Savings Accounts
Savings Accounts
Financial health starts here.
Our savings accounts offer tiered dividends (higher balances earn higher rates) and easy access to your money.
Share Savings Account
Become a SESLOC member with a $5 non-refundable membership fee and a $5 minimum deposit into your Primary Share Savings account. Once your membership is established, you can immediately take advantage of all the benefits of Credit Union membership. Additional savings account products are below, but be sure to explore more options in our retirement section.
Share Certificates
Watch your money grow. Earn high yields on long-term funds while saving for planned purchases.
Money Market
Earn higher dividends while maintaining access to funds for new expenses or emergencies.
Open Your Savings Account Today
NOT A MEMBER?
Join and open an account online in minutes.
CURRENT MEMBERS
Open an account in Online Banking.
Save to Win and Building Block certificates may also be opened online.
You can also visit any branch or call our Contact Center at (805) 543-1816.
For additional information, see How to Join »
Change it Up
Our Change it Up savings program allows you to round up your everyday debit card purchases to make an automatic deposit into your Savings account.*
*Terms, conditions, restrictions and eligibility apply. See details.
It’s an easy, automatic way to save money.
Your Money is Safe at SESLOC
Accounts are insured to at least $250,000 by the National Credit Union Administration, a U.S. government agency.
PEOPLE ARE MORE IMPORTANT THAN PROFITS
New to credit unions? Learn more about our philosophy and how your money stays local.
PEOPLE ARE MORE IMPORTANT THAN PROFITS
New to credit unions? Learn more about our philosophy and how your money stays local.
Tips for Financial Health
From the News+ Blog
Buy Now, Pay Later: The Cost of Convenience
“Buy Now, Pay Later” (BNPL) services have become increasingly popular, offering a tempting alternative to credit cards. A 2022 report from the Consumer Financial Protection Bureau found that from 2019 to 2021, the number of BNPL loans originated in the U.S. by the five lenders it surveyed grew from 16.8 million to 180 million, highlighting how appealing these services are to consumers.
Saving Strategies: Building an Emergency Fund and Planning for Future Expenses
Saving money is essential for financial stability and preparedness. One of the first steps in saving is to build an emergency fund to cover unexpected expenses like medical bills or car repairs. Here are a few tips for building an emergency fund and planning for future expenses.
Feeling Pressured by Influencers? Here’s How to Take Control
In today’s digital age, the rise of influencers has reshaped how we perceive ourselves and our financial standing. Social media platforms and reality TV shows often portray a glamorous lifestyle that many aspire to also achieve. However, beneath the surface, there’s a subtle yet powerful pressure to keep up financially, which can lead to significant challenges.
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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.
