Savings Accounts for Educators
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:
- Open this account between June 1 and October 31 and set aside funds each paycheck until summer.*
- You’ll earn generous share certificate rates** with no monthly service charge.
- We automatically transfer funds to your checking account during non-paycheck months.
- 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
NOT A MEMBER?
Join online in minutes, then you can open your Savings account at any branch.
CURRENT MEMBERS
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 »
PEOPLE ARE MORE IMPORTANT THAN PROFITS
New to credit unions? Learn more about our philosophy and how your money stays local.
SESLOC Supports Local Classrooms
From the News+ Blog
Education Grants Support Learning in the 2021-2022 School Year
SESLOC Education Grants provide funding to support innovation and expand supplies at local K-12 schools. Here’s how a few teachers recently used grants to support their students’ return to the classroom:
Local Teachers Get Support With SESLOC Education Grants
SESLOC Education Grants provide funding to support innovation and expand supplies at local K-12 schools. Here’s how a few teachers recently used grants to support their students’ return to the classroom:
Education Grants Support Students’ Return to the Classroom
SESLOC Education Grants provide funding to support innovation and expand supplies at local K-12 schools. Here’s how a few teachers recently used grants to support their students’ return to the classroom:
Shawn
Dan
Mary
Jennie
Mary
Lanie
Greg
Stacey
Aja
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.