Create a financial plan
Find peace of mind knowing you're on the right track.
Getting a handle on your income and expenses and how they relate to your goals can help you create a financial plan that lets you achieve your dreams. Here are some tips and tools to customize that plan.
Featured articles
Check out our featured articles or explore additional resources below.
Ways to financially plan
Achieve your financial goals
Explore our other financial education topics to learn more.
Ready to start planning?
Choose from a variety of savings account options to find the one that best fits your needs.
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.