SESLOC Makes Emergency Loans Available After Government Shutdown

Note: The Federal Government reopened on November 12, 2025. The application period for this loan has ended.

At SESLOC, we understand that emergency situations can create overwhelming stress and uncertainty about recovery. In the Credit Union spirit of “People Helping People,” we’re launching an Emergency Loan program designed to help members affected by the 2025 U.S. Federal Government Shutdown, which began on October 1, 2025, to get back on their feet.

The program is open to all SESLOC members in good standing for at least 90 days who can demonstrate their impact from the U.S. Federal Government Shutdown, which can include a furlough notice or federal employment verification.¹ The program will be open for applications for up to 15 days after the shutdown ends.

You can apply online at any time, day or night, through Online Banking or through our Emergency Loans page. Once approved, funding will be made available quickly to manage urgent expenses.

Those who qualify can access a loan up to $5,000, at a fixed interest rate of 5.00% APR*² and a term up to 24 months². The first payment is due within 90 days after loan inception³.

Our Emergency Loan program is designed to be simple and accessible to our members and neighbors affected by the U.S. Federal Government Shutdown. To apply, visit our Emergency Loans page, visit any SESLOC branch, or call us at (805) 543-1816.

As part of our commitment to providing everyday value to our members, SESLOC also offers Instant Funds Loans and Signature Loans all year long. Signature Loans are unsecured, closed-end personal loans which can be used for what you need. Instant Loans are available to cover life’s unexpected situations, with funding in as fast as one minute after approval.

During times of emergency – such as natural disasters and other major unexpected events – SESLOC offers small-dollar, affordable Emergency Loans designed to help our members quickly, easily, and without the usual hurdles. Our Emergency Loan program is updated regularly to respond to current events affecting our communities. To learn more about available loan programs, visit our Emergency Loans page.

*APR = Annual Percentage Rate.

1: Proof of eligibility, such as federal employee furlough notice or current paystub, is required at time of application. Applications for the Government Shutdown Emergency Loan program will be accepted up to 15 business days after the shutdown ends.

2: Term and payment amount based on loan amount. APR and terms subject to change without notice. Payment Example: A $5,000 loan, at 5.00% APR for 24 months, would have an estimated monthly payment of $219.36.

3: First payment may be deferred up to 90 days of loan funding. Finance charges will accrue according to loan terms during the deferral period. Conditions and restrictions apply. All loans subject to SESLOC Credit Union approval.