Small business owner SBA loans

COVID-19: Special Business Loan and Federal Government Disaster Assistance Programs

Edited April 7, 2020 We care about our members, businesses and the communities we serve. That’s why we’re here to help. We have options for payment deferrals and access to Federal Government Disaster Assistance Programs for small businesses. We will all get through this together! Note, we too are impacted by the shelter-at-home warning and are working with fewer team… Read more »

Fraud Prevention Tips

Fraud Prevention Tips

SESLOC provides several methods to reduce the risk of fraud. Here are some additional steps you can take to keep from becoming a victim: Review credit reports annually — Errors may indicate that someone else is using your identity. Learn how to get started. Receive statements and bills electronically — Mailed documents can put you at… Read more »

From Your CEO — Spring 2020

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. For perspective, I’d like to… Read more »

Bear Markets Come and Go

Bear Markets Come and Go

ASK A FINANCIAL PLANNER The longest bull market in history lasted almost 11 years before coronavirus fears and the realities of a seriously disrupted U.S. economy brought it to an end. If you are losing sleep over volatility driven by a cascade of disheartening news, it may help to remember that the stock market is… Read more »

Youth Activity Book Shellebrate Savings

“Shell”ebrate Savings — Youth Coloring & Activity Book

Download ‘Shell’ebrate Savings, a fun activity book filled with coloring pages, puzzles, and more! Financial education is important, and it’s never too early to start. ‘Shell’ebrate Savings is an under-the-sea themed introduction to money concepts like saving and budgeting. Check out more fun online tools to teach kids about money.     

Online Educational Resources for Youth

Fun Online Tools to Teach Kids about Money [Includes Printable Downloads]

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. Check back weekly to see what’s new! For Kids:… Read more »

Teaching Kids About Money

5 Ways to Teach Your Kids Financial Health Habits

When should you start teaching your kids about money? Early — because the skills and habits they learn now can have a tremendous impact down the road. According to a Cambridge University study, children develop critical financial skills and habits by the time they turn seven. This includes understanding the principles of counting, earning, and… Read more »

Loan Support

Special Loan Assistance Programs for Members in Need due to COVID-19

We understand that the rapidly changing COVID-19 pandemic is negatively affecting our members and we want to help. For members who are experiencing difficulty making their loan payments, we have a simple and streamlined process to request to defer payments on eligible mortgage and consumer loans. Plus, we are offering low-rate emergency loans. Please visit our… Read more »

Cybersecurity

Fraud Advisory: Scammers Exploiting COVID-19 Crisis

SESLOC is committed to safeguarding the physical and financial health of our members, staff and communities. During this vulnerable time, scammers and cyber criminals may try to take advantage of your concerns related to the Coronavirus (COVID-19) pandemic. They may offer you fake products, medical advice, create fake charities, or compel you to click a… Read more »

Should I Invest or Pay Off Debt?

Should I Invest My Extra Cash or Use it to Pay Off Debt?

ASK A FINANCIAL PLANNER To answer this question, you must decide how your money can work best for you. Compare the money you might earn on other investments with the money you would pay on your debt. If you would earn less on investments than you would pay on debts, you should pay off debt…. Read more »