LOAN PAYMENT OPTIONS:

Why worry about how to make your payments when there are so many options you have as a member of North Iowa Community Credit Union. Below is an overview of our payment method(s) offered at NICCU. Payment Options:

• Online Loan Payments (other financial)
• Transfer- Scheduled or One-Time (NICCU account)
• Automatic Payments (other financial)
• In Person Payment
• Check by Phone or Debit by Phone
• Mail in Check.

Online Loan Payments (from other financial):

We have partnered with Allied Payment to provide Portal Pay to securely process online payments to your NICCU Loan. This service is offered specifically to accommodate members who need to make a loan payment from another financial institution.

• • Use your Routing and Account Number at your other financial institution to make a payment.
    • You must enter your Member Number – (dash) Loan Number (Ex. 12345-67).
    • Complete required fields and select “Bank Account” under “Payment Information Type.”
    • No fee will be charged using this method.
  • Use your Debit Card from another financial institution to make a payment.
    • You must enter your Member Number – (dash) Loan Number (Ex. 12345-67).
    • Complete required fields and select “Debit Card” under “Payment Information Type.”
    • A $5.00 convenience fee will be charged for using your debit card to make a loan payment online. This is a non-refundable fee.
  • For both payment methods:
    • Please retain a copy of the supplied receipt page or email as proof your transaction has been approved.
    • This method of payment is not intended for paying your loan balance in full or for making payments larger than $1,500.
    • Payments submitted before 5:00 PM CST will be posted the next business day. Payments submitted after 5:00 PM CST will be posted in 2 business days.
    • Payments by credit cards are not allowed and payments to your NICCU credit card are not available through this method of payment.
    • For your ease and security, this system does not save your member or loan information and must be entered each time you make a loan payment. Multiple loan payments may not be combined into one transaction; each loan must be identified individually through your member number-loan number.

Transfer:

You may establish a scheduled recurring or one time transfer from your NICCU account to your NICCU loan.

• You can also schedule transfers yourself by logging in to your Online Banking to set up your automatic payment. Click on the transfers tab, then click scheduled transfers button.
• Or you can call one of our branches and we can set this up for you.
• There is no fee for this service.

Automatic Payments-ACH Drafts:

• Set up automatic payments by filling out an ONLINE FORM or Printable Automatic Payment Authorization Form and returning at least 7 days prior to your next scheduled payment. You may also stop by either branch to complete this form.
  • You will need to have the routing and account number for the drafting Financial Institution, once this has been signed and accepted, your ACH Draft will pull on the date setup.
  • Cancellation is required with this payment method. ONLINE Cancellation form or Printable Cancellation form can be mailed, or signed in person.

In Person:

You can always come into the branch and make your payment in person, drop into the drop-box available or use one of our drive thru lanes offered at each branch.

• You can use the payment coupons to make payments. Coupons are available upon for request, please contact the credit union to request coupons.
• Locations

Check/Debit Card by Phone:

You can make a one-time payment via phone with a check or debit card.

• You can call (888) 424/2281, or one of our branches (Main: 641-424-2281 or West: 641-423-2281) and we can process a check or debit card over the phone. This processes the payment as a cash advance on your card or account. Fees may be charged by your financial.
• Please notice: After August 15, 2019, there will be a $10 convenience fee for this service.

Mail:

You may mail in a check or money order, attached with your payment coupon (available upon request) to:

North Iowa Community Credit Union
640 S. Federal Ave
Mason City, IA 50401