SELCO Community Credit Union Ranked Among “Best Credit Unions In Oregon” By Forbes

A nationwide survey of 31,000 consumers ranked credit unions and banks based on overall satisfaction and sentiment

SELCO Community Credit Union has been named one of the top credit unions in Oregon by Forbes as part of the business publication’s 2023 list of “America’s Best Credit Unions in Each State.” The selection marked the third time in the last four years that SELCO has made Forbes’ list of top credit unions.

Of the five Oregon credit unions that met the ranking threshold, SELCO scored the third highest in the survey. That is two spots higher for SELCO than in the 2022 rankings.

To create the rankings, Forbes surveyed approximately 31,000 consumers across the country. Each respondent was asked for their overall recommendations and satisfaction of banks and credit unions with which they have current and former banking relationships. SELCO was one of just five Oregon credit unions and one of 147 unique credit unions nationwide to be awarded.

“Everything we do is for the benefit of our more than 150,000 members. To be continually recognized by Forbes as one of the top credit unions in Oregon is a powerful testament to our member-empowering approach,” said Bob Newcomb, President & CEO of SELCO Community Credit Union.

“These rankings are particularly meaningful because they are based on the opinions of those consumers we have already worked with. It’s an honor that wouldn’t be possible without each and every one of our more than 460 employees, whose commitment to excellence and our members’ well-being ensures long-lasting relationships.”

The survey was conducted by Statista, the respected consumer research firm. Financial institutions were scored on respondents’ overall recommendations and satisfaction, as well as five subdimensions: trust, terms and conditions, branch services, digital services, and financial advice. To ensure the list reflected the best of regional institutions, nationwide banks and credit unions with branches in more than 15 U.S. states were not included.