Benefits of Compound Interest
SESLOC Financial Calculators
Our savings calculators can help you plan for your financial goals.*
Use of these calculators is not to be construed as guarantees of credit, of deposit account earnings or of tax savings. See full disclosure below.
* Interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment or borrowing advice. Calculators provide hypothetical illustrations of historical, current or future performance estimates. Actual rates, terms and payments may vary. Calculators are for educational and illustrative purposes only. These calculators provide data that may help you analyze your financial situation based on assumptions and information you provide. A calculator should not be relied on as your only source of data. Calculators are provided from sources we believe to be reliable; however, there is no accuracy guarantee. Use of this calculator is provided to you without warranty of any kind, express or implied or statutory, including "fitness for a particular purpose." We encourage you to seek personalized advice from qualified financial professionals regarding your personal finance situation. User agrees to hold SESLOC Credit Union harmless from any and all costs and liabilities for any improper use or violation of these terms. These terms and agreement are governed by California law.
Financial Planning Tips
From the News+ Blog
Buy Now, Pay Later: The Cost of Convenience
“Buy Now, Pay Later” (BNPL) services have become increasingly popular, offering a tempting alternative to credit cards. A 2022 report from the Consumer Financial Protection Bureau found that from 2019 to 2021, the number of BNPL loans originated in the U.S. by the five lenders it surveyed grew from 16.8 million to 180 million, highlighting how appealing these services are to consumers.
How to Brace for Rising Home Costs: A Guide for Homeowners and Renters
Have you noticed your insurance bills skyrocketing lately? If so, you’re in good company. According to Policygenius, the average home insurance premium increased by 21% between May 2022 and May 2023. Combine this with rising housing costs, property taxes, and high interest rate debt, and it’s no wonder why so many Americans are struggling in today’s market.
Money Management Tips Every Small Business Owner Should Know
Owning a small business comes with satisfying rewards (being your own boss? Check. Deciding what days you wear real pants? Check.).With the benefits comes the responsibility of money management.
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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.
