The Power of Optimism
June 23, 2021
which to view our surroundings, habits, and behaviors, and the opportunity to make changes. For example, we heard from many Members who tried our online and mobile services—in some cases for the first time—and were surprised and delighted
at how much time they saved by not having to come to a branch.
Now is a great time to reflect on all the things you started (or stopped) doing out of necessity over the past 14 months, and consider the positive outcomes of the changes you made. Did you spend more time with family? Learn a new skill? Maybe save a
little more money? Focusing on the positive fuels optimism, which can be a catalyst for healing. Optimism is the belief that the future can be better, and we all have the capacity to be optimistic.
Licensed psychotherapist Mary O’Neil, who partnered with us for our webinar on Self-Care and Stress Management, recently presented to our team and offered these 5 tips for cultivating
optimism:
- Acknowledge positive lessons learned.
- Brainstorm positive emotions.
- Challenge and change your thinking.
- Envision a bright future.
- Find joy every day.
How we look at things, how we think, how we feel, are all important factors in shaping the life we want to create. We can determine the future we want by the choices we make today. At RCU, we encourage our team to focus on the future and how we can make
it better for our Members, our communities, and each other. And we believe the future looks bright.
Thank you for your continued support and partnership. We’re honored to serve you.
Best regards,
Brett Martinez
President & CEO
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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