Stronger Together: Support Local in 2026
December 17, 2025
As we step into 2026, doing business in the communities where we live and work matters more than ever. By banking or shopping locally, you’re investing in the people and places that make our region thrive. You’re helping grow small businesses, create jobs, and build a stronger future for all. And because you’re an RCU Member, you’re already making a meaningful difference!
Keeping resources local nurtures innovation, supports your friends and neighbors, and strengthens local businesses across the eight counties we serve. The ripple effect creates opportunities and stability for everyone, and we aim to expand that impact in 2026 and beyond.
Because you bank locally with RCU, here are just a few of the advantages:
- Low fees and great rates: As a not-for-profit cooperative, we reinvest earnings into better rates, lower fees, and services that directly benefit you and your community.
- Community investment: Your money stays local, supporting businesses, helping fund community projects, and allowing us to offer financial education programs in schools and across San Francisco and the North Bay. We’ve contributed millions each year to support our communities, and this continued commitment is made possible because of your participation.
- Personalized service: Our team understands the unique financial challenges of your community, because it’s our community, too. At RCU, we continually innovate our products and services and provide personalized guidance to support your goals.
Your membership has expanded benefits beyond traditional banking. We offer insurance solutions,1 an auto dealership,2 and financial advisors to help you achieve your goals and dreams—all under one trusted roof. Plus, our top-rated digital banking ensures you can bank securely 365 days a year, 7 days a week, from anywhere in the world. In fact, at RCU, 89% of transactions are completed electronically.
And here’s something special: because you’re a Member, your family—no matter where they live—can join, too. We have Members across the globe, all united by the cooperative spirit.
But membership isn’t just about belonging—it’s about participating. Every interaction, every account, every service you choose with RCU strengthens our ability to better serve you and your community. This helps us grow in a sustainable way and reach even more Members with personalized services that make a difference in their lives.
Thank you for choosing RCU and banking locally. Your commitment has a meaningful impact and helps keep our communities vibrant and resilient.
Best regards,
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Brett Martinez
President & CEO
1Insurance products are not deposits of RCU and are not protected by NCUA. They are not an obligation of or guaranteed by RCU and may be subject to risk. Any insurance required as a condition of an extension of credit by RCU need not be purchased from RCUIS and may be purchased from an agent or an insurance company of the Member’s choice. RCUIS is a wholly owned subsidiary of RCU. Business conducted with RCUIS is separate and distinct from any business conducted with RCU. License no. 0D91054. NPN 7612227.
2RCU Auto Services is a wholly owned subsidiary of Redwood Credit Union.
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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