Consumer Loans
Low cost personal loans are a key benefit of Credit Union membership. SESLOC offers a variety of loans with affordable rates.
You can apply in Online Banking, by phone at 805-543-1816 or at any branch.
Signature Loans
Rate drop alert! Signature Loans just got more affordable, now as low as 7.90% APR*.
Our Signature Loan is an unsecured, closed-end personal loan that can be used for many purposes, including debt consolidation, home improvement, education or a dream vacation.
- Fixed interest rate, as low as 7.90% APR*
- Terms up to 60 months
*APR = Annual Percentage Rate. APR is based on credit score. All loans subject to credit union approval.
Signature Line of Credit
This is an open-ended, unsecured line of credit that lets you continually borrow funds up to your approved credit limit. The flexibility of borrowing only when you need it great for unplanned emergencies or unexpected expenses.
Share Savings Secured Loans
This low cost loan is a good way to establish credit. Your savings account continues to earn dividends while you establish a loan repayment history.
- Loan is secured by funds in the share savings account
- Borrow the value of the savings account, less the $5 minimum balance
- Rate is 3% over the share savings rate, or 4%, whichever is greater
- Terms up to 60 months
Share Certificate Secured Loans
Secured by funds in an individual share certificate (excluding IRAs or other tax sheltered certificates), this loan continues to earn dividends while you pay it down.
- Borrow up to 100% of the share certificate value
- Rate is 3% over the certificate rate, or 4%, whichever is greater
- Terms up to 60 months or up to the remaining term of the share certificate
Computer Equipment Loans
Finance your new computer, printer, scanner, and other peripheral equipment.
- Borrow up to $5,000
- Terms up to 36 months
- Merchant invoice required
Youth Agricultural Loans
This unique loan helps young members get started on their next animal project.
- Borrow up to $1,500 for a one-year term
- Make one payment of principle and interest
- Payment due in full in 12 months or when the animal is sold
- Requires a parent as co-signer
"I’ve banked at SESLOC for at least 20 years and always received excellent service." — Nancy C.
"Professional, friendly service with a personal touch. Great alternative to big corporate banks that profess to also be “people” but don’t remind you of any person that ever cared about you in the least." — Shawn B.
"Quick and efficient! I’m always in a rush so I love that I’m able to get in and out." — Cynthia W.
"Great service and friendly people. Always there to help with financial advice and explain the details. The best place to bank and the safest place to put your money." — Kathy H.
"Very friendly and helpful staff. Low banking fees and got a great interest rate on my used car loan." — Christie M.