Having trouble receiving an authentication code to access digital banking? If you’re using the mobile app, please try having SELCO call you with the code or have the code emailed to you.

Education Articles

Whether you're simply financially curious or have a specific goal in mind, you've come to the right place. Check out the most recent articles just below or filter by category using the dropdown.

Education Articles


Building Credit From Scratch

Building credit as a teen can be challenging since most credit-building activities require you to be at least 18 years old. Thankfully, there are some steps you can take now to establish a solid credit foundation to build on.

Youth Tips & Activities

Common Savings Terms (and What They Really Mean)

When finding the best fit for your savings goals, it helps to know the lingo. You likely know what a savings account is, but how it—and other savings options—works can be confusing. That also goes for common financial terms we often see but aren’t often explained (or explained clearly). So, let’s take a look at a few savings-related terms—both...
Planning Your Future Forming Money Habits

Exploring Bank Accounts

Opening a bank account is an important step toward financial independence and responsible money management. It lets you securely store your money, learn about banking services, and develop essential financial skills.  

Youth Tips & Activities

Realistic (Financial) New Year’s Resolutions

On the search for doable, practical resolutions that could be a major boon to your financial journey? This is the perfect time to add some resolutions to help you save, be informed, and plan ahead.

Planning Your Future Forming Money Habits Protecting Your Information

6 Family-Proof (Financial) Holiday Conversation Starters

Money can be a touchy topic any time of year. But during the holidays, when the whole family has gathered and spending is higher than usual, conversations about finances can become downright polarizing. There has to be a way to keep the Grinches and Scrooges at bay, right? If personal finance talk rears its head at your holiday gathering, try...
Planning Your Future Forming Money Habits

6 Savvy Ways to Save at the Pump

As far as conversation topics go, the price of gas has become more popular than the weather. In June 2022, US gas prices reached a record high, soaring to an average of $5.02 per gallon. At one point, a gas station in Mendocino, California, was charging $9.60! Since then, prices have settled down, but they have started to tick back up in 2023....
Forming Money Habits

Buying Your First Car

Buying a car is a big step toward independence. It’s also a lot of responsibility (and potentially a lot of money). Even if you can’t purchase a car just yet, it’s never too early to learn the process. Here’s a simple guide to the steps involved.

Youth Tips & Activities

What’s a Credit Score? And How Can You Improve Yours?

Thinking about applying for a loan? You’ll want to pay close attention to your credit score. But what is a credit score? And why does it matter? In short, your credit score demonstrates to lenders how likely you are to pay back a loan. The higher the score, the better you look to a lender, which often means better rates and terms on a loan. Read...
Mastering Credit Planning Your Future Forming Money Habits

How to Get a Job for Teens

Whether you’re a teen searching for your first or next job, it can be a challenge knowing where to look. Check out the following tips for jumpstarting your search.  

Youth Tips & Activities

4 Steps to Start Saving

What do buying your first car, upgrading your phone, and taking a road trip have in common? They all cost money—and sometimes a lot of it. But saving money isn’t always easy, and often the hardest part is just getting started. This is where a savings plan can come in handy.

Youth Tips & Activities