Skip Your Next Loan Payment When You Open A Diamond Checking Account!

Make the most of your St. Cloud Financial Credit Union membership when you open a Diamond Checking account. These Skip-A-Pay offers are our way to show how much we appreciate you.

Added Bonus

How It Works

Skip your next loan payment* when you open a Diamond Checking account. Qualify to earn 7% APY** on balances up to $2,500 for 12 months.

BONUS: Skip an additional loan payment*** when you set up a recurring direct deposit of $1,000 or more per month.

You will receive an email confirmation after you open your new checking account and once St. Cloud Financial Credit Union verifies your eligibility and processes your skip request. Continue making your regular payment until you receive confirmation.

Frequently Asked Questions

Answers to the most common questions that you may have about these Skip-A-Pay offers, along with other important information.

Yes, after opening a Diamond Checking account and qualifying for the offer, you can skip your next loan payment.* Your name must be on both the loan and on the new checking account. Skip an additional loan payment*** when you set up a recurring direct deposit of at least $1,000 or more per month.

Note: You must continue making your regular loan payment until you receive notice that St. Cloud Financial Credit Union has confirmed your Skip-A-Pay request. See full eligibility details in the disclosures below.

No. We do not perform a credit check for this promotional offer. This skip a payment offer is not considered a late or delinquent payment. You should have no adverse effect on your credit score.

  • Complete the application by clicking the Open Account button below,
  • Call (320) 281-9241 to speak with one of our representatives, or
  • Stop by a branch and one of our representatives will be able to assist you.

No, the standard $45 Skip-A-Pay fee is waived for eligible skips earned with this offer.

Yes, providing you request one at the time of account opening, you will receive a debit card for your new Diamond Checking account within 7-10 business days.

You can easily sign up for online banking or download the mobile app anytime.

Click here to get started.

  • On your loan documents, or
  • In the welcome letter, which includes coupons with the member account number, or
  • Call (320) 252-2634, or
  • Visit a branch.

  • Either open a new SCFCU Credit Card or consumer loan OR have an existing SCFCU Credit Card or consumer loan, and
  • Elect for and receive electronic statements, and
    • At least 15 debit card transactions must post and clear each month, or
    • There must be 15 credit card transactions on the current month’s credit card billing statement, or
    • A combination of the two that equals 15
Note: Balances over $2,500 will earn lower, tiered rates. After 12 months, the APY will revert to the standard rate.

Yes. St. Cloud Financial Credit Union and our marketing partner take the security of your personal information seriously. Please review our privacy policy for details.
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Need Further Assistance?

Give us a call at (320) 281-9241 or stop by one of our convenient branch locations.

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*First Skip-A-Pay Requirements: A new Diamond Checking account must be opened with a minimum deposit of $100. The checking account must be opened in the loan holder’s name. **To earn 7.00% APY (Annual Percentage Yield) on balances up to $2,500 for 12 months, the member must: 1) Meet all Diamond Checking account qualifications, and 2) Either open a new SCFCU Credit Card or consumer loan OR have an existing SCFCU Credit Card or consumer loan. After the 12-month promotional period, the account will revert to the standard Diamond Checking APY in effect at that time. ***Second Skip-A-Pay Offer Requirements: A new Diamond Checking account must be opened. At least one qualifying direct deposit of $1,000 or more must be received within the first 60 days of account opening. Qualifying direct deposits must be payroll or government benefit payments made through the ACH network. Person-to-person transfers (including Zelle®) do not qualify as direct deposits.


General Offer Terms: Only one Skip-A-Pay offer may be redeemed per member. The standard $45 per Skip-A-Pay fee will be waived under this promotion. All SCFCU loans must be current and in good standing at the time of processing. Interest and payment protection fees will continue to accrue during the Skip-A-Pay period. The skipped payment(s) will extend the loan beyond the original maturity date. Offer not available to existing Diamond Checking account holders or members whose checking account was closed within the past 90 days or closed with a negative balance. Account opening subject to approval.


Important Payment Notice: Members must continue making scheduled loan payments until written confirmation of Skip-A-Pay approval is received. If SCFCU has established automatic loan payments, the eligible payment(s) will be deferred accordingly. If the member has set up recurring payments through online banking or bill pay services, the member is responsible for suspending those payments for the applicable month(s). Offer expires 4/24/2026. Offer subject to change or end at any time without notice.