Automatic Payments

Simplify your monthly loan payment.

Set it and forget it with automatic payments.

Streamline your monthly budget by arranging auto-transfers that guarantee your loan payment is paid on time, every time. Our straightforward services offer peace of mind, ensuring you can concentrate on living your life rather than tracking payment dates.

Deduct your loan payments directly from your bank account

Build your savings without a second thought by using our automatic deduction option.

  • Log in to online banking
  • Hover over Transfers
  • Then, click on Make Transfer in the dropdown menu.
  • In the Transfer Type field, you’ll be able to set up how often the transfer happens and when. (Be sure to enter a stop date.)

You can also contact us and we’ll get you set up with Scheduled Disbursement, which establishes automatic transfers of money between your accounts so you can set it and forget it.

Contact us to get started

Set up automatic loan payments

Never miss a loan payment with our automatic payment solutions. Whether your loan is with Corda Credit Union or another financial institution, you can arrange for automatic transfers from your Corda account. You can do this a few different ways:

  • Set it up yourself via online banking:
    • Hover over Transfers
    • Click on Make Transfer in the dropdown menu
    • In the Transfer Type field, you’ll be able to set up a date you want the loan payment to occur. (Be sure to set a stop date)
  • Set up a Scheduled Disbursement
    • This is a free solution if your loan and the account the money is coming out of are both here at Corda Credit Union. Contact us to get this set up at no cost.
  • Set up an ACH Transfer
    • This is an ongoing automatic transfer of money from one financial institution to another. There is a one-time $20 fee for the set up cost. If this is something you’d like to do, please contact us and we’ll get you taken care of.
Contact us to get started