Taking control of your financial health starts with education.
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:
Thinking about a new or “new to you” car? Having a reliable set of wheels is a crucial part of our daily lives, but it’s also a big financial decision that will likely impact your budget for the next several years. You know you’ll need to protect your ride with car insurance, and maybe even get a AAA membership, but are you aware of these programs that give you financial peace of mind?
Now it’s time to take steps after the relief programs end. Borrowers should be ready to make student loan payments, even as policymakers discuss further extensions in the face of an increased number of borrowers becoming delinquent or defaulting on their loans. Listed here are steps to move forward as protections end:
Identity theft continues to be more than just a costly headache. Once the bad guys have your identity information they can make repeated attempts to try to access your accounts, apply for credit in your name, and even steal your tax refund. This month we’re going to dig into some lesser-known, proactive steps you can take in the new year to protect yourself from becoming the target of identity fraud.
Your Business Online Banking Account is a critical part of your operations, so it’s important to periodically review and update access controls. Here are a few tips for maintaining a secure account: 1. Update Your Password
For many years, research has shown that women in the U.S. are approved for less than men when they apply for credit products and are more likely to be denied outright. Perhaps because of this, women also put off applying for credit when compared to men, even when they need it to get on solid financial ground.
When you’re just starting out, there’s a lot to learn about your finances and it can definitely feel overwhelming — but we’re here to help. We recently sat with some local college students to talk money, and here are the answers to their questions:
With prices rapidly rising on everyday items, perhaps your savings plan has gone by the wayside. These tips will help you find more money in your budget –starting with saving at the grocery store.
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!
Happy birthday! How are you celebrating? Whether you’re going all out or keeping it low-key, your birthday is the perfect time for a financial wellness checkup. Check out these five tips:
Friday, July 30 was the first I Love My Credit Union Day, where we asked you, our loyal members to tell us what makes SESLOC so special. We are humbled! Thank you for the kind and heartwarming messages left on Facebook, Instagram and on the wall in each branch.
Preparing for back-to-school season? Experts are predicting back-to-school spending to increase this year. Did you know you can redeem your SESLOC HomeFREE Checking™ debit card and Visa Signature® Rewards card points for gift cards and merchandise to get ready for the new school year? Check out the top 10 SESLOC Rewards for back to school season.
Members are already earning SESLOC Reward points on eligible debit and credit card purchases, redeemable for gift cards, travel experiences, merchandise and more. However, Level Up, our new Member Benefits Program, celebrates all that our members do with SESLOC.
Whether you prefer Santa Maria style tri tip, classic burgers and dogs, or veggie kabobs, you can redeem your SESLOC HomeFREE Checking™ debit card and Visa Signature® Rewards card points for gift cards and merchandise to plan your next backyard get-together. Check out the top 10 SESLOC Rewards for summer BBQs.
Shopping for Father’s Day gifts? SESLOC Rewards now offers more gift cards to popular retailers! You can redeem your SESLOC HomeFREE Checking™ debit card and Visa Signature® Rewards card points for a gift card to give, or to use towards that perfect gift! Check out the top 10 SESLOC Rewards for Father’s Day.