Your 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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