Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Palisades FCU offers summer skip payment program
PEARL RIVER, N.Y. (8/10/10)--Palisades FCU (PFCU) announced it is again offering its “Skip-A-Pay” program, in which members can skip their summer loan payments. The program debuted in 2008. Members who have PFCU loans and are in good standing can “opt-in” to skip up to two months of their loan payments. The designated months are August and September. Members have the choice to skip both months, one month or none (PR Newswire Aug. 4). “Not only are we helping our members, but we also are helping to stimulate the still- unstable economy,” said Palisades Chief Operating Officer Sean Jelen. “By allowing members to skip loan payments, we give them the ability to spend money during a time when they might not have been able to.” The program does not charge a fee. “We wouldn’t want to reduce the impact by adding a fee in order to skip,” Jelen said. “We enjoy being able to give our members a break on their payments. They deserve it.”


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
18 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
18 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
19 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
20 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
20 hours ago