We’ve Launched a Podcast
January 24, 2022
Join Brett Martinez, Redwood Credit Union’s President & CEO, in a new podcast series where he chats with leaders from San Francisco and North Bay organizations making big impact in their communities. Learn from their expertise, immerse yourself in social impact stories, and hear what they’re doing to address community needs.
In the first episode, Brett talks with Mary Jane Burke, Marin County superintendent of schools and chief ambassador of SchoolsRule-Marin.
SchoolsRule-Marin is a longtime partner in Marin County. As an equity-centered organization, they work to assure that all students in their public schools have access to the same high-quality programs and the same opportunities for success. Every dollar donated to SchoolsRule-Marin is distributed to local school foundations to be used to support programs in their districts in the areas of art, literacy, health, and technology.
Since 2014, RCU has donated nearly $400,000 to SchoolsRule through a percentage* of debit and credit card transactions in Marin County. Click here to learn more about this very special giving program!
*RCU will donate $0.01 to SchoolsRule-Marin for every card transaction performed by RCU Members with account mailing addresses in Marin County. Program details are effective as of November 22, 2021 and are subject to change. Purchases with an RCU card are not tax deductible.
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.