-
1
Apply online
It takes just minutes. If you aren’t already a Member, have your Social Security number and driver’s license or ID card handy.
-
2
Deposit money
Move money into your new account so you can start using it.
-
3
Manage your money online
Easily manage your money with online and mobile banking.
-
1
Apply online
Complete an application to begin the loan process.
-
2
Work with your loan officer
Your loan officer will guide you through the mortgage process.
-
3
Use your mortgage loan
Get approved and use the loan funds to purchase your new home.
-
1
Apply online
Complete an application to begin the loan process.
-
2
Work with your loan officer
Your loan officer will guide you through the mortgage process.
-
3
Use your mortgage loan
Get approved and use the loan funds to purchase your new home.
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.
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. Redwood Credit Union does not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.