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Savings Accounts for Educators

Savings Accounts for Educators


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Savings Accounts for Educators


SESLOC Supports Central Coast educators.

As a credit union originally established by and for educators, we honor our roots in academics. That’s why we offer a dividend-earning savings account are designed especially for school employees who do not receive paychecks over the summer months.

School Employees Level Pay Account

How it works:

  1. Open this account between June 1 and October 31 and set aside funds each paycheck until summer.* 
  2. You’ll earn generous share certificate rates** with no monthly service charge.
  3. We automatically transfer funds to your checking account during non-paycheck months.
  4. The account automatically renews with your first deposit of the new school year. 

Direct Deposit is required to take advantage of this unique account that maximizes your earnings.

* Early withdrawal penalties apply to Level Pay account. Electronic deposits are required.
** Rates are variable and are subject to change without notice after the account is opened.
Open your Savings account


Join online in minutes, then you can open your Savings account at any branch.


Open an account at any branch.

You can also visit any branch or call our Contact Center at (805) 543-1816.
For additional information, see How to Join »


New to credit unions? Learn more about our philosophy and how your money stays local.


SESLOC Supports Local Classrooms

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