Author: Team SESLOC

Welcome Mustangs

SESLOC Opens Newest Branch at Cal Poly

We’re thrilled to be back on the Cal Poly campus to welcome students starting the new academic year! Our newest branch and ATM are officially open in the Julian A. McPhee University Union (next to Starbucks) to serve the financial needs of the campus community. Our full-service branch will extend products and services available to… Read more »

Beware of Skimmers & Shimmers

Beware of Skimmers & Shimmers

You’ve probably heard about it on your local news over the last few years; criminals caught with equipment that allowed them to capture credit and debit card activity of unsuspecting consumers fueling up at the local gas station or using their cards at other outdoor accessible transaction terminals. These criminals are typically found with cash,… Read more »

Cyber Smart

Do Your Part, Be Cybersmart

October is Cybersecurity Awareness Month. In past years, you may have ignored the issue as cybersecurity might have felt like a problem for large companies or an issue for the hero to help solve in a spy movie. But the world is changing, and fast. According to the National Cyber Security Alliance (NCSA), the first… Read more »

Housing Market

Too Hot to Handle: What’s Ahead for the U.S. Housing Market?

ASK A FINANCIAL PLANNER   The U.S. housing market, already strong before the pandemic, has heated up to record levels in 2021. The Case-Shiller U.S. National Home Price Index, which measures home prices in 20 major metropolitan areas, reported a 12-month increase of 18.6% in June 2021, the largest year-over-year gain in data going back… Read more »

Softec

SESLOC Spotlight: Softec

SESLOC Spotlight highlights local organizations that make the Central Coast the best place to live. Softec is a Central Coast-based nonprofit software and technology association. Board member Bob Dumouchel explains how this organization supports local innovation by creating networking and educational opportunities: Softec Industry: Nonprofit Serving the Central Coast since: 1996 How many employees? 0… Read more »

Perfect Balance with a Credit Union

What is a Credit Union? 5 Myths Busted

Have you ever thought about joining a credit union but didn’t think you could? Well fear not – YOU CAN JOIN! If you’re anything like the average American, you know that you could be doing better than your bank. On average credit unions offer better deals and more personalized service. But misperceptions about credit unions keep many from giving them a try. Read on to learn more about why… Read more »

Pay With Points

Do More With SESLOC Rewards: Pay With Points

Pay With Points1 is a new way to use your SESLOC Rewards — allowing you to redeem your points for a statement credit to cover qualifying purchases. How Does it Work? After you enroll and make a qualifying purchase3 at a participating merchant using your HomeFREE Checking debit or SESLOC Visa Signature Rewards card, you’ll… Read more »

College Student

Positioning Your Income/Assets to Enhance Financial Aid Eligibility

ASK A FINANCIAL PLANNER   What Does it Mean to Enhance Your Financial Aid Eligibility? If you qualify for federal financial aid, there are a number of strategies you can try to implement to enhance the amount of aid your child will receive when you apply for financial aid. The idea is to lower your… Read more »

Student Financial Aid

Are There Any Assets Not Counted for Financial Aid Purposes?

ASK A FINANCIAL PLANNER Yes, assuming you are talking about federal financial aid. Under the federal government’s financial aid formula, four main types of assets are excluded from consideration when determining your child’s financial need: All retirement accounts (e.g., IRAs, 401(k)s, 403(b)s) Home equity in a primary residence Annuities Cash value life insurance These assets… Read more »

Rent Relief

CA COVID-19 Rent Relief Program: Now Covering 100% of Rent and Utilities for Income-Eligible Renters & Landlords

The State of California has increased funding for income-eligible renters and their landlords who have been impacted by COVID-19 to cover 100% of unpaid and future rent or utilities. This increase in rental assistance payments to 100% of unpaid rent will help make landlords whole and keep tenants housed. You can verify your eligibility for… Read more »