If we had 20/20 perfect vision, we might have skipped to the year 2021. Never have we seen more disruption to life on a daily basis and to how we socialize. It is the ultimate irony that in 2019 we couldn’t allow you to cover your face or head while conducting business in the branch. And now in 2020, with the order from the state of California, we are are requiring masks to be worn. We greatly appreciate your mutual consideration of others.
So much has happened in the last few months—almost every SESLOC member has been impacted from the pandemic, the swift collapse of the economy and the strain of social unrest due to inequality. The cooperative philosophy of credit unions has always supported the notion of equality for all members: one member, one vote, one voice. There are no stockholders. Our earnings are used to keep rates competitive and fees low, and to provide financial access to all.
One of the most talked about benefits of the recent CARES Act is the $1,200 stimulus payments for individuals who earned $75,000/year or less and $2,400 for married couples filing jointly that earned $150,000/year or less. This goes to everyone, whether they’ve experienced income loss or not. Here are some strategies to use your check wisely:
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March 27. This act includes economic impact payments to individuals, also known as “stimulus checks.”
Experiencing a loss in income is an extremely stressful event that will leave you feeling lost and worried about the future. But you don’t have to do it alone — there are tools and resources available to make your situation manageable as you get back on track.
This note is being written on March 25, and the one thing I know is that our situation will likely be different the day you are reading this. News and caution regarding the COVID-19 pandemic has grown and changed every day. These are unsettling times that we haven’t experienced before.
![Fun Online Tools to Teach Kids about Money [Includes Printable Downloads]](https://www.sesloc.org/wp-content/uploads/2021/11/Blog-Headers-Collection-2-7-1-1-1080x675.png)
Financial education is important, and it’s never too early to start. At SESLOC, we make learning fun with activities to help your kids learn the value of money and the importance of growing their savings. Help them develop habits now for a lifetime of financial wellness.
SESLOC has partnered with the San Luis Obispo Children’s Museum to provide “Busy Boxes” to families with kids that are home due to the school closures in response to COVID-19. The “boxes” will have crafts, science projects, and games with instructions inside them.
We’re committed to returning value to you by living the credit union philosophy of “People Helping People.”
Starting April 1, 2026, SESLOC is adding a 3-month short-term option for Business Share Certificates, which provides a reliable way to save without tying up your cash for an extended period. $1,000 minimum deposit is required to open a Business Share Certificate account.
SESLOC Technical Operations Manager Angie Macias, AAP, NCP, is recognized as a “15 Under 40” award winner by Nacha, the governing body of the United States’ ACH payments network.
Beginning February 6, 2026, all SESLOC ATMs will now offer $5 bills alongside $20 bills for withdrawal, with some offering $100 bills.
Effective January 16, 2026, the Cash Advance Fee, of 1.00% on the amount of the cash advance, for SESLOC’s consumer Visa credit cards – Visa Signature® Rewards, Visa® and Visa® Share Secured credit cards – is eliminated.