Moving out and on your own is an exciting step towards independence, but the financial responsibility can also be shocking if you’re not prepared. There are a lot of odds and ends that you need to plan for, as well as a lot of expected (and unexpected) costs associated with the move. Here are some tips to prepare:
On March 27, 2020, Congress passed the CARES Act, the largest economic stimulus bill in the history of the United States, in response to the coronavirus pandemic.1 Included in the legislation are new rules for student loan relief that supersede the rules that were announced only a week earlier by the Department of Education. For more information on both sets of rules, visit the federal student aid website.
Starting a new chapter in your life as an independent adult? One of the most important lessons you can learn is about financial wellness. Give your future self the gift of security by hitting these five financial health goals in your 20’s:
For the 2019-2020 college year, the average annual cost of attendance (known as the COA) at a four-year public college for in-state students was $26,590, the average cost at a four-year college for out-of-state students was $42,970, and the average cost at a four-year private college was $53,980. The COA figure includes tuition and fees, room and board, books and supplies, transportation, and personal expenses. Many private colleges cost substantially more. (Source: The College Board’s 2019 Trends in College Pricing Report),
Hand-me-downs are great for starting out on your own, but eventually it’s nice to outfit your home with something that’s truly yours. Every time you use your HomeFREE Checking debit card or Visa® Signature Rewards card, you earn points that can be redeemed for gift cards, appliances, and home decor.
What’s a credit score and why is it so important? A credit score, also known as a FICO Score, is a calculation based on your activity in a few categories that assess the likelihood that you will repay any debt you owe. The higher the score, the more likely it is that you can handle your debt.
SESLOC has once again been recognized as a leading credit union that consistently provides an exceptional member service by MemberXP, a member experience solution from CU Solutions Group.
SESLOC Credit Union announced today that Shawn Mulqueeney has been selected as the new Senior Vice President/Chief Information Officer. The former CIO, Ken Long, has accepted a new role of Senior Vice President/Chief Risk Officer at SESLOC.
We’re partnering with News Channel 12 to honor nonprofit volunteers who make our community thrive. Each month, we’re choosing a different nonprofit and asking them to select a valuable volunteer to receive the SESLOC Cares for Community Award. We’re thrilled to introduce Jessa Brooks, from the Santa Maria YMCA.
26 members won a combined $7,300 in the monthly and quarterly Save to Win 12-month Share Certificate¹ prize drawing² earlier this month — including two big quarterly winners of $5,000 and $1,000. What would you do if you got the call announcing a surprise windfall? Anthony, the $1,000 quarterly prize winner, quite literally jumped for joy when he heard the good news.
SESLOC Credit Union announced today that Geri LaChance will retire as President and CEO effective June 2024 after 12 years of leadership at the credit union. LaChance will be succeeded by Executive Vice President/Chief Financial Officer Mike Quamma.
