International Credit Union Day™ – Celebrating 75 Years
September 3, 2023
Celebrate International Credit Union (ICU) Day™ with us on October 19! This day highlights the positive impact of credit unions on communities and the people living in them. This year’s theme, “Celebrating 75 Years,” acknowledges the enduring history of credit unions in delivering exceptional service and fostering financial success in partnership with Members.
To celebrate ICU Day, RCU will donate 25 cents* to select local nonprofits when you use your RCU Visa® credit or debit card on October 19.
RCU is all about helping Members, team members, and communities achieve their financial goals. And that commitment means you get the highest quality service and the best possible experience.
We encourage you to take advantage of all we have to offer on your financial journey, and rest assured, we’re always here for you.
*RCU will donate $0.25 to local nonprofits in Sonoma, Napa, Marin, Lake, Mendocino, and San Francisco counties for each card transaction performed by RCU Members. Program details are effective 10/19/2023. Purchases with an RCU card are not tax deductible. Visa debit and credit card purchases only. ATM transactions, merchandise returns, and cash advances area excluded. Federally insured by NCUA.
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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