Security and Privacy
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Protecting Our Members: Understanding and Preventing Investment Fraud Schemes
At Redwood Credit Union, our top priority is the financial well-being and security of our members. Recently, we've seen a rise in a particularly deceptive type of scam that is a sophisticated and dangerous form of fraud that can have devastating effects on victims.
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Protect Yourself from Identity Theft
If you’ve been a victim of identity theft, you’re not alone. According to the Federal...
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Protect Yourself When Shopping Online
Shopping online is a great way to save time and money—especially during the holidays. It’s...
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7 Tips to Help College Students Avoid Identity Theft
College students are five times more likely to be a victim of identity theft than...
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Outwit Vaccine Scammers
Fraudsters will try, any way they can, to gain personal information or money from people....
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5 Resolutions for a Scam-Free New Year
Protecting your personal information is more important than ever. These five security resolutions will give...
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Social Shopping
Lately, shopping has been a challenge and many of us have increased our online ordering activity....
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Beware of Job Scams
Many people are looking for ways to make money working from home. You may see...
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Block Spam, Scams, and Robocalls
Who’s calling?! Behind most unwanted phone calls is a scheme to separate you from...
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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