Education Articles

Switching From Your Bank As Easy as 1 … 2 … 3 … 4

If you are like a lot of Oregonians, there is a fair chance you have considered switching from your big bank to a more local financial institution. Research conducted by Resonate's consumer database in 2019 found that 5.3% of the online adult population in the United States  considered changing financial institutions  (Resonate calls them...

Protect Yourself from Unemployment Scams

The figure is staggering: Nearly 47 million Americans have filed for unemployment benefits since the beginning of the COVID-19 pandemic—a number greater than the combined population of 23 states. Piggybacking this crisis are scammers lined up to take advantage. According to a recent report from the Inspector General of the U.S. Labor Department,...

3 Benefits of Using Mobile Check Deposit

There’s no need to squeeze a trip down to your local branch or ATM in your already busy schedule just to deposit a check. All it takes is a few minutes of your time and a smartphone or tablet. What is mobile check deposit? Just like it sounds, mobile deposit is a way to deposit a check into your SELCO account anytime, anywhere, using SELCO’s...

6 Apps To Help Kick-Start the School Year

There are many apps available to help get your children's year off to a great start. Schoolwork organization apps With the help of organizational apps, your life might just be a little easier if everything is orderly. myHomework  (iOS, Android).  It’s not always easy to keep up with assignments, projects, and scheduled tests from different...

4 Ways To Watch Your Savings Grow

Remember the days of pedaling to the local bank and depositing your lawn-mowing or paper-route money into a savings account? Life is more complicated now (as are our finances), but the idea remains the same: We want a safe place to store our money and, ideally, watch it grow. SELCO has been around since the throes of the Great Depression,...

Loose Change Stack-Up

A fun, educational game for your kids The Loose Change Stack-Up is a fun, easy activity to teach your kids how to count change as well as the value of earning money. Teaching kids at an early age how to count and earn money will help set them up for success later in life by building a financial foundation of knowledge. This activity is great for...

7 Life Insurance Misconceptions

Many of us let popular claims about life insurance convince us that we don’t need it. Whatever your unique needs, it doesn’t hurt to give what you’ve heard additional thought—in fact, it might help a great deal. Read on to see if you change your mind about seven of the most common life insurance misconceptions. #1: I’m single and have no...

SELCO Select Checking: Your Personal Financial Hub

A checking account is no longer just a place to house and access your money. In the past, checking accounts were mostly used as a pass-through system, pooling your money and then dispersing it via checks or cash withdrawals. But like so many other banking products and services, checking accounts have evolved to fit modern times and needs. You ca...

Renting as a College Student

For many college students, renting off-campus is a major part of the college experience. Exciting, too. I, for one, couldn’t wait to live with friends. We were looking for something affordable, sure, but what we wanted most was an awesome place to throw parties. And while a great space to hang out for a reasonable price is important, there are...

Knowing Your Home Improvement Options

As spring turns to summer, Oregon's natural beauty is in full view. Is it time to spruce up your home to match that splendor? Depending on the scope of the project, home improvements can be both time-consuming and costly. And many use their home’s equity to acquire the funds needed to complete the project. Home equity lines of credit (HELOCs) ,...