Author: Team SESLOC

Budgeting Tool

Tackling Your Finances? Try Our Budgeting Tools

Having a budget sets the foundation for financial wellness. After all, you need to know where your money is going in order to make a plan to save more or to pay down debt faster. SESLOC makes it easy with a variety of tools to get started.  Starting a budget as a couple? Check out… Read more »

Let's Go to the Credit Union

Let’s Go to the Credit Union — Youth Coloring & Activity Book

Download Let’s Go to the Credit Union, a fun activity book filled with coloring pages, puzzles, and more! Financial education is important, and it’s never too early to start. Let’s Go to the Credit Union is an introduction to money management concepts — like saving, depositing, withdrawing, and checking your balance. Check out more fun… Read more »

Home Buying

What’s the Difference Between Pre-approved & Pre-qualified?

Buying a home? You’ve probably heard that getting pre-approved or pre-qualified for a loan is an essential step forward in the process. But what’s the difference? Pre-qualified Getting pre-qualified is a relatively quick and simple process. The lender does an initial review of your income and expenses to generate an estimate of the loan amount… Read more »

6 Ways to Use Your Stimulus Check Wisely

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… Read more »

Relief for Student Aid

Federal Student Loan Borrowers Get Expanded Relief in CARES Act

Update 1/20/21 — Student loan relief extended until September 30, 2021 Update 12/4/20 — Student loan relief extended until January 31, 2021 Update 8/8/20 — Student loan relief extended until December 31, 2020 On March 27, 2020, Congress passed the CARES Act, the largest economic stimulus bill in the history of the United States, in… Read more »

Stay on Course

Coping with Market Volatility: Continuing to Invest May Help You Stay on Course

ASK A FINANCIAL PLANNER In the current market environment, the value of your holdings may be fluctuating widely — and it’s natural to feel tentative about further investment. But regularly adding to an account that’s designed for a long-term goal may cushion the emotional impact of market swings. If losses are offset even in part… Read more »

Save to Win

SESLOC Members Save to Win!

SESLOC introduced the Save to Win certificate last November to give members a fun, unique way to develop a habit of savings. With an initial deposit as low as $25 for a year-long term, members get entered for a chance to win monthly and quarterly cash prizes every time they increase their balance by $25… Read more »

Grow Your Savings

Grow Your Savings — Youth Coloring & Activity Book

Download Grow Your Savings, a fun activity book filled with coloring pages, puzzles, and more! Financial education is important, and it’s never too early to start. Grow Your Savings is a spring themed introduction to the magic of interest. Check out more fun online tools to teach kids about money.     

Economic Impact Payments

What to Know About Your Stimulus Check

Update 5/28/20 — Eligible taxpayers expecting a check in the mail will receive a prepaid debit card instead. These stimulus payments will arrive in a plain envelope from “Money Network Cardholder Services,” and the issuing financial institution is Meta Bank. Stimulus VISA Debit Cards can be used at ATMs, for purchases, and funds can be transferred… Read more »

Supporting the Food Bank

SESLOC Federal Credit Union Stands Strong with its Members and Community in this Challenging Time

The ongoing COVID crisis is chaotic and unpredictable, leaving many feeling stressed, lost, and worried about their futures. But the crisis has also emphasized the role credit unions play in their communities— credit unions are known for their commitment to passionately serve their members during all phases of life, and especially during times of crisis…. Read more »