Pay My Loan
Free Payment Options
- Transfer funds using Cyprus Home Banking:
- Transfer funds from an existing Cyprus savings or checking account using the transaction tab in Home Banking. Sign up for Home Banking here.
- Set up an external transfer from another financial institution to a Cyprus account. In Home Banking, go to the transaction tab and select “add an external account.” You can then transfer from your checking or savings account into your loan account.
- Mobile App: Use our Mobile Banking App (available for iOS and Android) to deposit a check from any financial institution into your Cyprus savings or checking account. Then, transfer these funds to pay your loan.
- Set up Automatic ACH: Complete and sign the ACH Origination Authorization Form.
- Payroll deduction: You may have your employer automatically forward your payments. Obtain the form from your employer to complete.
- Use Bill Pay from your current financial institution.
- Call the Cyprus Contact Center at (801) 260-7600 ext. 5000: Have funds transferred from your Cyprus savings or checking account.
- Bring your payment to any of our branch locations.
Payment Options with a Fee
Quickly and securely make your loan payments using funds from another financial institution. A convenience fee of $4.00 will apply and you must have a valid email address. This service charge only applies when making a payment from an external financial institution. Avoid this fee by using one of the easy and free methods outlined above.
Frequently Asked Questions
What is an ACH origination form?
This form authorizes Cyprus Credit Union to pull from another financial institution and make automatic payments on a Cyprus loan.
Can I pay towards a loan I’m not on?
Yes, anyone can set up autopay to make payments on a Cyprus loan. However, you must be an owner of the bank account you're authorizing Cyprus to withdraw funds from, and you’ll need to sign to give permission.
What if I don’t know my other financial institution account or routing number?
What if I don’t know my Cyprus account information?
- You can obtain this information by enrolling in Home Banking or visiting your nearest branch.
How do I cancel my automatic payments?
- We are happy to help you cancel automatic payments. Contact Cyprus by calling 801-260-7600 opt. 4, starting a chat, or in person at any of our branch locations.
How do I adjust my automatic payments?
If you need to change account information, amount, frequency, or pause payments, we advise that you contact Cyprus first by calling 801-260-7600 opt. 4, starting a chat, or visiting any of our branch locations. We can cancel the existing autopay before you sign a new authorization.
What are the different payment frequency options available?
- Monthly – Your payment will be withdrawn on a specific date each month (e.g., the 15th).
- Semi-Monthly – Payments will be withdrawn twice per month on the dates of your choosing (e.g., the 1st and the 15th).
- Bi-Weekly – Payments will be withdrawn every other week on a specific day of the week (e.g., every other Thursday).
- Weekly – Payments will be withdrawn once per week on a designated day (e.g., every Friday).