Featured Savings Rates
Featured Accounts

Selco Community Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.50%5-year CD5 Year Bump Rate CD Special
0.35%1-year CD1 Year CD
0.20%SavingsMembership Shares / Secondary Account

Overview / Commentary
541-686-8000
1050 High St Ste 300
Eugene, OR 97401-3254

Selco Community Credit Union is headquartered in Eugene and is the 3rd largest credit union in the state of Oregon. It is also the 173rd largest credit union in the nation. It was established in 1936 and as of June of 2016, it had grown to 320 employees and 122,838 members at 19 locations. Selco Community Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in Selco Community Credit Union is open to those who live or work in Baker, Benton, Coos, Clackamas, Crook, Curry, Deschutes, Douglas, Grant, Harney, Hood River, Jackson, Jefferson, Josephine, Klamath, Lake, Lane, Lincoln, Linn, Malheur, Marion, Multnomah, Polk, Wasco, Washington, or Yamhill Counties in Oregon.
See current membership details

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Reviews (5)

I will never go back to big banks

Posted by: sprenger | Jan 30, 2015

I've had a savings account with SELCO community credit union since I was a child, and they have always treated me well. There's no ridiculousness about me not being allowed to talk to a teller unless I have a certain amount of money in my account. It is how a bank should be, fast and helpful tellers, easy to use online software, interesting opportunities for life insurance, just an overall good place to keep my money.

Always great since I was a little kid!

I've had a savings account at Selco Credit Union since I was little, and now that I'm a grown adult I still enjoy working with Selco. My Kitty Club Savings Account has grown up with me and is now accompanied by a Checking account and an IRA account. I wouldn't want to use any other credit union. I was quite the happy camper when I switched my checking account from a larger commercial bank to Selco. Couldn't recommend any more.

Good experience, nice folks

I opened a personal account with Selco Credit Union when I moved to Oregon in 2012. Never any problems. I opened a business account with them earlier this year and again have had positive experiences. If I had to knock off a star or two it would be because they are not open on Saturdays (surprised me!). And the other thing that is a bit of a pain is the limited number of branches. They are regional (obviously), but my branch is the only one within 40-50 miles. Their finances are in line and they are not at risk of folding, so it isn't a large issue. Besides, they do provide me with a great online experience (but sometimes I have to wait for a day or 2 for an online email response) and fees are very competitive, so I'll be sticking with them for the foreseeable future.

Didn't want my money

Posted by: Vallie | May 25, 2016

A few years ago I stopped in at Selco credit union to see if it would be valuable to switch my checking and savings account over from my larger commercial bank. I was unsatisfied with my bank at the time because of overdraft fees, I hadn't bounced any checks, but they would make withdraws before crediting my deposits, even if I had made the deposit first. The Selco I stopped at was close to my home and in a large retail chain, I thought the location would be easy to access and they also had extended hours which seemed convenient. When I talked to the teller she seemed very excited and welcoming, she took a general application and my drivers license to see about opening an account. Immediately after running my information her whole demeanor changed. She asked if I had ever banked with a certain bank and I indicated that I had in my college years, about fifteen years prior. She said I needed to contact that bank immediately as they had marked my credit report with a very derogatory mark and indicated that Selco would not be able to offer me a new account. Obviously I was distressed, I have a good credit score and was concerned what was on my report. I immediately called the other bank upon returning home and that service agent told me there was no red flags or comments under my name. I also checked my credit report and there was nothing derogatory there. I don't know if she transposed one of my numbers but the entire experience was strange and left a bad impression. I have never considered doing business with this credit union again.

Customer Service Getting Worse

Daniel Wright (probably spelled wrong) is assistant manager at the Eugene Division street branch. I brought in $30 in coin. They use to take my wrapped coin then once last year I used their machine in the lobby. This morning I was told me I'd have to use the machine - even for that small amount. Ms. Wright then proceeded to create a confrontational issue with me - the long time customer. I was given various vain reasons - "it takes too long to count by hand (no one was in the line)", "our teller's draw can't hold all the coin", etc. She told me they can't be inconvenienced but had no problem inconveniencing me - a senior - expecting me to drive miles out of my way to one of their branches that had a machine.

