Consumer Loans
Consumer Loans
Ready for All of Life’s Moments
We offer a wide variety of personal loans and lines of credit¹ to fit your lifestyle. Made just for our people and this place.
Signature Loans
Our Signature Loan is an unsecured, closed-end personal loan that can be used for many purposes, including debt consolidation, home improvement, or a dream vacation. Terms are up to 60 months.²
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 4.00% APR*
- Terms up to 60 months³
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 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 7.00% APR*
- Terms up to 60 months4 or up to the remaining term of the share certificate
Affordable Rates
Fast Approvals
Local Lender
We are headquartered in San Luis Obispo, CA.
SESLOC members are eligible to apply for loans. You are eligible for SESLOC Membership if you live, work or go to school in San Luis Obispo, Santa Barbara, Monterey, Santa Cruz, Kern, Fresno, Tulare, Kings and Ventura counties in California. ITINs accepted.
Personal loans can help when you need to cover your planned and unplanned expenses.
Flexible financing starts here.
You can apply in Online Banking, by phone at 805-543-1816 or at any branch.
Youth Agricultural Loans
This unique loan helps young members get started on their next animal project.¹
- Borrow up to $2,000 for a one-year term
- Make one payment of principle and interest
- Payment due in full in 12 months or when the animal is sold5
- Requires a parent as co-signer
*APR = Annual Percentage Rate.
1. All Signature, Line of Credit and Computer loans subject to credit approval and other underwriting criteria; not every applicant will qualify. APR and terms vary based on credit worthiness, and other conditions. Rates, terms and conditions are subject to change without notice.
2. Payment Example: A $7,500 loan, at 15.95% APR for 36 months, would have an estimated monthly payment of $263.59.¹
3.Payment Example: A $5,000 loan, at 4.00% APR for 36 months, would have an estimated monthly payment of $148.19¹
4. Early withdrawal penalties may apply. Payment Example: A $3,000 loan, at 7.00% APR for 36 months, would have an estimated monthly payment of $93.17.¹
5. Payment Example: A $1,500 loan, at 5.00% APR for 12 months, would have an estimated one (1) payment on the 12th month of $1,575.21.¹ One open loan per member.
Financial Education
From the News+ Blog
Loan Payments and Transfers
Do you have a SESLOC loan or credit card, or need to move money between your accounts? Set up payments and transfers in Online Banking or the Mobile App. You can also schedule recurring transfers.
Complete Your Loan or Forms With DocuSign
DocuSign is a secure, convenient way to sign and complete your loan paperwork from the comfort of your home or on the go. After you apply for your loan online, a Loan Processor will be in contact shortly to get you started. You can also use DocuSign to manage your account — such as filing a travel notification or putting a stop payment on a check. Select the DocuSign option from our Forms page, and enter your email address. Your confirmation email will launch the DocuSign process.
Error on Your Credit Report? Learn How to Fix It
Credit report errors are shockingly common, and errors can damage your credit. If you need a loan, damaged credit means you might end up paying a higher interest rate or even get declined.
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Savings are insured to at least $250,000 and backed by the full faith and credit of the U.S. government. National Credit Union Administration, a U.S. government agency.
