County Office of Education
Financial Wellness for Educators
Enjoy curated content compiled specifically for the employees of Redwood Credit Union’s partner employers of the North Bay. Check back often as new content is consistently being added!
Health Savings Accounts (HSAs) can be a helpful tool in regard to your health, and beyond. Click here for a variety of content to learn more!
Investing and retirement planning can seem daunting, but it doesn’t have to be. With the help of these resources and the right investment advisor you can trust, you’ll be on your way to achieving your goals in no time!
When it’s time to buy a new vehicle, there can be a lot to consider. Check out these resources to help you handle the financial side of your new ride!
With a little knowledge and forethought, credit cards can be a valuable financial tool. Use these resources to make sure you use that tool wisely.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and services available to credit union members.
Whether you’re looking to pay less in interest or simplify your monthly bills, debt consolidation can be a helpful tool. Check out some of the resources available to see if it’s right for you.
Whether you’re buying your first home or looking at buying another property, homebuying is a big deal: Click here for a variety of content to learn more!
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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