woman using mobile phone

Skip-A-Pay

Free up some funds.

Whether it’s during the summer to free up some vacation funds or during the holidays to buy some epic gifts, Skip-A-Pay is just a click away.



Did you know that you may be eligible to skip a loan payment two times during the duration of your loan¹? Whether it’s during the summer to free up some vacation funds or during the holidays to buy some epic gifts, Skip-A-Pay is just a click away.

Please note: this member benefit is available at the discretion of the credit union based on account and member standing. Other qualifications and restrictions may apply.

sticky header-offset


sticky header-offset
























































Skip-A-Pay FAQs

Skip-A-Pay is a benefit available to members who have auto loans, recreational vehicle loans, or personal loans in good standing. You may be eligible to skip a loan payment, even if you’ve already done so this year¹.
How to Skip-A-Pay in online banking:
  1. Log in to online banking
  2. On the left side of the screen, select Skip Payment
  3. If the loan is eligible, you will be able to select what loan payment you would like to skip by clicking Next
  4. Select the account you would like the Skip-A-Pay fee to be withdrawn from
  5. Review the terms and conditions, then click Agree to continue
  6. The next screen will recap all of your choices, then you can click Done to return to online banking

How to Skip-A-Pay in mobile banking:
  1. Log in to mobile banking
  2. In the top left corner, click the 3 lines to drop down the menu
  3. Select Skip Payment
  4. If the loan is eligible, you will be able to select what loan payment you would like to skip by clicking Next
  5. Select the account you would like the Skip-A-Pay fee to be withdrawn from
  6. Review the terms and conditions, then click Agree to continue
  7. The next screen will recap all of your choices, then you can click Done to return to mobile banking
To check if you are eligible for Skip-A-Pay, start a secure a secure conversation with one of our team members or call us at (800) 777-6728. 












1: Loans are eligible for Skip-A-Pay after three (3) months of payment history. No more than two (2) Skip-A-Pays allowed per calendar year, per loan and must be at least (3) three months apart. Loan(s) must be current and all Cornerstone accounts in good standing to apply for Skip-A-Pay. By choosing to skip a payment, you request that Cornerstone defer your loan payment for one month. Your regular payment will resume the following month on your scheduled payment date. You agree and understand that each skipped individual loan payment is assessed a fee as specified by our current Service Charges. Fees are based on the dollar amount of payment being skipped and are automatically withdrawn from your account once the skip is approved and processed. If funds are not available in your Cornerstone account, you must contact a Cornerstone representative to complete this request. Individual application fees do apply when skipping multiple loan payments. Home equity loans, lines of credit, collection loans, and credit cards are not eligible to be skipped. Finance charges continue to accrue at the rate provided in your original loan agreement, during and after deferment. Deferring your payment will result in having to pay higher total finance charges than if you made your payments as originally scheduled; will extend the term of your loan; and you will have to make extra payment(s) after your loan(s) would otherwise be paid off. If you're requesting to skip a payment funded by an EFT/ACH or Transfer, you MUST contact Cornerstone or your institution to cancel that month's transfer. A Skip-A-Pay will not cancel your scheduled payment transfer. If you previously elected credit life and/or disability insurance, the insurance coverage will not be extended beyond the original maturity date. Additionally, skipping a payment may impact GAP coverage. Please review your GAP agreement or contact us for details on how a skipped payment may affect your coverage. All deferrals are subject to Cornerstone approval and additional restrictions and adjustments may apply.