Digital banking enables you to make principal only payments to your loans. You can send a one-time payment or schedule recurring payments on the date of your choice.
Mobile App | Desktop |
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To set up a transfer, click on the "Transfer" menu option. Choose a loan account to transfer to, and enter an amount. Select "More Options" and change the "Type" to "Principal." Then initiate your transfer. |
To set up a transfer, click on the "Transfer" menu option.
Choose a loan account to transfer to and enter an amount. Select "More Options" and change the "Type" to "Principal." Then initiate your transfer.
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Note: The principal only payment option is not available if your monthly payment is past due.
Rosedale Federal Digital Banking How-To:
- Quick Guide to Digital Banking
- Common Digital Banking Questions
- Two Factor Authentication (2FA) Enrollment
- Payments (Bill Pay)
- Person to Person Payments
- Mobile Deposit
- Mobile Deposit Frequently Asked Questions
- Customize Your Mobile App Dashboard
- Create Customized Account Alerts
- Send Secure Messages
- Make One-Time or Recurring Transfers
- Make External Transfers
- Make Online Loan Payments
- Keep Track of Your Accounts with Other Financial Institutions
- Profile Maintenance
- Make Principal Only Payments
- Enroll for e-Statements & eNotices
- Stop Payments
- Special Character User IDs & Passwords
- Connect With Quicken or QuickBooks