Colony Bank Online Banking User Guide

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Transfers Loan Payments (Desktop)

Easily make payments to your loans using the loan payment feature.

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In the Transfer & Pay tab, click Transfers . 1. Select an account to send funds from. 2. Select a loan to send funds to. 3. Use the drop-down to select a payment type.

• Select “Regular Payment” to pay the standard amount. The regular payment amount and next due date will also display when this option is selected. • Select “Online Principal Only Transfer” to make a payment toward the principal only. • Select the “Additional P&I” to to make a payment toward the principal and interest.

4. If necessary, enter an amount.

Transfers: Loan Payments (Desktop)