Credit cards can play an important role in your financial life but you’ll want to use them meaningfully. We’ve put together some resources to help you do just that.
Worksheet
Compare up to three credit card offers to figure out which one best serves your needs.
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Credit Cards at RCU
Check out RCU’s great credit card rates, transparent terms, and low fees—an unbeatable combination.
Learn MoreTake advantage of your SEG membership benefits by joining RCU! Open an account online at redwoodcu.org/join and then complete the SEG connect form here.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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