Sep, 30, 2025 — SELCO COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, OR with 15 branch locations and about $2.88 billion in total assets. Opened 90 years ago in 1936, SELCO COMMUNITY CREDIT UNION has about 151,722 members and employs 475 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SELCO COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 110 International Way SPRINGFIELD, OR 97477 |
| Phone: | (541) 686-8000 |
| Fax: | (541) 341-1804 |
| Website: | https://www.selco.org |
| Branches: | 15 branch locations |
| Members: | 151,722 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63196 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,881,590,879 |
| CEO/Manager: | Bob Newcomb |
| Chairperson: | Tony Saxman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 291,460,556 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 657,500 |
| Real Estate Loans | 973,370,760 |
| Unsecured Loans | 50,836,073 |
| Other Loans | 906,868,675 |
| TOTAL LOANS | 1,931,113,861 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,768,400 |
| Land And Building | 39,079,885 |
| Other Fixed Assets | 3,504,438 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 23,079,386 |
| All Other Assets | 1,085,343 |
| TOTAL ASSETS | 2,881,590,879 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 35,364,966 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 494,068,187 |
| Regular shares | 622,503,550 |
| All Other Shares & Deposits | 1,413,537,693 |
| TOTAL SHARES & DEPOSITS | 2,530,109,429 |
| TOTAL LIABILITIES | 2,565,856,969 |
| Regular Reserve | 0 |
| Other Reserves | -25,928,563 |
| Undivided Earnings | 341,662,473 |
| TOTAL EQUITY | 315,733,910 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,881,590,879 |
| INCOME & EXPENSE | |
| Loan Income | 78,134,561 |
| Investment Income | 21,810,755 |
| Other Income | 11,933,554 |
| Total Employee Compensation & Benefits | 45,856,647 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,202,975 |
| Non-operating Income & (Expense) | 5,813,410 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,149,163 |
| Cost of Funds | 34,644,860 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 21,353,314 |
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