Come out and join us for the DC16 Community Day of Action. Get involved in your Community and get rewarded with a Golden Ticket which gives you an extra raffle ticket at the VAC (Volunteer Activist Committee) banquet. If you volunteer and get signed in for at least 3 events you will get an invite […]
April 22, 2025Your 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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