Dear Members of Local 507, Please see the information below for the opportunities for your kids that are going to college. Taller de Redacción de Preguntas de Percepción Personal (PIQ) ¡Prepárate para aprobar tus solicitudes universitarias! Únase a nuestros talleres de UC PIQ y conozca los secretos internos para escribir un ensayo PIQ destacado directamente […]
October 07, 2024Your Vacation Pay – OE Federal Credit Union
Posted February 9, 2022
OE Federal Credit Union processes all vacation pay for your Local Union. 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.
If you’ve worked under a Labor Agreement that was eligible for Vacation Pay but never accessed your OE Federal Vacation account, please contact the Credit Union today at (800)877-4444. In order to keep your account active, OEFCU needs to hear from you as soon as possible.
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.
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