Open a Checking Account and Skip Your Next 2 Auto Loan Payments!
As a valued auto loan member of First Federal Credit Union, we would love to add you as a checking account member as well. Our Skip-A-Pay offer rewards you for adding that new checking account. Check out how to skip 2 auto loan payments below.
How It Works
After you complete the application, open a new checking account with a $50 minimum deposit. Then have a Direct Deposit post to the account within 30 days of account opening. . As a thank you for opening your new checking account, you can skip your next scheduled 2 auto loan payments. How simple is that?
Frequently Asked Questions
FAQs about the Checking Account process.
Contact
We hope you find our application easy, but we’re happy to help if needed — give us a call at 319-693-4764.
Para hablar con uno de nuestros representantes en español por favor llámenos al 800-914-7536.
FAQs
Frequently asked questions about the Checking Account process.
Is First Federal Credit Union really going to allow me to skip two auto loan payments when I open a new checking account and set up direct deposit?
First Federal Credit Union values the relationship we have with our members and wants to be your primary banking institution. This offer of skipping two auto loan payments when you open a checking account and have a Direct Deposit post to the account within 30 days is an example of how much we value our relationship with our long-term members.
Is there a fee to apply?
There is no fee to apply.
Will I receive a debit card?
Yes, you will receive a debit card 5-7 business days after the account opening process is completed. You are able to order checks with your new checking account.
Will this affect my credit?
No. We do not perform a credit check for this promotional offer. The skip-a-payment offer is not considered a late or delinquent payment. You should have no adverse effect to your credit score.
Is my personal information secure?
First Federal Credit Union and our marketing partner take the security of your personal information seriously. Please review our privacy policy on our corporate website for details.
Do you have a branch located near me?
If you would prefer to meet with someone in person, our branch locations, hours of operation, and scheduling information are listed on our home page.
How do I apply?
- Complete the application by clicking on the OPEN ACCOUNT button below.
- To speak to a representative, call 319-693-4764 and they will be able to assist you over the phone.
- Or stop by your nearest branch and one of our representatives can assist you.
Contact
We hope you find our application easy, but we’re happy to help if needed — give us a call at 319-693-4764.
Para hablar con uno de nuestros representantes en español por favor llámenos al 800-914-7536.
Interest and payment protection fees accrue during the Skip-A-Pay period. Offer only good for one new checking account per member. Eligibility to skip your auto loan payments for 2 months, you must open a new checking account and have at least one qualifying Direct Deposit within the first 30 days of the account open date. A qualifying Direct Deposit is an Automated Clearing House (ACH) credit, which may include payroll, pension, or government payments (such as Social Security). Delayed payment(s) will get added to the end of the loan. Offer expires August 31, 2024. First Federal Credit Union. 425 First Avenue SW, Cedar Rapids, IA 52405.