Selco Community Credit Union Portland OR | Affordable Auto Loans & Online Banking

Introduction

Welcome to Selco Community, your trusted partner in financial growth since 1936. Nestled in the heart of Portland, OR, at 2465 Nw Thurman St, our branch is more than just a place to bank it's a community hub where members come together to achieve their financial dreams. With a proud membership of over 151,949 individuals, we are dedicated to providing personalized service and innovative solutions tailored to your needs. At Selco Community, we understand that each member's journey is unique. That's why we offer a wide range of services from checking and savings accounts to auto loans and mortgages. With total assets exceeding $2.8 billion and deposits amounting to $249,663,260, our strong financial foundation allows us to support you with confidence. Whether you're looking to finance your next vehicle or consolidate debt, we have you covered with over 82,486 loans available for our members. Led by our experienced CEO, Bob Newcomb, and Board President, Carol Beckley, our team is committed to making banking easy and accessible. If you have questions or need assistance, don't hesitate to reach out at 503-228-2106 during our lobby hours from 9:00 AM to 5:30 PM Monday through Thursday and until 6:00 PM on Fridays. While members can visit us at 2465 Nw Thurman St, official correspondence should be sent to our mailing address at PO Box 7487, Springfield, OR 97475. We invite you to explore all that we have to offer by visiting our website at selco.org. Join us today and experience the difference of being part of a credit union that truly cares about its members!

Branch History & Mission

Commitment to Community

Our dedication goes beyond just providing banking services; it extends into actively engaging with local organizations and initiatives. Through outreach programs and partnerships with schools and charities, Selco Community strives to make a positive impact on those around us. As we continue to grow alongside our members and community partners, we invite you to join us on this journey. Experience firsthand how Selco Community is dedicated not only to your financial well-being but also to fostering a vibrant community spirit. If you're ready to take the next step towards achieving your financial goals with a trusted partner by your side, reach out today at 503-228-2106 or visit us online at Selco Community. Together, let's build a brighter future!

Mission Statement

At the heart of Selco Community is our mission: to empower individuals and families through accessible financial services while giving back to the communities we serve. We believe that when one member succeeds, we all succeed. This philosophy drives us to support local initiatives and partnerships that enhance the quality of life in Portland and beyond. While you can visit us at our branch located conveniently on NW Thurman St near beautiful parks and bustling neighborhoods, please note that official correspondence should be sent to PO Box 7487 in Springfield, OR.

Our Journey

From our inception, Selco Community has been dedicated to serving the unique needs of our members. We began as a modest organization aimed at providing financial solutions to those who needed them most. As we evolved, so did our services. Today, we offer personal banking solutions including checking and savings accounts, auto loans, mortgage loans, and business banking options all designed with the needs of our community in mind. Our commitment to innovation has kept us at the forefront of financial services. With features like online and mobile banking, e-statements, and person-to-person payments, we ensure that our members can manage their finances easily and securely. We also embrace accessibility by being ADA compliant, ensuring everyone can benefit from our services.

Branch Location & Accessibility

Accessibility Features

Our facility is designed with accessibility in mind, ensuring that everyone can visit us comfortably. We have ramps for easy entry and ample parking available for your convenience.

Nearby Landmarks

Located in the heart of Multnomah County, our branch is just a short drive from popular spots like the scenic Washington Park and the vibrant Pearl District. This makes it easy for you to stop by while enjoying your day out.

Operating Hours

We know your time is valuable! That's why we're open from 9:00 am to 5:30 pm Monday through Thursday, and until 6:00 pm on Fridays. Feel free to drop in during these hours or give us a call at 503-228-2106 if you have any questions.

Services Offered

At Selco Community, we pride ourselves on offering a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Plus, we provide ATM access for quick cash withdrawals and balance checks. While members can visit us at 2465 NW Thurman St, official correspondence should be sent to PO Box 7487, Springfield, OR 97475 if needed. We invite you to come by and discover how we can assist you today! Whether you're looking for expert advice or just need a place to manage your finances, we're here to help.

Member Eligibility

Becoming a member of Selco Community is like joining a family that truly cares about your financial well-being. If you live, work, or go to school in the areas we serve, you're likely eligible to join us! We welcome everyone who shares our community spirit and values. Our membership offers you access to a variety of financial products and services designed to help you thrive, from checking and savings accounts to loans and credit cards. To learn more about eligibility details, visit our website at . It's easy to become part of our supportive community, and we're here to guide you every step of the way. When you're ready to take the next step, check out how simple it is to open an account with us by visiting http://www.selco.org/loans/home-loans/apply-for-a-home-loan/ or give us a call at (503) 228-2106. Your journey towards better financial health starts here at Selco Community, located at 2465 Nw Thurman St Portland Or 97210!

Business Banking & Commercial Services

Merchant Services That Make Life Easier

In today's fast-paced market, efficient payment processing is crucial. Our merchant services help you accept payments easily, so you can focus on what you do best running your business. From mobile payment solutions to point-of-sale systems, we provide tools that simplify transactions and improve customer experiences. When you're ready to take your business to the next level, visit us at Selco Community. We're here to partner with you every step of the way! For more information, feel free to call us at (503) 228-2106.

