News & Announcements

Skip-A-Pay Applications Now Available!

Need some extra change in your pocket for the holidays? Take a holiday from your loan!

Dannemora Federal Credit Union allows members to skip their November, December, or January auto or personal loan payment, giving you some extra room in your budget for holiday expenses (or whatever you want to use the extra money for!).

So how does it work?

If you auto or personal loan is at least 90 days old with timely contractual payments made, you can apply to skip your November, December, or January loan payment. The fee per loan is $25.00, which will be deducted from your account upon receipt of the application. Offer excludes line of credit, overdraft, mortgages, home equity, share & CD secured loans, payments cannot be made through disability. The applicant must not have been granted an extension within the previous three months. The payment skip is applied to either four weekly payments, two bi-weekly payments or one monthly payment for one qualifying month (November, December or January). Please be aware that interest will continue to accrue during the month you skip your payment, and the skipped payment will be added to the end of your loan term. Applications must be received at least five days prior to the due date of the payment that you wish to skip. Other exclusions may apply

How do I apply?

Applications are available at any branch or can be downloaded HERE. Once you have completed the application, you can turn it in at any branch or the application can be mailed or faxed to:

Dannemora Federal Credit Union
ATTN: Ashton Cortright
122 New York Road
Plattsburgh, NY 12903
PHONE: (518) 825-0323 EXT. 3107
FAX: (518) 563-6551