Coronavirus

What to Know About the California Golden State Stimulus II

What to Know About the California Golden State Stimulus II

On July 13, 2021, Governor Gavin Newsom officially signed the California Golden State Stimulus II into law, directing stimulus payments up to $600, plus $500 for dependents, to approximately 78% of California residents. Payments are expected to go out by direct deposit and mail to qualified residents starting in September. Qualified residents can expect to receive their payment by the method they selected to receive their tax refund.

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From Your CEO — Summer 2021

From Your CEO — Summer 2021

As we enjoy the cautious excitement of moving back to more normal operations, our ever-popular Shred Day drive-thru event happened on June 12 at the San Luis Obispo branch, and another one will pop up in the North County in the fall. We’d love to see more members choose paperless savings and loan statements so you have less to shred; electronic statements in Online Banking provide more secure recordkeeping right at your fingertips. But we’ll still offer Shred Days to help with your overall safe confidential document disposal.

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5 Ways to Revenge Spend Wisely

5 Ways to Revenge Spend Wisely

There’s a new spending trend in town, and many are calling it “revenge spend.” As the COVID-19 vaccine gains momentum and restrictions ease, people are opening their wallets to make up for lost time during the lockdown.

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Federal Student Loan Relief Scheduled to End

Federal Student Loan Relief Scheduled to End

This is a good time to check in with your loan servicer to ensure you’re on a payment plan that fits your situation. Our partners at GreenPath recommend you do this soon; when loan payments resume, the government will be activating 30 million borrowers at one time, and you may find it difficult to reach your loan servicer.

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From Your CEO — Winter 2021

From Your CEO — Winter 2021

You have probably heard the saying “fresh start for a new year.” Never have we all collectively been more excited for a new year than in 2021! In the last quarter, we surpassed a monumental milestone of $1 billion in assets. Our growth is especially significant at a time when financial institution mergers and acquisitions are prevalent; SESLOC’s growth has been achieved organically, building healthy relationships with you and our community over decades.

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What to Know About Your Second Stimulus Check

What to Know About Your Second Stimulus Check

On December 29, the Internal Revenue Service and the Treasury Department announced that they are beginning to distribute the second round of Economic Impact Payments, also known as a “stimulus check,” as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of payments earlier this year.

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The Lowdown on Credit Counseling

The Lowdown on Credit Counseling

Have you ever wondered if credit counseling might help you? Most of us have never stopped to even think about what credit counseling is until we find ourselves facing a financial roadblock. Credit counseling isn’t just for those who need to improve their financial health — it can also help you to be more proactive in maintaining your finances as well.

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