Select Employer Group
Join our SEG program to enhance your employees' financial wellness when they join RCU.
RCU’s Select Employer Group (SEG) program enhances your employee benefits package by providing financial benefits and financial wellness for your employees at no charge to your company.
More than 200 companies and organizations currently participate in our SEG program to offer more benefits to their employees when they join RCU.
Get started today! Enroll for free below.
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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