Credit unions are more than a community-focused financial alternative to banks. For over 110 years, your friends and neighbors have turned to credit unions for fair access to share savings, checking accounts, low-interest loans, and wealth management services. Today, over 140 million Americans rely on credit unions for their everyday banking needs.
No matter where you live, credit unions play a critical role in ensuring a level playing field for everyone to achieve their financial goals. This is why the credit union difference matters to everyone – not just our dedicated member-owners.
The Credit Union Difference Delivers for Your Financial Needs
In the spectrum of America’s financial landscape, credit unions remain the best option for safe and affordable financial services for consumers and small business owners. Our cooperative, not-for-profit structure allows us to focus on serving members and communities instead of chasing profits.
SESLOC Credit Union is headquartered on Broad Street, not Wall Street. Instead of answering to shareholders demanding returns, we answer to you: Our Central California community of members, families, and businesses. In turn, we provide returns to you every day through increased dividend rates, reduced loan rates and decisions made locally by people who understand your situation and want to help you thrive. In 2017 alone, the National Association of State Credit Union Supervisors discovered credit unions returned $12 billion every year in the form of lower rates and stronger dividends. At SESLOC, we returned $1.8 million back to member-owners through SESLOC Rewards points redemptions! That’s just one of the reasons why 91% of credit union members trust their credit union.
We understand the need for loans is part of your personal finance journey. From auto loans to help you achieve mobility across the coast, to business loans for helping your dreams grow, home loans to help you get the keys to your next residence, and Instant Funds loans when you need emergency cash, credit unions stand with you to provide access to funds at all levels. This is why fair lending practices are foundational to the credit union mission.
The Credit Union Difference is Dedicated to Your Financial Wellness
Savings aren’t just found across percentages. Credit unions often have lower fees on accounts than our counterparts. To help our member-owners achieve a better relationship with their money, we reduced or eliminated overdraft fees in 2024. Please see our Consumer Fee Schedule for current fees.
Beyond the financial benefits, credit unions are here to serve members with personalized services wherever they are on their money journey. Nationwide, America’s Credit Unions reports credit unions have opened 126 net new branches through the first three quarters of 2023, while bank branches have closed. SESLOC offers six convenient branches across the Central Coast, from Paso Robles to Santa Maria, and even on the Cal Poly campus, giving you access to experts happy to help you navigate your future.
You also have access to experts away from the branch through our monthly webinars, educational articles, and free financial counseling from GreenPath Financial Wellness. No matter when you need us, we’re here for you.
The Credit Union Difference is Built Around You
The credit union difference is made possible by the loyalty of our member-owners, who trust us with their financial well-being every day. Thanks to your dedication towards people helping people, we can offer services that would otherwise be unavailable to low-income, moderate-income, and rural communities. Credit unions are an essential part of the community – and at SESLOC, we’re proud to return that value across the nine counties we serve every day.
The workers are sooo nice and friendly!!"
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