Blog
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Watch Out for Fake Amazon and Apple Calls
One of the more frequent scams we’ve seen lately is fake calls from Apple and...
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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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Tips for Conserving Water and Saving Money
As you embrace water-saving techniques this summer, you should see water costs go down. Here...
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Ever Better – Remote Banking
In the past year, most of us have embraced remote banking as a more convenient...
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What to Know About Your Homeowners Policy and Fires
It’s fire season again in California. And if you live in a high-risk area, you’re...
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Summer Recreational Vehicles
Use the handy checklist below to help you choose the recreational vehicle that’s best for...
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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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Adjustable or Fixed – What’s the Best Mortgage Option?
Looking to purchase or refinance a home? We can help you choose the mortgage loan...
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Reflecting on the Positive
Throughout our 71 years of service, we’ve helped our Members and communities weather many difficult...
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Protect Yourself from Identity Theft
Nearly half of U.S. adults currently have credit card debt, according to a report If...
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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