Members who are paid current on all of their Personal Loans and Lending products and have not caused the credit union loss. Other restrictions may apply. Valley Credit Union has final approval on all payment deferments and reserves the right to modify the program, or any aspect of the program at any time without notice.
All applications are subject to approval and must be submitted by December 12, 2025.
Give Yourself a Break and Give Back
Skip your loan payment and help fund breakfast and snack programs for local students in your community.
Valley Credit Union's Skip a Pay holiday program can help you stretch your budget and help your community. Your request must be submitted to your branch prior to the skip payment date and is subject to approval. There is a $20 processing fee for each loan payment skipped - of which $15 will be donated to support local school breakfast and snack programs in your community.
How to request to skip a payment this holiday:
1. Start your application form
2. Talk to your branch directly
3. You may also contact us directly first at 1-866-990-4044
Holiday Skip a Pay FAQs
Apply to skip your November or December payment.
Who is eligible to participate in the Holiday Skip a Pay program?
What types of loans are eligible?
Personal loans and vehicle loans qualify. However, first or second mortgages or home equity loans are not eligible. Please speak to your branch directly for full details.
Is there a fee to skip a loan payment?
Yes, there is a $20 non-refundable processing fee to skip a payment. During this Holiday Offer, Valley Credit Union will donate $15 of the $20 application fee to the charity of choice.
If I am on Auto Pay, can I still participate?
Yes. However, automatic payments you have set-up at other financial institutions or scheduled may require additional time to be cancelled.
How does skipping a payment affect my loan?
Interest will continue to accrue on your loan during the skipped period. Your loan repayment schedule will be extended and your final loan payment amount will change due to the accrued interest. Deferring your payment will result in paying additional interest. Any creditor insurance previously purchased through us to cover the loan will expire as specified on the original enrollment form. Contact your local branch for details.
Head Office Contact Information
Main Telephone Number: 902-538-4510 or Toll Free 1-866-990-4044
Valley Credit Union Limited 5682 Hwy 1, Waterville Nova Scotia B0P 1V0
Valley Credit Union Limited (Valley CU) is a member of the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC), which at $250,000, provides the highest deposit insurance protection in Nova Scotia, Canada. Mortgage License #3000173
© Copyright 2025 Valley Credit Union Ltd. All rights reserved. Serving members in the Nova Scotia Western Zone or Annapolis Valley Region, including but not limited to Annapolis County, Kings County, and Hantsport in West Hants County.
® / ™ Trademarks are owned by, or use is authorized by, the Canadian Credit Union Association and Atlantic Central.
