The credit union has historically offered two skip-a-pay programs each year: one in the summer and a second one during the winter months. Regrettably, starting this year, the summer skip-a-pay program is being discontinued. The federal regulatory agency (National Credit Union Administration), which supervises all credit unions throughout the country, mandates that no credit union can offer more than one skip-a-pay program each year. Many credit unions offer skip-a-pay programs. Unfortunately, KaiPerm has to comply with federal regulations. We apologize for this sad news.
But there is Good News …
KaiPerm will continue to offer the Holiday Skip-a-Payment program which begins November 1st and end on January 31st. Please contact Member Services with any questions. We may be reached during normal business hours Monday – Thursday 8:30am to 5:00pm, and Friday from 9:00am to 6:00pm. Our phone number is 503-813-3242.