Investments & Wealth Management
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How to Help Maintain a High Credit Score
It’s easy to forget about your credit score this time of year, but the following tips can help you maintain or improve it throughout the holidays and beyond.
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Setting Retirement Goals and Planning for Tax Time
In general, Americans aren’t saving as much as we should. And when it comes to...
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Year-End 2020 Tax Tips
Here are some things to consider as you weigh potential tax moves before the end of the year.
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The Markets – as of Market Close November 7, 2020
Stocks fell for the second consecutive month in October as rising COVID-19 cases and related deaths shunted signs of an economic rebound.
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Seeking Sun or Savings? Explore a Retirement Move
If you're nearing retirement, there's a good chance you have thought about living somewhere else. Here are some important factors to consider before moving.
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Enjoy the Benefits of an IRA Today and in the Future
Save for retirement and catch a tax break with an individual retirement account. With the...
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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