How to Set Up Automatic Loan Payments

How to Set Up Automatic Loan Payments

Trying to go paperless? 

Want to save money on stamps?

Tired of mailing checks to us?

Set up an ACH.

Set up an Automatic Clearing House (ACH) authorization with NeighborWorks of Western Vermont and we’ll pull the amount that you want from your bank account on the date you choose each month.

Say goodbye to the days of worrying whether or not you remembered to pay your bills!

Automatic Clearing House authorization

Information you need to set up an ACH:

About your bank:

  • The name of your bank 
  • The local branch of your bank
  • The address of the local branch
  • Your bank’s routing number
  • Your bank account number

About your loan with NeighborWorks of Western Vermont:

  • Account number
  • The amount you’d like to pay each month (may exceed the loan payment – this will be applied to the principal)
  • The day you’d like the funds to be withdrawn

You’ll also be ask for a voided check.

You’ll fill out all this information on this Automatic Clearing House authorization form (click to download), and then mail it to our Loan Servicing Manager at our West Rutland office:

Jacki White

110 Marble Street

West Rutland, VT

05777

And then you’ll sit back, relax, and enjoy the stress free repayment of your loan!

For questions, concerns, or to update/change your information, please call or email our Loan Servicing Manager, Jacki White, at 802-797-8101 or [email protected]. Please allow for at least one business day for changes to your ACH.