The ongoing COVID crisis is chaotic and unpredictable, leaving many feeling stressed, lost, and worried about their futures. But the crisis has also emphasized the role credit unions play in their communities— credit unions are known for their commitment to passionately serve their members during all phases of life, and especially during times of crisis. SESLOC Credit Union has seen its membership safely through historic crises since 1942.
Starting a new chapter in your life as an independent adult? One of the most important lessons you can learn is about financial wellness. Give your future self the gift of security by hitting these five financial health goals in your 20’s:
Experiencing a loss in income is an extremely stressful event that will leave you feeling lost and worried about the future. But you don’t have to do it alone — there are tools and resources available to make your situation manageable as you get back on track.
Identity theft is the illegal use of another’s personal data, such as name, birth date and Social Security number. A casually discarded receipt, a personal document or checkbook kept in a desk drawer, mail theft, and dumpster diving are all very real threats.
Download SMART Goals & Saving, a fun activity book filled with coloring pages, puzzles, and more! Financial education is important, and it’s never too early to start. SMART Goals & Saving is an futuristic themed introduction to making goals that work. Check out more fun online tools to teach kids about money.
SESLOC provides several methods to reduce the risk of fraud. Here are some additional steps you can take to keep from becoming a victim:
Download ‘Shell’ebrate Savings, a fun activity book filled with coloring pages, puzzles, and more! Financial education is important, and it’s never too early to start. ‘Shell’ebrate Savings is an under-the-sea themed introduction to money concepts like saving and budgeting. Check out more fun online tools to teach kids about money.
![Fun Online Tools to Teach Kids about Money [Includes Printable Downloads]](https://www.sesloc.org/wp-content/uploads/2021/11/Blog-Headers-Collection-2-7-1-1-1080x675.png)
Financial education is important, and it’s never too early to start. At SESLOC, we make learning fun with activities to help your kids learn the value of money and the importance of growing their savings. Help them develop habits now for a lifetime of financial wellness.
When should you start teaching your kids about money? Early — because the skills and habits they learn now can have a tremendous impact down the road.
SESLOC has partnered with the San Luis Obispo Children’s Museum to provide “Busy Boxes” to families with kids that are home due to the school closures in response to COVID-19. The “boxes” will have crafts, science projects, and games with instructions inside them.
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.
On September 1, 2021, SESLOC supported a call to action from the Credit Union National Association, along with credit unions across the country, to alert our members of a concerning addition to the $3.5 trillion infrastructure spending bill that was proposed in Congress.
On Thursday, October 21, 2021, credit unions around the globe toasted to their members in celebration of International Credit Union Day. Credit unions like SESLOC are not-for-profit, which means we offer affordable loans, lower fees, and many free services to help our member-owners get ahead and achieve financial freedom.