PEARL RIVER, N.Y. – Palisades FCU, in response to the recent rise in oil, gas, and food costs, yesterday said it is allowing members to skip their July and August loan payments through a "Take the summer off" loan promotion.
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All members that are in good standing can abstain from paying their next two loan payments by having only the interest accrue on their accounts.
Palisades has $150 million in assets and is the largest credit union based in Rockland County, just north of Manhattan.
