Your AutoPay account may be changed at any time by submitting a new form with the new information.
Your payment pull date can be any day from the due date of the loan to seven (7) days after the due date. For example, a loan that has a due date of the 1st may select a payment pull date ranging from the first of the month to the seventh of the month (1st through 7th).
AutoPay takes approximately 30 days to set up. Please continue to make your regular monthly payments as scheduled until First Federal Lakewood notifies you in writing that your AutoPay account is active. Funds should be in the account two (2) full days prior to your selected pull date to avoid overdrafts and insufficient funds charges. An insufficient funds charge (NSF charge) may be assessed to your loan in the event funds are not available to make the payment.
Federal regulations require us to mail a monthly paper statement, even if you are an AutoPay customer. Please be assured your payment will be processed as usual. Click here to learn more about our eStatements.