Annual Membership Meeting and Election of Officials
Please join us for our Annual Membership Meeting and Election of Officials.
Our 2023 annual meeting will be held virtually on Thursday, April 27, 2023 at 5:30 p.m. Registration and login information will be provided closer to the event, please check back for details.
Election Information
There are 3-year terms up for election on the Board of Directors. As a Member of RCU (18 years or older), you are entitled to vote and run for these offices.
Nominations
Nominations may be made by either the Nominating Committee or by petition. All applications and petition forms must be received by 5:00pm on Friday, February 3, 2023. Forms are available through the link below, or at any RCU branch.
2023 Volunteer Official Application Packet
Call for New Business Items
Please submit proposed agenda items for the annual meeting along with your name, the last four digits of your RCU Member account number, and how we may contact you, by 5:00 PM on Friday, February 4 to:
RCUAnnualMeeting@redwoodcu.org
or
Redwood Credit Union Board of Directors, PO Box 6104, Santa Rosa, CA 95406
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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