Selco Community Credit Union

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A short history of Selco Community CU

Since its inception in 1936 the Selco Community Credit Union has been serving its members in the Springfield, Oregon area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Bob Newcomb, the Selco Community CU has grown its membership to over 130,206 with assets of more than $1,507,882,213. They have a main office and 16 branch offices. Please see the credit unions website or contact them by phone at (800) 445-4483 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Springfield, OR.

General Information For Selco Community CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 63196
Address P.O. Box 7487 
City Springfield 
State Oregon 
Zip-Code 97475
Phone Number (800) 445-4483
Fax Number (541) 341-1804
Email Address:
CEO/President Bob Newcomb
Members 130,206 
Full-Time Employees 328 
Part-Time Employees 17 
Number of Branch Offices 16 
Total Assets 1,507,882,213 

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Selco Community Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Selco Community Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 17.50 1.99 1.99 4.50 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 547 34 21 205 74
Rank Among All Oregon Credit Unions 41 1 1 23 4

Selco Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.25 0.35 0.35
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 108 105 293 250
Rank Among All Oregon Credit Unions N/A 6 10 28 20
Selco Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 17.50019,62141,520,233
All Other Unsecured Loans/Lines of Credit 10.9904,6115,355,590
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.99010,893244,403,030
Used Vehicle Loans 1.99030,743407,993,043
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.5003,210330,639,296
Total Other Real Estate Loans/Lines of Credit 3.7502,90473,370,221
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.9907,912126,679,739
TOTAL LOANS & LEASES 79,8941,229,961,152

Selco Community Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 15426,190,642377,427,150
    b. 15 Years or less 1,667117,131,03213413,969,891
    a. > 15 years 4326,475,529115,869,492
    b. 15 Years or less 232106,296,489238,357,429
Other Fixed Rate 3122,501,3421312,300
Adjustable Rate 1 yr or less 1,07331,428,651441,906,185
Adjustable Rate > 1 yr 10615,611132,000


Closed-End Fixed Rate 1,03530,501,4711515,008,457
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,83942,114,6261813,717,327
Open-End Fixed Rate 30754,1246120,345
TOTALS 6,114404,009,51757956,720,576


Interest Only & Payment Option 1st Mortgage Loans 1412,572,862632,566
Interest Only & Payment Option Other RE/LOC Loans 503,214,93225,500
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Selco Community Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes