Gears & Goals
Join us October 2 at our San Francisco branch.
Tune up your bike and your budget
Whether you’re commuting, cruising, or just curious, stop by our community pop-up for a free tune-up—on your bike, your finances, or both.
Swing by for:
- A quick safety focused tune-up on your bike provided by mechanics
- Free refreshments and healthy snacks
- One-on-one chats with RCU team members about your financial goals
- Opportunities to speak with San Francisco Bicycle Coalition about activities and membership
Join us at our San Francisco branch
Redwood Credit Union
1390 Market Street, San Francisco, CA
Thursday, October 2
4:00 p.m. – 6:00 p.m.
No appointment needed — just roll in!
Presented in partnership with San Francisco Bicycle Coalition.
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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