SCCU is now accepting both *First Draw and **Second Draw Payment Protection Program loan applications. The application will be available through March 31, 2021.
Click here to learn more and apply.
*First Draw loans are for businesses who did not receive a PPP loan the first round.
**Second Draw loans are for businesses who are applying for a second PPP loan.
Thursday, January 14, 2021 at 1 p.m.
SCCU will begin accepting new PPP applications, Tuesday, January 19. We will post the link to the application on our
Paycheck Protection Program page as soon as it’s available. Please return to this site on Tuesday to begin your application.
Monday, January 11, 2021 at 1 p.m.
The Small Business Administration (SBA) has begun offering the new Paycheck Protection Program to community financial institutions only. SCCU is not a qualified community financial institution and will have access to the new PPP application once the SBA makes it available to all lenders.
Click here for more information.
Wednesday, December 30, 2020 at 11 a.m.
At this time, SCCU has posted all of the stimulus payment direct deposits we've received. We will continue to post deposits immediately upon receipt.
As a result of the stimulus announcement, SCCU is currently experiencing extremely high call volumes and intermittent Online Banking downtime. We have all our resources working to restore normal service levels, and we apologize for any inconvenience. We appreciate your patience and ask that you do not call SCCU for information because we do not have access to the
status of your stimulus checks, which are coming from the IRS.
Tuesday, December 29, 2020 at 10 p.m.
As authorized by the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (“Act”), beginning on December 30, 2020, the U.S. Department of Treasury announced it will start processing direct deposits and mailings for Economic Impact Payment (EIP) checks.
SCCU will post direct deposits of stimulus payments immediately upon receipt. If you do not see your stimulus payment, it is because SCCU has not received it. You may schedule alerts through Online Banking to be notified of deposits to your account. Please do not contact us regarding the status of your stimulus payment as we do not have that information. You should
check the IRS site.
December 28, 2020
President Trump signs Coronavirus relief bill into law.
December 23, 2020
President Trump asked Congress to amend the COVID-19 Relief bill.
December 22, 2020
Congress passes $900 billion COVID-19 relief package, including a second round of stimulus payments and Paycheck Protection Program (PPP) renewal.