From time to time, we can all use a breather. Peninsula is offering the option of skipping one of your auto, truck or other consumer loan payments* this summer. Use the money to  pay off debt, get caught up on your bills or maybe even go on a vacation.

If that wasn’t good enough, we are going to donate 10% of all of the Skip a Pay fees we collect and donate them to Children’s Miracle Network Hospitals. So not only can you dip your toes in the sand, but you can support a noble cause.

$30.00 fee per loan payment you choose to skip.

Simply complete the form and return it to the credit union.

Summer Skip Pay and Get-Away Web Form 2017


* Subject to approval. Skip Payment not available on mortgages, equity loans and lines of credit, Visa credit cards, balloon loans or certificate secured loans, checking reserve, personal lines of credit, Borrow and Save loans, or Renew (GPS) auto loans. Accrued interest may impact final payment and/or number of payments. Some limitations may apply; loans must be current as of time processed and have a minimum 12 months “as agreed” payment history. The maximum allowed skips per eligible loan is three per calendar year. Offer expires August 31, 2017. The total sum of all weekly, bi-weekly, or semi-monthly payments during one month constitute one month’s payment. If you have GAP (Guaranteed Asset Protection) coverage, skipping a payment will not extend your protection and may result in exposure to a balance due upon total loss of your vehicle.


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Loan Payment Coupon (PDF)

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