Savings Accounts
Savings Accounts
Financial health starts here.
Whether you are saving for an emergency fund, college fund or your next adventure, we offer many ways to help SESLOC Members Save. It’s your money, your goals—and we’re here to help you reach them. Browse your options below and start saving today.
Beginning December 1, 2024
Enjoy a Boost to Your Savings.
Good news! This holiday season, we’re introducing a boost to your earning potential. As of December 1, 2024, your Primary Share Savings account is now using a “reverse-tier savings” approach. That means we are offering the highest interest rate on the lowest average daily balance tier.
At SESLOC, we understand that every dollar counts, and our goal is to ensure that you have the products you need to make the most of your hard-earned money. This new reverse-tier savings approach is a benefit for all personal memberships—that means you! Whether you’re an everyday saver, need to build an emergency fund, have a growing family, or just saving for a rainy day, we are pleased to offer this exciting new benefit.
The best part? There is nothing for you to do in order to earn this boost in dividends with this account. It’s our gift to you this holiday season, and another way we say “thanks” for being a loyal member. Be sure to check your December 2024 month-end statement in early January 2025 to see how much you’ve earned.
Today’s Rate
3.56% APY*
on the first $1,000 in a Primary Share Savings account.¹
Share Savings Accounts
Primary Share Savings
Become a SESLOC member with a $5 non-refundable membership fee and a $5 minimum deposit into your Primary Share Savings account. Once your membership is established, you can immediately take advantage of all the benefits of Credit Union membership. We’re now offering more dividends on the first tier of deposit balances in this account, so take advantage of this generous member benefit and bring your deposits to SESLOC today!
Secondary Share Savings
Need another personal savings account to help organize your deposits? You can open this account quickly in Online Banking or at any branch.
Share Certificates
Watch your money grow. Earn high yields on long-term funds while saving for planned purchases. Plus, we’re now offering a tiered rate structure on select certificates, so you earn more on higher balances.
Money Market
Earn higher dividends while maintaining access to funds for new expenses or emergencies.
Open Your Savings Account Today
NOT A MEMBER?
Join and open an account online in minutes.
CURRENT MEMBERS
Open an account in Online Banking.
Save to Win and Building Block certificates may also be opened online.
You can also visit any branch or call our Contact Center at (805) 543-1816.
For additional information, see How to Join »
Change it Up
Our Change it Up savings program allows you to round up your everyday debit card purchases to make an automatic deposit into your Savings account.†
†Terms, conditions, restrictions and eligibility apply. See details.
It’s an easy, automatic way to save money.
Your Money is Safe at SESLOC
Accounts are insured to at least $250,000 by the National Credit Union Administration, a U.S. government agency.
PEOPLE ARE MORE IMPORTANT THAN PROFITS
New to credit unions? Learn more about our philosophy and how your money stays local.
PEOPLE ARE MORE IMPORTANT THAN PROFITS
New to credit unions? Learn more about our philosophy and how your money stays local.
*APY = Annual Percentage Yield.
1. $5 minimum opening balance for Primary Share Savings account, required to maintain membership. Rate not offered on Secondary Savings accounts or Business Savings accounts. Dividend rates and APY are variable and may vary after the account is opened. Dividend rates on your account may change at any time. This is a tiered rate account. The dividend rates and APYs applied to an account will only apply to that portion of the corresponding average daily balance within each applicable tier. The dividend rate for one tier may be the same rate, or a higher or lower rate, than the rate for a lower tier. Fees may reduce account earnings. Additional restrictions may apply. Refer to your Truth in Savings Disclosure for more information.
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Savings are insured to at least $250,000 and backed by the full faith and credit of the U.S. government. National Credit Union Administration, a U.S. government agency.
