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After Recent Decline, CDs Rebound

With the highest rates in years, CDs are well worth a look. Not only are SELCO’s certificate rates among the best anywhere, if our rates rise within 30 days, we'll automatically increase yours. Rewind to the early 1980s. The United States was feeling the sting of two full-blown recessions . Inflation rates hovered around 10–13% and interest rate...

Demystifying Mortgage Terms, Part I

Here’s an understatement: The financial industry is full of confusing terms. The mortgage world, especially, is saturated with head-scratching  words and acronyms . What’s an LTV, for example? You’d be forgiven if your first thought went to some sort of off-road vehicle. If you’re buying a home for the first time, a lot of terms will be thrown a...

7 Life Insurance Misconceptions

Many of us let popular claims about life insurance convince us that we don’t need it. Whatever your unique needs, it doesn’t hurt to give what you’ve heard additional thought—in fact, it might help a great deal. Read on to see if you change your mind about seven of the most common life insurance misconceptions. #1: I’m single and have no...

St. Thomas Academy students benefit from creative learning grant

St. Thomas Academy recently learned it received a $996 SPARK! Creative Learning Grant bestowed by SELCO Community Credit Union. The grant has enabled second-grade teacher Lynn Fleenor to purchase a collection of Caldecott Award-winning books.

Bend’s Boone overtakes Greene to win Pole Pedal Paddle

It was Boone’s third elite men’s win in the SELCO Pole Pedal Paddle, but it was the first time he had ever defeated Greene, who has won the popular multisport race seven times.