Our dedication and focus haven’t changed since we opened our doors in 1936, back when SELCO stood for School Employees of Lane County Oregon. Founded by a group of educators to support each other through tough times, SELCO now provides this same level of personal service to more than 143,000 members as one of the largest, oldest, and most trusted Oregon-based credit unions.
Everything we do is driven by the desire to improve our members' lives. This means that we return earnings to members in the form of fewer fees, less red tape, and better rates on savings accounts and loans. We also invest in innovative products and community programs to help you spend less time managing your finances and more time pursuing your vision of a good life.
SELCO’s Senior Management Team (SMT) of five, including Bob Newcomb, President & CEO (pictured left), works with the Board of Directors to develop a road map for the credit union while ensuring the organization operates in a safe and sound manner—all for the benefit of our members as well as team members.
Whatever your needs or stage of life, we’ve got you covered, from everyday banking, borrowing, and investing to taking your business to the next level. Becoming a member is easy: If you live or work in one of the 27 Oregon or 8 Washington counties SELCO serves, you're eligible to join.
As we’ve mentioned, people helping people is what we’re all about. If you enjoy empowering others to reach their goals (and having fun while doing it), SELCO just may be the place for you.
When it comes to checking and savings accounts, most people head to large financial institutions. But what you may not know is credit unions provide the same services as banks.
SELCO offers a variety of digital tools, like a mobile app and online banking, that allow you to manage your accounts anywhere, anytime. Think of our digital tools as your virtual branch.
There are many benefits of being a credit union member-owner. See what sets credit unions apart from other financial institutions.