What's New!

Skip A Paymentι New Numbers at Downtown Office
Auto Promotionι Important Information About the Hassle-Free Loan






Skip A Payment

*HASSLE-FREE, (PROMO, BACK TO SCHOOL & CHRISTMAS

LOANS), MORTGAGE, HELOC, SHARE & CERTIFICATE

SECURED AND LINES OF CREDIT ARE NOT ELIGIBLE FOR

THE SKIP-A-PAYMENT PROGRAM*
See Jeff, Dawn, and Sonya

at Sycamore View or Angie, and Donna Downtown to get

started!

For the member to qualify:

  • Must be a Credit Union member for 1 year prior to request
  • Cannot have a negative balance in any share or draft account that they are primary or joint on


The loan(s) that the member is applying for the skip must meet the following criteria:

  • Has been open for 6 months
  • Is NOT past due
  • Is not in an active bankruptcy
  • There have been 6 full monthly payments and 6 months between Skip A Payment requests.
  • Has not had more than 3 Skip A Pays in the past 12 months.

There is a $35.00 processing fee per loan that is due immediately upon

qualification of the skip a payment program.


INTEREST WILL CONTINUE TO ACCUMULATE ON YOUR LOAN DURING THE MONTH(S) YOU SKIP YOUR PAYMENT. PAYMENTS MADE THROUGH PAYROLL DEDUCTION OR AUTOMATIC TRANSFER WILL BE PUT INTO YOUR SAVINGS/CHECKING ACCOUNT DURING THE MONTH(S) THAT YOU SKIP. YOU CAN NOT HAVE HAD AN EXTENSION OR SKIP A PAYMENT DONE IN THE LAST 6 MONTHS. IF YOU ARE SKIPPING MULTIPLE LOANS, YOU MUST PAY THE PROCESSING FEE FOR EACH LOAN THAT A PAYMENT IS BEING SKIPPED. SKIP A PAYMENT PROGRAM CANNOT BE USED ON PARTIAL MONTHS.



The Number for the Downtown Office Has Changed

The new phone number for the Downtown office has changed to 901-222-1900. The number for the automated system (round-the-cloc) has changed to 901-222-1921. The fax number for the Downtown Office has changed to 901-222-1918.

The numbers at the Sycamore View location have NOT changed.



Auto Promotion

OUR RATES ARE FALLING THIS WINTER

Now through February 29, 2012 the Shelby County Federal Credit Union is Offering 2.5% on new auto loans

and 3.5% on used auto loans.


  • Minimum amount financed for new auto is $20,000.
  • Minimum amount financed for used auto is $15,000.
  • Minimum loan term of 48 months.
  • Loan Subject to credit union loan policies.


  • Call or visit the credit union for details. 901-222-1900 or 901-377-8929.





    Important Information About the Hassle-Free Loan

    The Hassle Free Loan is no longer available for 2011 due to all loan officer appointments being booked.

    The loan will be available again in March 2012. We will start taking applications for March Hassle-Free

    loans during the week of February 20, 2012.

    Thank you for your continued support of your local credit union.




     
    back to top


    ©Copyright 2011
    Shelby County Federal Credit Union
    All rights reserved.

    Site Created by: VolCorp Design
    what's new ι about us ι join ι services ι loans
    rates ι links ι contact us ι feedback

    Read our Privacy Policy
    About External Links on this site
    For questions or comments, please contact us:

    Main Office: (901) 222-1900
    Sycamore View: (901) 377-8929

    Supervisory Committee:
    P.O. Box 34429, Memphis, TN 38184
    NCUA Insured Your Savings Federally insured to at least $250,000
    and backed by the full faith and credit of the United
    States Government. National Credit Union
    Administration, a U.S. Govt. Agency.
    Equal Housing Lender
    We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.