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Posted on October 16, 2019 | Announcement
Skip a Payment 2019

Downeast CU is once again offering holiday Skip-A-Payment. This means you can choose to skip the November, December or January payment on your eligible credit union loan. Have more than one eligible loan? Skip a payment on each!

What are you waiting for?   Mellow out and skip that payment!


Apply here:  Skip A Pay 2019 2020 Application

Downeast Credit Union Skip-A-Payment – Good for you, good for your community. For every payment skipped, $5 will be donated to the Downeast Credit Union Charitable Foundation.


Skip A Pay Rules 2019/2020

1. A processing fee of $39.00 per loan skipped. The fee will either be deducted from your account, or a check can be made payable to Downeast Credit Union.

2. Exclusions include but are not limited to real estate secured loans, open end lines of credit (including Visa credit cards), whatever loans, single payment notes and loans to build or rebuild credit. All DECU accounts must be in good standing.

3. I understand that by returning this coupon, I will be eligible to skip the monthly payment(s). I also understand if I fail to return this coupon within five (5) days before the due date of the monthly payment(s) I would like to skip, my normal loan payment(s) will be due on the normal due date(s); or, if subject to transfer, will be made on the scheduled due date(s). Should this occur and funds are not available to complete my normal loan payment(s), I may be subject to Late Fees as outlined in my loan agreement(s). Payments made cannot be refunded.

4. Interest will continue to accrue on unpaid balances through the skipped payment period and the term of the loan(s) may be extended.

5. The Credit Union reserves the right to rescind this offer if any of the accounts are in default or if conditions or criteria are not met.

6. Offer expires on January 31, 2020. After the skipped payment period, the normal monthly payment will resume on the first due date following the skipped payment period.


It’s Easy to Apply

Simply complete the Skip A Pay 2019 2020 Application, and return it to us by either mail, drop it off at one of our branch locations nearest you, or email to lending@downeastcu.com

We’ll do the rest!