Selco Community Credit Union Springfield

Selco Community Credit Union Springfield

Selco Community Credit Union Springfield – SELCO Community Credit Union announced today that it will purchase a building for the company’s new headquarters. Built in 2003 as the former home of Pacific Source Health Projects, the building is located on the North Springfield exit at 110 International Way. SELCO will relocate from its current Eugene headquarters at 1050 High Street, which has been SELCO’s home since the 1990s. The SELCO location at 299 E 11th Avenue will remain open after the move.

With 61,000 square feet of space and over 400 employee rooms, SELCO’s new headquarters is perfect for the credit union’s growth. This move will allow SELCO to integrate employees from multiple locations while protecting the health and well-being of its employees through best practices. In addition, the property offers close proximity to Eugene and Springfield, as well as easy access to remote areas such as the I-5 corridor. SELCO expects to hire approximately 250 employees within 10 to 12 months of moving into its new headquarters.

Selco Community Credit Union Springfield

“We are looking for a long-term housing solution as we have outgrown our current office space and have moved several companies into leased space over the years,” said SELCO President and CEO Bob Newcomb. “In a tough real estate market, we have considered various options, including construction, lease and sale. The move to PacificSource earlier this year provides us with an opportunity. We will add this facility to our company. We are excited to help meet the growing needs of our company.” Welcome to a diverse and growing business today and in the future.

America’s Best Regional Banks And Credit Unions 2024

“We are pleased to have this facility join our team and help meet the growing needs of our growing business today and into the future.”

The eventual sale of the former SELCO building on High Street will offset the purchase price of the new building. The new LEED Gold certified natural light space will also reduce SELCO’s long-term energy costs.

With 14 physical branches and 24/7 virtual branches across the state, more than 140,000 members and more than $2 billion in assets, SELCO is one of Oregon’s largest and longest-serving credit unions.

“It’s important to us to have a home that not only meets our needs, but allows us to take good care of our members’ assets,” Newcomb said. “As a financial institution, we are committed to making smart investments for the benefit of our members. The acquisition of this building is an example of the success of this commitment, strong business culture and business opportunities.

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Founded nearly 85 years ago by financial thinkers, Eugene-based SELCO Community Credit Union now serves more than 140,000 members and is one of Oregon’s largest and longest-running credit unions. SELCO, a not-for-profit, federally insured, membership-based financial institution with $2 billion in assets, offers its members unique and low-cost incentives for a variety of financial products and services, including banking services. , home loans, personal and business loans, investments and insurance. Membership is open to those who live or work in the 27 Oregon counties served by SELCO. For more information or to become a member today, visit any of SELCO’s 14 branches, visit selco.org or call 800-445-4483. Pleasant and emotional

(EUGENE, Ore.) – SELCO Community Credit Union has been named Oregon’s top credit union on Forbes magazine’s 2020 list of America’s Best Credit Unions by state. The results are based on a nationwide survey of 25,000 consumers who were asked for recommendations and satisfaction with banks and credit unions with which they have a current or past financial relationship.

“It is a great honor to be recognized by Forbes as Oregon’s Best Credit Union,” said Bob Newcomb, president and CEO of Elko Community Credit Union. Above all, we care about each of SELCO’s nearly 400 employees who work to improve the social and economic well-being of our 142,000 members.

Statista, a popular consumer research company, conducted the survey. Financial institutions were ranked on respondents’ recommendations and satisfaction in five areas: trust, conditions, member services, digital services and financial advice. The results were used to compile the best banks and best credit unions by state.

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“We are proud of this development, as it is based on unsolicited feedback from our members about the personal information provided to SELCO,” said Tiffany Washington, senior vice president of finance and member solutions. “We strive to put our members and the communities we serve at the center of everything we do, and it’s amazing and exciting to know what our team is doing.”

“We strive to put our members and the communities we serve at the center of everything we do, and it’s amazing and exciting to know what our team is doing.”

Visit www.forbes.com/best-in-state-credit-unions/ for the complete 2020 list of America’s Best Credit Unions by State from Forbes.

Founded by financial thinkers more than 80 years ago, Eugene-based SELCO Community Credit Union is today the third largest credit union in Oregon, serving more than 142,000 members. A not-for-profit, federally insured, member-led organization with $1.7 billion in assets, SELCO offers its members unique and affordable incentives for banking, mortgage, personal and personal and other financial products and services. Business loans, investments and insurance. Membership is open to those who live or work in the 27 Oregon counties served by SELCO. For more information or to become a member, visit any of the 15 SELCO locations, visit selco.org or call 800-445-4483. SELCO Community Credit Union has won more than $53,000 in prizes as part of its annual SPARK! Arts Education Scholarship Program.

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Awesome! The Creative Learning Grant is designed to help teachers who have creative classroom ideas but lack the funds to implement those plans. Individual grants of $1,000 each are awarded to K-12 educators in the 27 Oregon counties served by SELCO.

The committee’s goal is to fund innovative projects that give students the best opportunity to make a significant impact and make a lasting impression.

“SELCO more than 30 years ago, “Spark! The “Creative Learning Grants” program was launched, and each year we offer Oregon teachers new ways to teach their students. SPARK! The program was created to support new and important ways to reach students, and we continue to grow toward that mission. Established as a credit cooperative

This year’s recipient is Colin McCusker, an instructor at Cascades Academy Band, who uses the SPARK! Donate to fund a sustainable hydroponic window garden project to provide organic vegetables for the school lunch program. Nicholas Creasy of Lincoln Middle School in Oakland, among others, donated money to “STEM Rocks!” Students can learn to play the blues by teaching them STEM principles through building guitar.

Careers At Selco

By 2022, SELCO will provide more than $54,000 to 54,000 teachers in 55 schools in Oregon. The funding project includes book repair work at Eugene Cesar A. Chavez Elementary School to replace old books with new books. Watch a project highlight video here.

“The students had to find new books about dinosaurs, about animals, about crafts, about tools, and they were so excited,” said Chavez Elementary School Spark Principal Martha Dyer. give money “You can see the joy and excitement on their faces. Want to see them immediately. “

For more information on SELCO Community Credit Union’s Spark! To follow the progress of a Creative Learning grant or one of the grant recipients, visit www.selco.org/spark.

Founded nearly 90 years ago by financial thinkers, Springfield-based SELCO Community Credit Union today serves more than 150,000 members and is one of the largest and longest-established credit unions. A $2.7 billion, not-for-profit, federally insured financial institution, SELCO provides its members with a wide range of financial products and services, including banking, home loans, personal and business loans and investments, at unique rates and low fees. , and insurance. Membership is open to those who live or work in the eight counties served by SELCO, including 27 in Oregon or eight in Washington. For more information or to become a member, apply here today

Selco Community Credit Union

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