We are excited to announce that Melinda Bagby has joined SESLOC as Senior Member Business Loan Officer. In this role, Melinda is responsible for initiating new business growth and overseeing business member relationships, with a focus on Santa Maria and Northern Santa Barbara County, plus the five cities area of San Luis Obispo County.
We’ve asked our incredible staff to nominate their favorite 501-(c)(3)-designated organizations. Here are the eight groups we’ve selected for August:
Inflation continues to put pressure on household budgets. From groceries to gas, record-breaking inflation means the purchasing power of your money is decreasing each month.
We’ve asked our incredible staff to nominate their favorite 501-(c)(3)-designated organizations. Here are the eight groups we’ve selected for July:
SESLOC Education Grants provide funding to support innovation and expand supplies at local K-12 schools. Here’s how a few teachers recently used grants to support their students’ return to the classroom:
As we celebrate our 80th anniversary, we’re building a more sustainable community for the next 80 years by doing 80 local acts that have a global impact.
As we celebrate our 80th anniversary, we’re building a more sustainable community for the next 80 years by doing 80 local acts that have a global impact.
A Home Equity Loan leverages the equity you’ve built in your home to get access to funds at a lower rate than other loan types. A Home Equity Loan is a closed-end loan, meaning you get a lump sum and repay it with interest over a specified term.
With many Americans holding out hope that their student loan debt will be reduced or forgiven altogether, but also struggling to keep up with the latest news from the federal government, it’s not hard to see why scammers have been so successful. That’s why we are highlighting five ways to protect yourself from fraudsters pretending to have the power to provide you with student debt relief.
Here are seven ideas to help shape children’s attitudes and behaviors around finances. These everyday lessons provide opportunities to intentionally model good money management.
We’ve asked our incredible staff to nominate their favorite 501-(c)(3)-designated organizations. Here are the eight groups we’ve selected for March:
In October 2021, we sent out our second Member Pulse Survey, where we asked our valued SESLOC members about their local shopping and spending habits. 853 responded, revealing four key insights into local spending:
We partner with GreenPath Financial Wellness to offer unbiased, empathetic, one-on-one financial advisement to our members. GreenPath’s certified credit counselors offer free assistance with budgeting, general financial wellness, debt counseling, foreclosure prevention and support, and student loan payment. GreenPath also offers a Debt Management Program where they negotiate with creditors on behalf of members enrolled in the program to reduce interest rates and help them repay debts faster. In 2021, GreenPath’s certified counselors assisted 8 SESLOC members with a combined $161,488 in debt pay off $55,656 through the program — that’s a reduction of outstanding debt by 34% in under a year!
As we enter the new year, we’re reminded of the many GOOD things that happened in 2021. Check it out!
We’re thrilled to announce that our President and CEO, Geri LaChance, was selected by the California and Nevada Credit Union League as the 2021 California Advocate of the Year. Each year, the League honors credit unions, individuals and organizations that display extraordinary leadership in advocacy and political action.