SELCO Named Top Credit Union in Oregon by Forbes

Press Release

July 2, 2020—SELCO Community Credit Union Ranked “Best Credit Union In Oregon” By Forbes

SELCO selected from a nationwide survey of 25,000 consumers who ranked credit unions and banks based on overall satisfaction and sentiment

(EUGENE, Ore.) — 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.” The recognition is based on a survey of 25,000 consumers spread across the country who were asked for their overall recommendations and satisfaction of banks and credit unions with which they have current and former banking relationships.

Out of 5,236 U.S. credit unions, only 3.5% made the list, including just five in Oregon.

“To be recognized by Forbes as the top credit union in Oregon is a tremendous honor,” said Bob Newcomb, President & CEO of SELCO Community Credit Union. “More importantly, it is a reflection on every one of SELCO’s nearly 400 employees, who are dedicated to improving our 142,000 members’ social and economic position.”

The survey was conducted by Statista, a reputable consumer research firm. Financial institutions were scored on respondents’ overall recommendations and satisfaction, as well as five specific criteria: trust, terms and conditions, branch services, digital services, and financial advice. The results were then used to compile the Best Banks and Best Credit Unions lists for each state.

“We take particular pride in this recognition because it is based on unsolicited feedback about our members’ personal experience with SELCO,” said Tiffany Washington, Senior Vice President of Finance & Member Solutions. “We are deeply committed to holding the members and communities we serve at the center of everything we do, and it is rewarding and heartening to know that the incredible work of our team is so well received.”

For a complete list of Forbes’ list of “America’s Best Credit Unions in Each State” for 2020, visit For more about SELCO Community Credit Union, visit

About SELCO Community Credit Union:
Founded more than 80 years ago by a group of fiscally minded teachers, Eugene-based SELCO Community Credit Union now serves more than 142,000 members as the third-largest Oregon-based credit union. A not-for-profit, federally insured, member-driven financial cooperative with more than $1.7 billion in assets, SELCO provides its member-owners with exceptional rates and low fees on a full range of financial products and services, including banking, mortgages, personal and business loans, investments, and insurance. Membership is open to anyone who lives or works in the 27 Oregon counties in which we serve. For more information or to become a member today, stop by one of SELCO’s 15 branches, call 800-445-4483, or visit



Jacob Berns, SELCO,
Zack Hall, DVA Advertising & PR,

The Latest in Offers and Features from SELCO

Calling All Educators: Applications for SELCO Community Credit Union’s 2022 SPARK! Creative Learning Grants Now Open

Now in its 29th year, annual SPARK! program awards grants up to $1,000 to K-12 educators across Oregon; More than $54,000 awarded to 64 teachers in 2021 (SPRINGFIELD, Ore.) — The window for Oregon K-12 educators to apply for 2022 SPARK! Creative Learning Grants from SELCO Community Credit Union is now open. The grants award as much as $1,000 eac...

SELCO Community Credit Union Named to Forbes’ 2022 List Of Oregon’s Best-In-State Credit Unions

For the second time in three years, SELCO honored in nationwide survey ranking credit unions on overall customer satisfaction and sentiment (SPRINGFIELD, Ore.) — For the second time in three years, SELCO Community Credit Union has been named one of the top five credit unions in Oregon by Forbes as part of the influential business publication’s...

$52,500 in College Scholarships Awarded to 20 Oregon High School Seniors Through SELCO Community Credit Union’s Annual Scholarship Program

Now in its 32nd year, the program has awarded $235,000 in scholarships in the past 5 years; virtual ceremony to be held on Friday, May 13 at 2 p.m. (SPRINGFIELD, Ore) — SELCO Community Credit Union celebrated the 32nd year of its annual scholarship program by awarding $52,500 in college scholarships to 20 graduating high school seniors throughou...
Contact Us