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All SELCO branches will be closed Monday, May 27, in observance of Memorial Day. Account access will still be available through digital banking at

Personal Loans

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Flexible financing for a range of needs

  • Unsecured loans up to $25,000. 
  • Covers an array of expenses—from a dream vacation or large holiday purchase, to emergency medical bills or adoption fees. 
  • Can also be a tool for consolidating higher-interest credit card debt. 


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Is a Personal Loan Right for Me?

A personal loan is generally unsecured, which means it doesn’t require collateral such as your house or vehicle. Learn about personal loans and if they’re the right option for your needs.

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Debt Snowball vs. Debt Avalanche

Looking for an efficient way to eliminate your debt? Discover the the debt snowball and debt avalanche, which focus on paying off one debt at a time.

Debt vs. Savings

Make Debt Work for You

It might seem like “credit” and “debt” are used interchangeably, but they actually refer to two distinct things. Simply put, credit exists before you make a purchase. Debt appears after.

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The Ins and Outs of Credit

Credit is an integral part of your financial power, and fully understanding how it works will help you build a solid history that will open doors and advance your goals.