For SELCO Community Credit Union, the transition to a more advanced platform that allows it to keep up with the pace of security enhancements and technological change was a necessity. Months after launch, here are some key change management takeaways from the experience.
Sandy Wagner, SELCO's Central Oregon Regional Manager, and other industry leaders answer questions about the current deposit environment and their approach to member relationships.
According to SELCO Mortgage Loan Officer Tim Booher, in competitive markets like Central Oregon, where there is low inventory, it’s best for would-be homeowners to fill out a mortgage application first, even without a down payment.
The average one-year certificate of deposit is paying just 1.28% APY, according to the FDIC. But thanks to rising interest rates, some financial institutions (like SELCO) are offering far more — like four times more.
Lumin Digital announced today that SELCO Community Credit Union (SELCO) has launched Lumin's cloud-based online and mobile digital banking platform for its more than 150,000 members.