Coronavirus Skip-A-Pay

We are here to help - we're in this together! 

McCoy Federal Credit Union is prepared to assist members who have been adversely affected by coronavirus. We care about our members and our communities we serve and would like to offer financial support to loyal members who have been directly affected.

Skip-A-Pay
A Coronavirus Skip-a-Pay is available for up to 60 days on existing consumer installment loans and select revolving credit lines. Allowing a skipped payment during this period can provide you peace of mind that you will be able to meet your monthly commitments. There is a $25 fee per loan skipped, and hardship letter is required. Skip-a-Pay exclusions include loans for mortgages, corporate, business and credit cards.

To take advantage of this offer, simply complete the online request form and submit by April 30, 2020.

To submit Skip-A-Pay Request Online, click here

 

Mortgage Forbearance
A Coronavirus Mortgage Forbearance is available to skip up to (2) two payments. Note - the next payment will be due on the due date of the following month after the skipped period. Allowing a skipped payment during this period can provide you peace of mind that you will be able to meet your monthly commitments. There is a $25 fee per loan skipped, and hardship letter is required.

To take advantage of this offer, simply complete the request form and submit by April 30, 2020.


To submit Mortgage Forbearance Request Online, click here