Tell Us Your Story
Thank you for your interest in Redwood Credit Union’s Member testimonial program. Please submit your photo and contact information here. If your photo is featured in an upcoming campaign, you’ll receive $100!
Both photos and selfies are eligible to be submitted, but please make sure you have permission from the photographer to upload a photo if you did not take it yourself. Photos can be taken on a cell phone, but should be greater than 1MB in size to ensure quality – most newer phones will meet these requirements.
Thank you for being an RCU Member!
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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