As a lender, SELCO Community Credit Union played an important role in distributing government stimulus money to individuals and businesses hit hard by the pandemic-driven recession.
We learned firsthand just how great that need was this summer when SELCO was one of 10 Oregon financial institutions to volunteer to help distribute $500 payments from Oregon’s Emergency Relief Assistance Program aimed at those who suffered severe financial hardship from the governor’s stay-at-home orders and had slipped through the cracks of th...
Community development financial institutions (CDFIs), like SELCO, focus on serving people in low-income communities that have historically been locked out of the financial system.
SELCO Community Credit Union has been named the top credit union in Oregon by Forbes as part of the influential business publication’s 2020 list of America’s Best Credit Unions in Each State.
We keep hearing that there will be a “new normal” once Oregon reopens from the COVID-19 outbreak. It’s true that behavioral shifts in all facets of life are to be expected, and in the case of banks and credit unions, it is already happening.