Dear members of Local 507, Our second meeting of the year will be on Tuesday February 28, 2023 at 6:30 PM at 2149 Oakland Rd San Jose CA 95131. Painters, please make an effort to attend as your suggestions for your upcoming contract are needed. Please see suggestion questions below. Please let me know if […]January 31, 2023
If you’ve worked for one of our contractors and are a 60% apprentice or higher, you receive hourly Vacation Pay. If you have never accessed your OE Federal Savings Vacation account, please contact the Credit Union today at (800)877-4444, or your Local branch at 775-856-2727. To keep your account active, OEFCU needs to hear from you as soon as possible.
Vacation Pay on deposit at the Credit Union that is not accessed at least onetime within a 12-month period becomes “dormant” and subject to escheatment. State Law requires all accounts that do not have member contact in a three or more year period to be turned over to the State (this means more paperwork for everyone). This money is yours, you earned it- access it today!
NOTE: If you access your OE Federal account on a regular basis (or at least once per year) this State Law does not apply and no action is required.