Become a Member-Owner

Our members aren’t just customers, they’re owners. This means when you join SELCO, you get a voice in how we do business. Our members elect volunteer leaders from the community to guide our development and keep our professional standards high.

Our commitment isn’t to stockholders—it’s to you. As a not-for-profit consumer cooperative, we return our profits to our member-owners in the form of better rates, lower (and fewer) fees, a higher return on deposits, and personalized service.

We began in 1936 when local teachers and school employees pooled their funds together in a shoebox to help each other through tough times. When one member needed a loan, the others stepped in. We’ve been doing business this way ever since. Through ongoing partnerships with local nonprofits and schools, we continue to reinvest in our shared community.

With 24/7 online access, you can manage your accounts anytime you want. Through Shared Branching, you can access your money at 5,000+ credit union branches and nearly 30,000 ATMs coast to coast (and beyond). And with mobile banking, mobile wallets, and free apps, wherever you are, we’re there, too.

Membership is open to anyone who lives or works in any of the 27 Oregon counties we serve.

You may also be eligible if:

• A family member lives in one of the above counties. If a family member lives in any of the counties we serve, you can join us no matter where you work or live. Eligible family members include spouses, parents, grandparents, children, stepchildren, grandchildren, brothers, half-brothers, sisters, half-sisters, uncles, aunts, in-laws, foreign exchange students, and domestic partners (as defined below). Membership is also open to spouses of those who died while holding a SELCO membership.
• Your domestic partner is a member. Domestic partners are eligible if both have verbally acknowledged that they share the same permanent address; have a close, personal relationship; and are jointly responsible for basic living expenses as well as each other’s common welfare.
• You're a local or member-owned business. Businesses that operate in any of the counties listed above are invited to join SELCO Community Credit Union. For businesses outside these counties, if one of the owners or officers is a current and active SELCO member, the business can join our community, too.

Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Generally, you will need:

• Valid government-issued photo ID. Either one US government-issued ID, such as a driver’s license, photo ID card, military ID, or passport, or two pieces of foreign government-issued ID.
• Proof of current address. If your current address is on your ID card, you’re all set. Otherwise, you’ll need a credible proof of address, such as a utility bill, rental or mortgage contract, last month’s paystub, university transcript for current term, mortgage document, or mail from DMV.
• Your Social Security Number. If you’re a parent opening a Safari or Vault account, you’ll also need your child’s SSN.
• For more specific information, or to confirm the sufficiency of your identification documents, please stop by a branch or call 800-445-4483.