SELCO COMMUNITY CREDIT UNION - Salem, OR

Welcome to Selco Community, your trusted partner in financial success! Located at 3833 Commercial St Se, Salem, OR 97302, we have proudly served our community since 1936. With a strong commitment to our members, we currently support over 151,949 individuals and families, helping them achieve their financial goals. At Selco Community, we understand that banking is not just about numbers; it's about relationships. We are here to guide you through every step of your financial journey, whether you're looking for personal banking solutions or business services. Our total assets amount to an impressive $2,802,454,807, and with $249,663,260 in deposits and a net worth of $317,004,342, you can trust us to safeguard your finances. Our dedicated team of 461 employees, led by CEO Bob Newcomb and Board President Carol Beckley, is always ready to assist you. We pride ourselves on being approachable and responsive to the needs of our members. You can reach us at 503-315-4300 during our lobby hours from 9:00 AM to 5:30 PM Monday through Thursday and until 6 PM on Fridays. While you can visit us at our Salem branch for all your banking needs, official correspondence should be sent to our mailing address at PO Box 7487, Springfield, OR 97475. Explore our wide range of services from checking and savings accounts to auto loans and mortgage financing all designed with your best interests in mind. At Selco Community, we are more than just a credit union; we are a part of your community. Ready to take the next step? Visit our website at selco.org or call us today! Your financial future starts here!

At Selco Community, we believe that becoming a member is like joining a caring family that looks out for your financial well-being. To become part of our community, you'll need to meet certain eligibility criteria that are designed to ensure our members share in the values and mission of our credit union. Typically, individuals who live, work, or worship in the area around 3833 Commercial St Se Salem Or 97302 can easily qualify for membership. We welcome everyone with open arms and are excited to offer you access to a range of financial products and services tailored just for you. Opening an account with us is a straightforward process! You can find all the details about eligibility and how to start your membership journey on our website at . If you have any questions or need assistance along the way, feel free to give us a call at (503) 315-4300. We're here to help you every step of the way as you take this exciting step toward better banking with Selco Community!

At Selco Community, we understand that convenience and security are vital to your banking experience. That's why we offer a range of digital and online banking services designed to make managing your finances easier than ever. With our user-friendly platform, you can access your accounts anytime, anywhere, ensuring you're always in control of your money. One of the standout features is our robust online banking service, which you can explore at https://www.selco.org/ . Whether you're checking your balance or transferring funds, everything is just a few clicks away. You also have the option to enroll in e-statements, making it easy to keep track of your transactions while helping the environment by reducing paper waste. For those on the go, our mobile application brings all these features right to your fingertips. With mobile payments available, paying for everyday purchases is quick and hassle-free. Plus, our person-to-person transfer feature allows you to send money to friends and family instantly, making splitting bills or sharing expenses easier than ever. Security is a top priority at Selco Community. We provide electronic signature authorization for added peace of mind when signing important documents online. This ensures that your information remains secure while allowing you to complete transactions swiftly. With 24/7 online banking services, managing your finances has never been more accessible. You can check balances, make transfers, and pay bills whenever it suits you no need to wait for branch hours. Whether you're at home or out and about, Selco Community is committed to providing you with an efficient and safe banking experience tailored to your needs.

At Selco Community, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With strong performance indicators, we provide reassurance that your finances are in safe hands. Our net worth of $317,004,342 reflects our robust financial health, enabling us to offer better rates, lower fees, and enhanced services tailored to your needs. This is supported by a net worth ratio of 11.31, demonstrating a solid capital foundation. This ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $690,765,865 in share certificates and $668,373,291 in money market shares, which offer stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, our resources are focused on benefiting you through better loan rates and exclusive perks. With $297,690,079 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is significant; we have $22,884 in used auto loans and a total of $1,940,244,169 in loans and leases, supporting members' financial goals across various sectors. Our operational efficiency is evident with a net income of $17,674,444, allowing 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 and committed team. With $10,247,071 available for lending and investments as net shares and a growing member base reflected by 314,844 total share accounts, it's clear that our community trusts us with their finances. 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 3833 Commercial St Se Salem Or 97302 or call 503-315-4300 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.