Financial security in uncertain times

The nation’s economic conditions have created difficulties for many financial institutions. It’s natural to seek assurance as to the safety and soundness of your deposits at SELCO Community Credit Union.

While it’s true that all financial institutions are affected by the turmoil in financial markets, you can be confident that your accounts with SELCO are safe and secure. 

SELCO benefits from a seasoned management team and long-standing conservative policies that enable the institution to perform well through difficult economic cycles. This consistent management philosophy has been our strength during previous periods of market volatility, and continues to ensure that our members have a secure partner to support their banking, investment, insurance, and business service needs.

You can find comfort in the fact that State and Federal regulatory agencies characterize SELCO as well capitalized, with positive earnings, and that SELCO deposits are federally insured by the NCUSIF, the highest-funded deposit insurer in the financial services industry.

If you have questions about share insurance through NSUSIF, visit http://ncua.gov/ShareInsurance/index.htm to learn more, or visit a SELCO branch to speak with us and obtain a copy of the “Your Insured Funds” pamphlet with all the details. We’re happy to answer your questions.

Thank you for choosing SELCO as your financial partner.  We truly value your membership and will continue to earn your trust and patronage. 

Bob Newcomb
CEO, SELCO Community Credit Union