Biweekly AutoPay

What It Is

Biweekly AutoPay will automatically draft a half-payment from your account every 2 weeks (14 days).

  • There will be 26 withdrawals a year.
  • There will be 2 months during the year when a 3rd half-payment will be drafted and posted to the account, as a principal payment.
  • The 2 extra half-payments will help reduce the overall interest you pay on the loan and accelerate the payoff.
    Note: There are no fees for using Biweekly AutoPay.

Eligibility

  • Account must not be enrolled in Monthly AutoPay. (You can change your AutoPay frequency here.)
  • Account must be paid 1 month in advance. (The 2 withdrawals made each month will be applied as the next month’s payment.)

Setting Up

Setting up AutoPay—Biweekly or Monthly—is quick, easy, and free. You can also set up AutoPay by completing and returning one of these forms: