Loan Payments on Digital Banking
With our new loan payment option in Digital Banking, First Commerce makes it even easier to manage your payments. That’s the POWER of YOU!
Loan Payment FAQ
- Regular
- Regular with Extra principal
- Principal only
- Interest Only
- Pay down to zero
- Pay Off
- Payment Due
- Last Statement Balance
- Regular
- Regular with extra principal
- Principal only
- Interest only
- Regular payment
- Regular payment with extra principal
- Principal only
- Interest only
- You cannot set up recurring payments to begin on the today’s date.
- You must set it up for a future due date, and it is for a fixed amount only.
- If your loan is being paid from an external account, you cannot set up recurring transactions.
- Within Digital Banking, on the left hand menu, click on Digital Activity Center (or click “Navigate to Activity Center” button on the popup)
- Approve the transaction
- Follow the instructions on the approval pages
- Enter your Security Authorization Code
- The transaction will be authorized at that time
- Select confirm
- Select the method of how you would prefer to receive your Security Authorization Code (either via phone or text)
- When you receive your Secure Secure Access Code, enter the code in to the box, and select “Verify”.
- You are trying to set it up with an external account:
- You cannot set up a recurring transaction with an external account. If you wish to do that, you must set it up through “Bill Pay”.
- You are using an internal account, but are trying to set it up on the Due Date.
- You must set your recurring transaction for future dates. If you need to make your loan payment today, make a one time payment. Upon submission, return to Loan Payments, and set up your recurring transaction for a future date.