Youth Week 2019

Now through April 19, 2019 SESLOC is celebrating International Credit Union Youth Week by offering fun activities, giveaways and more to help kids learn about the importance of saving. We’ll also waive the $5 membership fee for youth under age 18 when they open a savings account. Update: The event may have ended, but you… Read more »

Navigating the Borrower Portal

Navigating the Home Loan Borrower Portal

Applying for a home loan? SESLOC makes the process easy with our Borrower Portal, a secure online portal that allows you to close your mortgage with ease. You’ll be able to upload requested documents, check the current status of your loan and interact with your Loan Officer — all in one convenient place. If you applied… Read more »

Home Loan

How to Apply for a Mortgage Loan

Buying a home is probably life’s biggest and most stressful purchase. Between saving for the down payment and competing with other buyers, the process can feel daunting — especially for first-time buyers. That’s why SESLOC Mortgage Loan Officers work with you every step of the way, from consultation to closing. With their specialized knowledge and… Read more »

Plan for Retirement

I Think it’s Time to Start Planning for Retirement. Where Do I Begin?

ASK A FINANCIAL PLANNER To get started, you’ll need to set lifestyle goals for your retirement. At what age do you see yourself retiring, and what would you like to do? You’ll need to account for basic living expenses (food, utilities, transportation, etc.), the cost of a mortgage you may still be paying off, or… Read more »

What Makes a Credit Union Different?

What makes a credit union different? Find out:

Changes to Retirement Limits

Are There Any Changes to IRA and Retirement Plan Limits for 2020?

ASK A FINANCIAL PLANNER Many IRA and retirement plan limits are indexed for inflation each year. On November 6, 2019 the IRS (Notice 2019-59) announced the inflation-adjusted numbers for 2020. The maximum IRA contribution for 2020 is $6,000, unchanged from 2019 (the catch-up limit for those 50 and older also remains unchanged at $1,000). However,… Read more »