Savings? That’s right! While you may be spending more this time of year to celebrate the holidays, here at SESLOC, we’re introducing new ways to help SESLOC Members Save. Whether you are just starting your financial journey, are an everyday saver, or have more to invest, there is something for everyone at SESLOC. We hope these benefits make your holidays more merry and bright and help you reach your financial goals and dreams in the coming year.
Relief from Overdraft Fees
On November 1, 2024, we have reduced or eliminated select overdraft fees. This change is part of our commitment to providing cost-effective solutions for our entire membership community. These savings are extended to all members but will have the greatest impact on those facing financial challenges, who need a break from fees to begin saving and building healthy financial habits. Check it out »
Enjoy a Boost to your Everyday Savings
As of December 1, 2024, you’re earning 3.56% APY¹* on the first $1,000 in your personal Primary Share Savings account. With this account’s “reverse-tier” rate approach, the lowest balance tier is earning dividends on the highest interest rate. That means every SESLOC member can enjoy this dividend boost. Check your deposit account statement in early January 2025 see how much you’ve earned! Learn more »
Now it’s Easier to Earn a Level Up Savings Point. Hooray!
Previously, if you had $10,000 in deposits across all of your eligible SESLOC savings accounts OR if you had a SESLOC Wealth Management Account**, you earned a Level Up Member Benefits program Savings Point.² As of December 1, 2024, we lowered the deposit balance requirement to just $5,000+. We are pleased to make this change so that you have a chance to Level Up and earn more benefits. Check Online Banking or your deposit statement to see your current status, and explore the Level Up program benefits today »
Save Big, Earn Big!
For members who have higher savings balances, we’ve got a benefit for you, too. We’re now offering tiered savings rates on select Consumer, IRA and Business share certificates. That means higher balances will earn more dividends. Check out all of our tiered certificate rates »
12-month Consumer Traditional Share Certificates.³
- 4.07% APY* – $1,000 minimum to earn
- 4.13% APY* – $50,000 minimum to earn
- 4.18% APY* – $100,000 minimum to earn
$1,000 minimum opening deposit is required.
Thanks for Believing in Us
Thank you for your ongoing support and trust in our credit union. Your loyalty inspires us to constantly improve and innovate, ensuring that our credit union remains a reliable partner in your financial journey. We will continue to tailor our offerings to meet your needs and enrich our People & Place.
*APY = Annual Percentage Yield
** Non-deposit investment products and services are offered through CUSO Financial Services, LP (“CFS”), a registered broker-dealer (Member FINRA / SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. SESLOC Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
Financial Advisors are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will be made only upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
CFS representatives do not provide tax or legal guidance. For such guidance, please consult with a qualified professional. Information shown is for general illustration purposes and does not predict or depict the performance of any investment or strategy. Past performance does not guarantee future results.
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$5 minimum opening balance for personal Primary Share Savings account, required to maintain membership. *Rate not offered on Secondary Savings accounts. Rate subject to change at any time without prior notice. See sesloc.org/savings-boost or account disclosure for details.
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The Level Up Member Benefits Program (“Program”) is automatically available to select consumer memberships. Visit sesloc.org/level-up, call us, or visit any branch for complete terms, conditions, restrictions and eligibility.
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The APY is effective as of 11/07/24, is subject to change at any time without prior notice and will be determined and fixed for the term of the 12-month share certificate at account funding. This offer is valid for Consumer Traditional and Business share certificate accounts. The offer and term are not available on IRA. Consumer Building Block or Consumer Save to Win share certificate accounts. Required minimum opening deposit of $1,000 for Consumer and Business accounts. Any withdrawals, including fees, will reduce earnings on the account. Early withdrawal penalties and additional restrictions may apply. A partial early withdrawal that would reduce the principal balance below the minimum balance required to obtain the applied tiered dividend rate at account opening will result in account closure along with early withdrawal penalties.
