Get the financial relief you need
Lower your monthly payments and create a more manageable financial situation by letting RCU refinance your loans.
Overview
Free yourself from excessive loan payments and feel positive about your financial future by refinancing your loans to a monthly payment that works for your budget.
Auto loan refinance
Save money over the life of your auto loan by refinancing to a rate as low as 2.44% APR.* You can save $1,000 or more when you use RCU’s loan services.
Mortgage refinance
In as little as 30 minutes, you can meet with an RCU representative, review your mortgage situation, and get a personalized solution that fits your budget.
Visa® balance transfer
Get a lower rate, save money, and get out of debt faster when you transfer your credit card balance(s) to a new low-rate Visa without having to pay a transfer fee.**
Have a question?
At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.
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*Rates effective October 29, 2024. All rates, terms and special offers subject to change. Certain restrictions apply. Payment sample: 60 mo. term per $1,000 borrowed: $17.72 at 2.44% APR
**Rates effective October 29, 2024. All rates, terms and special offers subject to change. Certain restrictions apply. For cash advances at a non-RCU location, the greater of 2% of the advance or $20 will be charged.
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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