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $316 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $8 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $304,942,049, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need cash in a pinch? Our ATM services provide basic access for withdrawals and balance checks without any hassle. You can easily find an ATM near you through our website or app. At Selco Community in Portland, we are dedicated to making your banking experience as convenient and user-friendly as possible. Whether you're visiting us during lobby hours from 9:00 AM to 5:30 PM Monday through Thursday or until 6:00 PM on Fridays, our team is ready to assist you with any questions or concerns. If you're ready to take control of your financial journey or want more information about any of our services, don't hesitate to reach out! Call us at 503-228-2106 or visit us online at selco.org. Join us today and discover how Selco Community can support your financial aspirations!

Business Banking

If you're a business owner, Selco Community has got you covered as well. Our business banking services include everything from essential merchant services that streamline transactions to competitive business loans designed to help your company grow.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking solutions. With just a few taps on your smartphone or clicks on your computer, you can access your accounts anytime, anywhere. Our features include easy account management, bill payments, and even person-to-person payments making it simple to share expenses with friends or pay back family.

Personal Banking

Our personal banking services are crafted with your financial goals in mind. From checking and savings accounts that help you keep track of your daily expenses to auto loans and vehicle financing for that new car you've been eyeing, we make it easy for you to achieve your dreams. If you're planning to buy a home, consider our mortgage loans and refinancing options, which can simplify the process and save you money over time. For those unexpected expenses or projects around the house, our personal loans and debt consolidation options offer flexibility when you need it most. And if you're looking to reward yourself while managing your finances, our credit cards with rewards allow you to earn points on every purchase.

Digital & Online Banking

Key Features

Our online banking service is available 24/7, giving you access to your accounts anytime you need it. Whether you're checking your balance, transferring funds, or paying bills, you can do it all at your own pace. Plus, our mobile application allows you to carry your bank right in your pocket perfect for those on-the-go moments. You can also take advantage of e-statements, which provide a secure and eco-friendly way to keep track of your financial documents. Want to make quick payments to friends or family? Our person-to-person transfer feature makes sending money a breeze, allowing you to share expenses without any hassle.

Security and Ease of Use

Security is a top priority at Selco Community. We utilize electronic signature authorization, ensuring that your transactions are both safe and efficient. You can trust that your personal information is protected while enjoying the convenience of digital banking. Our mobile payments feature lets you shop with ease, whether you're in-store or online. You can make quick purchases without fumbling for cash or cards. The combination of security and ease-of-use makes our digital banking services not just practical but also enjoyable. In summary, Selco Community's digital and online banking services empower you with real-time account management while keeping security at the forefront. Explore everything we have to offer today by visiting https://www.selco.org/ your financial freedom awaits!

Financial Strength

Commitment to Growth

With $297,690,079 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust as well; we have $22,884 in used auto loans and $1,940,244,169 in total loans and leases supporting your financial goals across various sectors.

Member Trust

The trust of our members is evident with 314,844 total share accounts, showing a strong and growing member base that trusts us with their finances. The funds available for lending and investments stand at $10,247,071, reflecting our commitment to provide flexible options for all your banking needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Selco Community is your trusted partner. Visit us at 2465 Nw Thurman St Portland Or 97210 or call (503) 228-2106 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our strong operational performance is highlighted by a net income of $17,674,444, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 449 full-time employees and 12 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $317,004,342, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,131 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Savings That Matter

Your savings are safe with us. Members' funds are secured through $690,765,865 in share certificates and $668,373,291 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $321,879,870 in used vehicle loans and $551,353,076 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used car, we can help make it happen.

Business Loans

For business owners, our outstanding commercial loans totaling $304,942,049 provide the capital needed to grow and expand your operations. Whether you're starting a new venture or looking to strengthen an existing one, we're here to support your journey. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. If you're interested in any of these loan products or want more information about eligibility options available at our branch located at 2465 Nw Thurman St Portland Or 97210, feel free to give us a call at 503-228-2106. Our team is ready to assist you from 9:00 am to 5:30 pm Monday through Thursday and 9:00 am to 6:00 pm on Friday. Let's work together toward achieving your financial dreams!

Credit Lines and Unsecured Credit Cards

Managing day-to-day expenses is easier with our credit lines and unsecured credit card loans. We also offer flexible terms on unsecured credit card loans, with a total of $39,523,951 in loans helping members manage their finances effectively. This means you can enjoy peace of mind knowing you have access to funds when you need them.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $153,131,018, make buying or refinancing simple. We offer various mortgage solutions tailored to fit your needs and budget. If you're considering refinancing your current mortgage for better rates or terms, we can guide you through the process.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and reliability, LendMesh is designed to help users make informed choices about their borrowing options. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This rigorous approach guarantees that users receive fair and transparent offers tailored to their financial needs. One of the key benefits of using LendMesh is its Verified Data feature. Loan offers are sourced from legitimate financial institutions, which builds trust and confidence in the information provided. Additionally, LendMesh operates with No Sponsored Listings, meaning lenders are not prioritized based on paid promotions. This commitment to unbiased results allows users to explore all available options without any hidden agendas. Another advantage is the Real-Time Rate Comparisons provided by LendMesh. Users can access up-to-date loan rates from multiple institutions, empowering them to make decisions based on current market conditions rather than outdated information. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials underscore the effectiveness of this tool in helping borrowers secure better financial outcomes. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Selco Community