COVID-19 LOAN SOLUTIONS
Sky Federal Credit Union understands the major impacts that COVID-19 has created for everyone. As your trusted financial partner we strive to offer solutions for every situation, even these.
If you have been impacted financially by COVID-19 we are pleased to offer you the following solutions.
If you have been impacted financially by COVID-19 and are worried about your loan payments with Sky Federal Credit Union, we encourage you to apply for a Skip-a-Payment.
- No fee
- Skip-A-Payment advances due date and maturity date by the number of months skipped
- Skip-A-Payment not eligible on all loan products
- Interest will continue to accrue during the extension
If you have a mortgage or business loan with Sky FCU and are financially impacted by COVID-19 and need to advance your due date with a loan modification, please contact us.
- No fees
- Low interest rates based on term
- Maximum loan amount and term will be determined on case by case basis.
- First payment due 90 days from origination date of loan
- Approval subject to credit underwriting, credit history and all other supporting factors.