Author: Team SESLOC

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… Read more »

Student Loans

Federal Student Loan Interest Rates Set to Increase for 2021-2022

ASK A FINANCIAL PLANNER After two years of decreases, interest rates on federal student loans are set to increase almost a full percentage point for the 2021-2022 school year.1 The interest rates on federal student loans are reset each year after the May auction of the 10-year Treasury note. The rates apply to new federal student… Read more »

PRYAC

SESLOC Spotlight: Paso Robles Youth Arts Center

SESLOC Spotlight highlights local organizations that make the Central Coast the best place to live. The Paso Robles Youth Arts Center provides a unique creative outlet in our community, offering free hands-on afterschool classes on topics ranging from dance to STEAM. Emily Jagger, Development Director & Interim Executive Director, explains how the Center fosters creative… Read more »

Summer Backyard BBQ

10 SESLOC Rewards for Your Summer BBQ

Whether you prefer Santa Maria style tri tip, classic burgers and dogs, or veggie kabobs, you can redeem your SESLOC HomeFREE Checking™ debit card and Visa Signature® Rewards card points for gift cards and merchandise to plan your next backyard get-together. Check out the top 10 SESLOC Rewards for summer BBQs. Not registered? Head over… Read more »

Retirement

How Are Workers Preparing for Retirement?

ASK A FINANCIAL PLANNER In general, workers seem to begin preparing for retirement almost as soon as they get their first job. However, according to the 2021 Retirement Confidence Survey by the Employee Benefit Research Institute (EBRI), retirement preparations do vary a bit by age group. Retirement Preparation Nearly three-quarters (72%) of workers say that… Read more »

Scams

Scams: What’s Old is New Again

It happened in the midst of the lockdown. Dan and his family were unable to visit their aging mother due to COVID-19 concerns. While being isolated from her family and friends, Dan’s mother received a phone call. An unknown person convinced her to go to the nearest Dollar General store and purchase $2,000 in gift… Read more »

SESLOC Spotlight SLOCM

SESLOC Spotlight: SLO Children’s Museum

SESLOC Spotlight highlights local organizations that make the Central Coast the best place to live. The San Luis Obispo Children’s Museum supports growing minds with hands-on activities for kids to learn by doing — and by providing resources and programs for at-home learning. Michelle Jenkins, Executive Director, explains how the nonprofit museum guides learning through… Read more »

Debt

Get Smart About Debt: 7 Tips to Help You Get Out of Debt NOW

If you are dealing with debt, you aren’t alone. The average American household has an average balance of about $6,600 in credit card debt, and that’s not taking into account home, auto, and student loans. Paying off your debt isn’t always easy, but having a plan can go a long way in achieving your financial goals. Check… Read more »

Federal Student Loans

Federal Student Loans FAQ

ASK A FINANCIAL PLANNER   What Are Federal Student Loans? Federal student loans are loans established by the federal government and provided to students for college and graduate school. Who Can Get a Federal Student Loan? There are eligibility requirements for federal student loans. If you have any questions about eligibility, contact the financial aid… Read more »

Recent Grads

SESLOC Resources for Recent Grads

Whether you’re moving on to higher education or launching your career, SESLOC offers financial resources to help you along your journey: The Credit Union Difference While many banks offer free student checking to young adults, the minute you age out of the account you may be subject to fees and account balance minimums. Your SESLOC… Read more »