Everything You Need to Know About Vacation Pay
HOW MONTHLY VACATION PAY WORKS
- Each month your employer forwards your Vacation Pay to Zenith American Solutions Trust Fund.
- The funds are then transferred to OE Federal Credit Union to be deposited into your savings account. Don’t have an OE Federal Savings Account yet? That’s ok! Your money is still here. Fill out a membership application at oefederal.org or a local branch to open an account and access your Vacation Pay.
- Vacation Pay will become available to you within 90 days from the date of your employers’ deposit.
HOW TO ACCESS YOUR VACATION PAY
To make accessing your money more convenient, we suggest opening a Checking Account with OE Federal. Transferring your vacation pay from your OE Federal Savings Account to an OE Federal Checking Account allows easy access to your funds. Our Checking Account comes with an OE Federal VISA Debit Card that has access to over 60,000 fee-free ATMs nationwide.
Access your money anytime, anywhere, by signing up for Online and Mobile Banking. Download our mobile app from the Apple App store or the Google Play Store today.
Have questions about your vacation pay? Call us at 800.877.4444 or send us a message through Online Banking or your OE Federal mobile app.
HOW TO FIND YOUR VACATION PAY DEPOSITS
You may receive a statement from OE Federal Credit Union monthly or quarterly listing your Vacation Pay deposits.
Your statement will show all funds that have been deposited into your OE Federal Savings Account.
You may also check your account balance online by going to oefederal.org and logging into Online Banking or by downloading our mobile app.
*Vacation Pay must be accessed at least one-time within a 12-month period or it will become “inactive” and will be subject to escheatment after 24 months. State Law requires all accounts that do not have member contact in a 3 or more year period to be turned over to the state. Check your local state law for specific time period.