We’ve Updated Our ATMs!
December 5, 2022
The convenience of contactless card access is now available to you at RCU’s 58 ATMs. Simply tap your RCU Visa® debit and credit cards on the contactless symbol next to the card insert, and enter your PIN to get cash, make deposits, view your account balance, and more.
Additional benefits of using the contactless feature include:
Reduced contact with public surfaces. The pandemic brought our attention to reducing the number of surfaces we touch while out. The contactless feature lessens touch points.
Speedy and safe. The contactless feature provides a quick and equally secure way to access your accounts.
Less wear and tear. Magnetic strips can wear out from repeated contact with payment terminals. Contactless chips won’t suffer from this problem.
RCU makes it as convenient as possible for you to get cash when and where you need it. Use our online ATM locator or click the location symbol on our mobile app to find a free ATM.
Can’t find a free ATM near you? That’s why we offer nationwide ATM access. If you need cash and aren’t near a no-fee Co-op ATM, we’ll reimburse* other ATM fees up to $10 per transaction.
*First two non-RCU ATM fees reimbursed with active checking; first four non-RCU ATM fees reimbursed with active checking and active RCU loan or credit card. Active = at least one transaction or payment in prior month. (Up to $10 per transaction. Casino/gambling and ATMs outside U.S. excluded from reimbursement.)
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.
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. Redwood Credit Union does not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.