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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Consolidated Appropriations Act Provides Relief to Individuals and Businesses

Consolidated Appropriations Act Provides Relief to Individuals and Businesses

On Sunday, December 27, 2020, the Consolidated Appropriations Act, 2021 (CAA 2021) was signed into law. A $900 billion emergency relief package is included as part of this omnibus spending bill. It is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here, as well as some additional tax provisions.

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