automatically from an outside financial institution or from another account at ATFCU, please request the skip or contact us at least 5 business days in advance of the payment date so that proper loan modifications can be completed.
Skip payments are subject to ATFCU approval and are not available for real estate, home equity, home improvement, overdraft, line of credit, or credit card loans. New loans that have not had a least one full monthly payment are not eligible. Full insurance coverage must be in effect for vehicle loans.
Other restrictions may apply. Members who have already had two payment extensions in the past twelve months may not be eligible. Payment skips or extensions will affect interest accrual, final payoff date, GAP settlements, and equity in collateral.