The question you will face is whether you can deduct these fees immediately or whether they are added to the cost basis of your home.
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Featured
Look Out for Tax Fraud Schemes
Get a head start on tax season this year by protecting yourself and your loved ones from these financially disastrous scams.
SESLOC Funds 55 Education Grants in 2023
In 2023, SESLOC funded $26,015 in Education Grants, supporting 55 Central Coast teachers. Education Grants expand curriculums and support the addition of materials and resources to engage students.
Unlock the Power of Your Credit Score in 2024
A credit score might seem like a mysterious three-digit number, but it holds significant influence over your financial life. Whether you’re applying for a loan or a credit card, renting an apartment, or even setting up utilities, your credit score plays a crucial role in the decisions that lenders, landlords, and service providers make.
Get Ahead of Your Debt
For many of us, November and December kick off a season of celebrating, family, feasting, and yes…spending. The holidays are a chance to make memories, but this can also be a time of financial stress—especially if you wait until the last minute to make plans.
How Much Money Do I Have to Put Down to Buy a House?
In the past, lenders traditionally required a down payment of at least 20% of the purchase price of a home. Today, many lenders offer loans with lower down payments. In addition, certain private and government entities have low down payment programs.
The Procrastinator’s Guide to Holiday Savings
For many of us, November and December kick off a season of celebrating, family, feasting, and yes…spending. The holidays are a chance to make memories, but this can also be a time of financial stress—especially if you wait until the last minute to make plans.
Safeguard Yourself Against Student Loan Scams
If you’re a student or graduate, it’s crucial to be aware of online scammers who target borrowers with the aim of cashing in. Here are some strategies for protecting yourself and your finances.
How to Budget During Difficult Times
Many people are seeing changes in their purchasing power with continued inflation and rising interest rates. Paying more for food, gas, utilities and a variety of other goods and services affects all of us. In addition, consumer debt has never been more costly.
SESLOC Celebrates Hispanic Heritage Month
SESLOC is celebrating Hispanic Heritage Month from September 15th to October 15th and the important contributions Hispanics and Latinos make to strengthen our community. To join in the celebration, check out some festive local celebrations planned for 2023:
Recent News
SESLOC President & CEO Announces Retirement
SESLOC Credit Union announced today that Geri LaChance will retire as President and CEO effective June 2024 after 12 years of leadership at the credit union. LaChance will be succeeded by Executive Vice President/Chief Financial Officer Mike Quamma.
2023 Year in Review
On the corner of People & Place, amazing things happen. Let’s take a look a back at what we’ve achieved together.
SESLOC Employees Cut Nearly 10,000 Miles Through Alternative Commuting
SESLOC employees cut back on nearly 10,000 miles this past quarter, saving 3.87 tons of carbon dioxide from entering our local air. Methods including like riding a bike, taking the bus or carpooling instead of driving alone, or telecommuting. Reducing our carbon...
SESLOC Employees Eliminate 690 Trips Through Alternative Commuting
SESLOC employees eliminated 690 trips, saving 3.14 tons of carbon dioxide from entering our local air, by using alternative commute methods during the third quarter of 2023. Methods including like riding a bike, taking the bus or carpooling instead of driving alone,...
SESLOC Celebrates Hispanic Heritage Month
SESLOC is celebrating Hispanic Heritage Month from September 15th to October 15th and the important contributions Hispanics and Latinos make to strengthen our community. To join in the celebration, check out some festive local celebrations planned for 2023: