Page 1 - Catholic Federal Fall 2017 Newsletter
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FALL 2017

           member

Use the equity in your                                                 Skip a Payment
home to reach your goals.
                                                                    We help you manage the unexpected.
• Expand, repair, upgrade, and improve your home
• Consolidate debts and bills into one easy payment                 When you have an expense you didn’t plan for, Catholic
• Pay for college or unexpected expenses                            Federal’s Skip a Payment* program lets you skip
We’ll make the application process easy, and accessing your
line of credit is as simple as a phone call, logging in to Online                              your monthly payment for a $35
Banking, using our Mobile Banking app, or just writing a check.                                processing fee on a qualifying
Plus, the interest you pay is usually tax-deductible (consult your                             CFCU loan. Interest will continue
tax advisor).                                                                                  to accrue on your loan.
                                                                                               To access this option, contact
Get started today!                                                                             the credit union or log into your
                                                                    Online Banking account at www.cathfcu.com and click
Learn more at www.cathfcu.com, stop by any                          on Services and select Skip a Payment.
branch, or call 800.798.2328 ext. 159.
                                                                    *	 Finance charges continue to accrue during the skipped period. Loans must be current
                                                                       to qualify. Please note that Mortgages, Home Equity loans, Credit Cards and Lines of
                                                                       Credit are not eligible. A $35 processing fee will be assessed for each skipped loan.
                                                                       Each loan may only be postponed twice per 12 months and 3 consecutive payments
                                                                       must be made in between requested skip a payments.

                                                                      Msgr. Forbes
                                                                      Scholarship

                                                                         Msgr. Forbes Scholarship
                                                                         applications will be available online
                                                                         at www.cathfcu.com in November 2017.
                                                                         Since 1982, the scholarship committee has
                                                                         awarded $1.9 million dollars and over 4,000
                                                                         scholarships to students who want to begin or
                                                                         continue their education.

                                                                    Heading South?

                                                                    If you are leaving the area for the winter or have
                                                                    recently moved, contact the credit union or update
                                                                    your address in Online Banking. For account
                                                                    security, statements are not forwarded
                                                                    by the post office.
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