SELCO Community Credit Union recently promoted two longtime leaders to expanded roles overseeing the credit union’s lending and credit divisions.
Mike Donaca has been promoted to Chief Commercial Lending Officer, while Michael Sauley has been promoted to Chief Consumer Lending Officer.
In their new roles, Donaca and Sauley will join SELCO’s senior management team, reporting directly to SELCO President and CEO Bob Newcomb, actively working with SELCO’s board, and partnering on organizational strategic planning and execution.
Donaca has been a key leader for SELCO since joining the credit union in April 2012, leading the credit union’s Commercial & Business Banking division since 2014. With more than 25 years of experience in commercial lending and banking leadership, he has focused on quality growth, sound credit practices, and developing long-term relationships with businesses across SELCO’s markets.
Donaca holds a bachelor’s degree in business administration from Oregon State University and is a graduate of the Western School of Commercial Lending.
“Mike’s leadership and deep understanding of commercial lending have been critical in supporting the businesses and entrepreneurs who drive our regional economy,” Newcomb said. “His expanded role will help ensure SELCO continues to grow responsibly while enhancing our commercial lending programs.”
Meanwhile, in Sauley’s new role as chief consumer lending officer, he will continue overseeing SELCO’s consumer lending and mortgage operations while helping guide credit strategy and risk management across the organization. Sauley’s role has steadily expanded since joining SELCO in 2013 as vice president of consumer lending. He began providing leadership for SELCO Mortgage in 2014, and in 2021 was promoted to vice president of consumer lending and senior consumer credit officer.
Sauley graduated from Central Washington University with bachelor’s degrees in economics, accounting, and business administration and management. He has worked in the financial services industry since 1991.
“Michael’s decades of experience and community focus have strengthened our consumer lending programs and the services we provide every day,” Newcomb said. “His leadership will continue to play a vital role as SELCO evolves to meet the changing financial needs of our members.”
Together, Donaca and Sauley will lead SELCO’s lending strategy while ensuring the credit union maintains the strong credit standards and member-first approach that have long defined the organization.