SESLOC is pleased to announce that as of November 1, 2024, there has been a reduction in overdraft fees. This change is part of our commitment to providing cost-effective solutions for our membership and community. These savings will be extended to 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.
Credit unions have consistently provided a more affordable alternative to traditional banks. At SESLOC, prioritize transparency and fairness in our pricing structures, allowing our members to make informed financial decisions.
We highly encourage members to take advantage of the educational resources available through SESLOC, which can help individuals proactively manage their finances to prevent overdraft situations. From educational articles, free financial webinars and seminars, to budgeting templates and online financial tools, these resources are designed to empower individuals towards effective financial management, aiding in the prevention of overdraft occurrences.
Individuals who find themselves frequently burdened by overdraft or Non-Sufficient Funds (NSF) fees, are recommended to explore the benefits of our Basic Checking account. This account is structured to exclude any fees associated with overdrafts, NSFs, or check cashing, providing members with a transaction checking account without the concern of overdraft fees.
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.
