It's Your Choice ...

Skip Your December, January or February Loan Payment

The holidays are approaching and you know what that means – extra spending! Whether it’s for gifts, travel or other holiday activities, the money you spend – in addition to your normal expenses – can put a strain on your finances.

That’s why Cortland Banks is pleased to extend to you some special holiday cheer – the option to skip either your December, January or February installment loan payment.**

It's as easy as 1,2,3 ...


1. Contact your loan officer to see if your loan qualifies.

2. If you qualify, simply indicate on the certificate below, which month you want to skip Dec., Jan. or Feb.

3. Be sure to bring it into your local Cortland Banks branch at least ten days prior to the due date of the payment you’re deferring, along with a $50 check. Or if it is more convenient for you, just mail your certificate and check. Please send it to the attention of our Loan Service Department (330.637.8040 x4995).

Use the extra cash for anything you need. Finish your holiday shopping. Prepare your home for the arrival of family and friends, or purchase a great gift for someone special – or just treat yourself! Whatever you choose, enjoy this opportunity with our compliments and very best wishes for a happy holiday season.



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If the loan is in more than one name, all signatures are required. Participation is subject to meeting program specifications.
**Depending your loan type: By participating in this program, either a.) interest will continue to accrue on your loan, prolonging your loan by one month or b.) interest will continue to accrue on your loan and your final payment will be more than usual. We recommend you put the payment coupon for the month you skip in the back of your payment book as a reminder. Participation is subject to meeting program qualifications. Participants may only skip one payment month: December, January or February. Please contact your loan officer for further details.
*Should you choose to automatically deduct the $50 from your savings account: Federal regulations limit the number of certain types of transactions from interest bearing accounts. You are limited to six preauthorized electronically funded transactions, including online transactions, per month. Each transaction through the Skip-A-Loan-Payment program from your Savings or Money Market account is counted as one of the transactions you are permitted each month from that account.
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