Strengthening your finances? Consider making moves to Level Up, with our new member benefits program.¹ The more points you’ve earned, the higher of one of three levels given. Increasing benefits include select fee waivers, waived check orders, and rate discounts on new eligible consumer loans — all of which can help you save even more money and get ahead financially.
Here are 5 moves to consider:
1. Set Up Direct Deposit
Set your paycheck up for direct deposit right into your HomeFREE Checking™ account. Not only will you ensure you hit the qualifying minimum deposit for the Transacting point each month, but you also get access to your funds a day early.²
2. Work on Savings Goals
We’ve made it even easier to save for and keep track of your savings goals. Open a second (or third, or fourth…) Share Savings through Online Banking in minutes. Then, name it after your goal — such as “home down payment” or “vehicle maintenance fund.” You can also open a Save to Win 12-month Share Certificate online for a chance to win monthly and quarterly prizes. Every $25.00 in deposits gives you another entry (up to 10 per month; minimum opening deposit is $25.00).
Simply log into Online Banking and select Open Account. You can even set up recurring transfers to automatically move money into these accounts on your preferred schedule. You’ll earn a Level Up point for Saving once you have $10,000 or more in balances across all of your eligible share accounts.
3. Transfer Your Balances
Have a credit card elsewhere? You may be able to save money by transferring the balance to our low, fixed-rate Visa® Credit Card or Visa Signature® Rewards Credit Card, plus, your credit card qualifies you for the Level Up Borrowing point.
As an added bonus, purchases made with the Visa Signature Rewards credit card earn rewards points redeemable for merchandise, gift cards, gas, and more. And yes, these rewards points are combined with those earned with your HomeFREE Checking debit card, giving you more redemption power.
4. Bring Your Loans to SESLOC and You Could Save
If you have a vehicle, consumer, or mortgage loan at another institution, consider refinancing it at SESLOC. We can help save you money on your monthly payment. Having another loan with us qualifies you for the Level Up Borrowing Again point.
5. Make a Plan With a Money Coach
Are you hoping to boost your credit ahead of your next loan or tackle debt so you can focus on your savings goals? Our specially-trained Money Coaches can help you develop an action plan to meet your financial goals — free of charge. Schedule a phone call today to get started.
¹ The Level Up Member Benefits Program (“Program”) is provided by SESLOC Federal Credit Union (“Credit Union”). The Program is available to consumer memberships, for which the primary consumer member is eighteen (18) years in age or older and is a member in good standing with the Credit Union. The Program is automatically available to an eligible consumer membership. Please visit www.sesloc.org, Online Banking or any branch for the Level Up Member Benefits Program Disclosure (“Disclosure”) for more information regarding the terms and conditions of the Program. Certain restrictions and other limitations apply. By establishing or maintaining a consumer membership you are accepting the terms and conditions of the Program. If you prefer not to participate in the Program you may opt-out, see the Disclosure for more details. The Program terms, conditions and benefits may be amended at the sole discretion of the Credit Union and are subject to change without notice, except where required by law.
² Early access to direct deposit funds subject to employer and/or payer terms and conditions. SESLOC Federal Credit Union (“Credit Union”) generally makes these funds available on the day the payment file is received, which may be up to one (1) day earlier than the scheduled payment date. The Credit Union cannot guarantee early access of a direct deposit payment. Other exceptions may apply.