We have a little gift for you this holiday with the Skip-A-Payment Program!
The holiday season will soon be upon us, and we’ll want to make the most of our gift giving and charitable contributions to help those in need.
For each applicable loan, and a minimum donation of $10 per qualifying loan to the Credit Union’s Ending Hunger in Maine Campaign, you are able to skip your October, November, or December loan payment(s)*. Just a couple things to note: real estate, mobile home, and/or past due loans unfortunately are not eligible for this offer. Loans with GAP insurance may only skip two payments over the life of the loan.
Since 1990, credit unions across the state of Maine have been actively raising funds to help end hunger. To date, the Credit Union Campaign for Ending Hunger has raised over $8.5 million! These collaborative efforts are necessary as Maine is ranked 12th in the nation for food insecure households. Fundraisers such as the Holiday Skip-A-Pay Program are a necessity to make sure that the following statistics are not a constant reality for food deprived Mainers and their families.
- 40% of Maine kids under the age of 12 show some evidence of hunger which equates to over 68,000 children
- Hunger and the risk of hunger are widespread among low-income families with children
- Children living in households with hunger are more likely to experience health or school-related issues
When you take advantage of the Skip-A-Payment Program, provide a minimum $10 contribution per loan, you are providing at least 20 meals to a local Maine family. When we all work together to help this worthy cause, we are closer to ending hunger in Maine.
To apply for the Holiday Skip-A-Payment Program, print this 2019 Skip-A-Payment Application, drop it by any of the three credit union locations, or call our Lending Team at 207-947-0374.
Don’t delay! This offer is good now through December 31, 2019!
*IMPORTANT TERMS AND CONDITIONS: This offer expires December 31, 2019. By participating in the Bangor Federal Skip-A-Payment Program, you request that your loan payment(s) be deferred as indicated. You agree and understand that; 1) Finance charges will continue to accrue during and after the deferred period; 2) deferring payments will result in higher total finance charges than if payments were made as originally scheduled; 3) payment deferrals will require extra payments past the original maturity date and a possible increase in the final payment; 4) any credit insurance coverage you have on this loan does not cover any deferred payment(s); 5) payments will resume the following month; 6) and there is a minimum $10 per loan contribution for each Skip-A-Payment.