Financial Cooperative
Well, basically, we're owned by you, our members. We pay our profits right back to you with lower loan rates, lesser fees, etc. We're most effective at serving our membership when our membership uses us and our services.
Skip-A-Pay
Skip-A-Pay... Just another perk of being a credit union member. There are times of the year when you could really use some extra cash like vacation, back to school, or the holidays. That's why we offer the Skip-A-Pay program.
As long as your account is in good standing you can pick two nonconsecutive months each calendar year to skip your personal loan or car payment. A $40 fee applies. A portion of the Skip-A-Pay fee goes to support local charities.
Of course there are some other rules:
- Interest will continue to accumulate on your loan during the month you skip your payment
- The first payment you can skip is your second payment
- You can't skip two payments in a row
- All accounts must be in good standing with no delinquent or overdrawn balance. Your account must be current as of the last business day of the month prior to when you want to skip.
- If it's before the 20th of the month, you can skip next month's payment(s). For example, submit your form to us by May 20 to skip your June payment or by November 20 to skip your December payment.
- Payment notices will still be sent out if you receive payment notices.
- Form and Fees are due by the 20th of the month prior to when you want to skip.
If you have questions, you can call us, chat with us, or stop in and talk to a Member Advocate. If you're ready to go you can fill out the form below to get the process started.
Are you paying your fee/donation from an account outside of Earthmover?
Download the Skip A Pay Form, fill it out, and bring it back to us with your payment.
By clicking Skip My Payment, you authorize Decatur Earthmover Credit Union to extend your final loan payment(s) by one month. Interest will continue to accumulate on your loan(s) during the month you skip your payment(s). A skipped payment may reduce any GAP insurance claim on an insured vehicle loan. If a loan is currently paid by CUNA disability payments, it is not eligible for Skip-A-Pay. Your regularly scheduled loan payment(s) will resume the month after your skipped payment. Single-payment loans, student loans, balloon notes, loans paid by disability insurance and real estate secured loans are not eligible for this promotion.