Eventually she gave in when I said "Guess I should consider having my Social Security check deposited into my Ally bank account". Whalaa - suddenly they had the time to count it (took about 2 minutes) and the space in their facility to store it.

SELCO, at least the branch on Division, has gone downhill. Too sad too - all because of a assistant manager desperately in need of basic customer interaction skills.

Besides - Ally bank has much better rates!



Health
A+

Health Grade Components

Overall
NCUA #63196
Year Chartered1936
Employees320
Primary Regulator
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD9.47%
Annual Interest Income$20.7MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$1.36B$1.25B
LoansQ2 2016vs Q2 2015$1.07B$953.2MM
DepositsQ2 2016vs Q2 2015$1.21B$1.11B
Equity CapitalQ2 2016vs Q2 2015$145.5MM$131.7MM
Loan Loss AllowanceQ2 2016vs Q2 2015$5.7MM$6.0MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$2.3MM$3.8MM
Real Estate OwnedQ2 2016vs Q2 2015$747.00K$1.9MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Selco Community Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-IRA Premium Account
OTHER TIERS: 0.25% Up to $10k | 0.35% $10k - $50k
0.30%$25-IRA Share Savings Account
0.30%$25-Roth IRA Share Savings Account
0.30%$25-SEP IRA Share Savings Account
0.25%*$1k*-50-Plus Savings
OTHER TIERS: 0.10% Up to $1k
0.20%*$10k*-Membership Shares / Secondary Account
OTHER TIERS: 0.10% $500 - $2,500 | 0.15% $2,500 - $10k
0.20%--Safari Savers Kids' Club
0.20%--Teen n Vault Account
0.20%*$10k*-Health Savings Account
OTHER TIERS: 0.10% $500 - $2,500 | 0.15% $2,500 - $10k
0.20%*$10k*-Business Savings
OTHER TIERS: 0.10% $500 - $2,500 | 0.15% $2,500 - $10k
0.20%*$10k*-Business Membership Share
OTHER TIERS: 0.10% $500 - $2,500 | 0.15% $2,500 - $10k

Selco Community Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$100k*-Investor Account Plus
OTHER TIERS: 0.40% $75k - $100k
0.45%*$100k*-Business Money Max Account
OTHER TIERS: 0.15% Up to $2,500 | 0.20% $2,500 - $10k | 0.30% $10k - $50k | 0.35% $50k - $100k
0.35%*$50k*-The Investor Account
OTHER TIERS: 0.25% $10k - $25k | 0.30% $25k - $50k
0.25%*$1k*-Money Market
OTHER TIERS: 0.10% Up to $1k
0.25%*$1k*-Business Money Market Account
OTHER TIERS: 0.20% Up to $1k

Selco Community Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$100k*-Select Checking
OTHER TIERS: 0.40% $75k - $100k
0.20%*$10k*-SELCO Select Checking Account
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $10k
0.10%$100-Business Checking Account
0.10%$100-Business Checking Plus Account

Selco Community Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%$1k-7 Year CD
1.90%$1k-Business 7 Year CD
1.50%$1k-5 Year CD
1.50%$1k-Business 5 Year CD
1.50%--5 Year Bump Rate CD Special
1.50%--Business 5 Year Bump Rate CD Special
1.10%$1k-4 Year CD
1.10%$1k-Business 4 Year CD
0.90%$1k-3 Year CD
0.90%$1k-Business 3 Year CD
0.90%--3 Year Freedom CD Special
0.90%--Business 3 Year Freedom CD Special
0.60%$1k-2 Year CD
0.60%$100-2 Year College Savings CD
0.60%$1k-Business 2 Year CD
0.40%$1k-18 Month CD
0.40%$1k-Business 18 Month CD
0.35%$1k-1 Year CD
0.35%$100-1 Year College Savings CD
0.35%$1k-Business 1 Year CD
0.30%$1k-6 Month CD
0.30%$100-6 Month College Savings CD
0.30%$1k-Business 6 Month CD

Selco Community Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.65%$1k-5 Year IRA
1.25%$1k-4 Year IRA
1.05%$1k-3 Year IRA
0.75%$1k-2 Year IRA
0.50%$1k-1 Year IRA
Locations

Selco Community Credit Union has 19 locations. Click to view all Selco Community Credit Union locations.