Cookies
What is a Cookie?
A “Cookie” is a text file that is placed on your hard disk by a website you visit. Cookies are uniquely assigned to you and can only be read by a web server in the domain that issued the Cookie to you. Cookies cannot be used to run programs or deliver viruses to your computer, but instead are used to remember certain information in order to make the site more effective for you to use again.
To learn more about Cookies, visit www.allaboutcookies.org.
First-Party Cookie
Refers to a Cookie created by the domain of the website the user is visiting.
Third-Party Cookie
A Cookie that is placed by a domain other than that of the website the user is visiting.
HTTP Cookie
Is a small piece of data that a server sends to a user’s web browser.
Session Cookie
Is temporary, linking the actions of a user during the any given browser session. When the browser is closed, the cookie is deleted.
Device Local Storage
A type of web storage that stores data in a user’s browser.
Tracking Pixel
A 1×1 pixel image that is embedded in emails, banner ads, or other web pages.
Cookies We Collect
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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