2014-08-13T15:41:23-05:00 2013-12-31 990 2013-01-01 930163693 SELCO COMMUNITY CREDIT UNION SELC 5416868000 PO BOX 7487 SPRINGFIELD OR 97475 TIFFANY WASHINGTON SENIOR VP OF FINANCE 5416868000 2014-08-08 2013 2016-02-25 16:41:14Z J ROBERT NEWCOMB PO BOX 7487 SPRINGFIELD OR 97475 61033213 false X SELCO.ORG X 1936 OR SELCO STRIVES TO PROVIDE FINANCIAL SERVICES THAT IMPROVE OUR MEMBERS' SOCIAL AND ECONOMIC CONDITION. 7 7 376 11 246456 -25310 0 52295668 51022802 1016388 1725158 2101938 4928414 55413994 57676374 55008 55249 0 16329608 18655206 0 0 19915536 22159931 36300152 40870386 19113842 16805988 1038300425 1144773594 943839224 1034871982 94461201 109901612 SELCO STRIVES TO PROVIDE FINANCIAL SERVICES THAT IMPROVE OUR MEMBERS' SOCIAL AND ECONOMIC CONDITION. false false THE CREDIT UNION PAID OVER 4.5 MILLION IN DIVIDENDS TO MEMBERS. DEPOSIT ACCOUNTS INCLUDE SAVINGS, CHECKING, MONEY MARKET ACCOUNTS AND CERTIFICATES OF DEPOSIT. AS OF DECEMBER 31, 2013, DEPOSITS TOTALED 1,023 MILLION. THE CREDIT UNION DISBURSED OVER 294 MILLION IN NEW LOANS TO MEMBERS. LOANS INCLUDE AUTO, HOME MORTGAGE, HOME EQUITY, CREDIT CARD, AND BUSINESS LOANS. AT DECEMBER 31, 2013, LOANS OUTSTANDING TOTALED 816 MILLION. DURING 2013, THE CREDIT UNION PROVIDED FINANCIAL PLANNING SERVICES TO APPROXIMATELY 3,338 MEMBERS WITH ASSETS UNDER MANAGEMENT OF 234 MILLION. false false false false false false false true false true false false false true false false true false false false false false false false false false true true true false true false false false false false false false false false true true true false true 26778 0 true 376 true true true false false false false false X 7 7 false false false false true true true true true false false false true true true true true true false true false OR X SELCO COMMUNITY CREDIT UNION 5416868000 1050 HIGH STREET EUGENE OR 97401 KAYE LEFRANCQ PRESIDENT/CH 2.00 X X 0 0 0 HAROLD WELBORN VICE PRESIDE 2.00 X X 0 0 0 DICK METZLER DIRECTOR 2.00 X 0 0 0 CAROL BECKLEY DIRECTOR 2.00 X 0 0 0 CURT HEIMULLER DIRECTOR 2.00 X 0 0 0 JEANNE STATON DIRECTOR 2.00 X 0 0 0 JIM LINDLY DIRECTOR 2.00 X 0 0 0 J ROBERT NEWCOMB CEO/SECRETAR 60.00 X 878287 0 34779 TIFFANY WASHINGTON SVP FINANCE/ 50.00 X 222116 0 27820 CRAIG CARPENTER SVP LENDING/ 50.00 X 221621 0 16622 EDWARD RUBIN INV SERV MAN 50.00 X 418439 0 34779 MARCIA ROBESON FINANCIAL CO 50.00 X 248530 0 27832 STEVEN BUEL-MCINTIRE VP ADMIN/GEN 50.00 X 193892 0 29690 SCOTT HIRSHHORN MORTGAGE OFF 45.00 X 154109 0 18450 KIRK LATOURNEAU VP INFORMATI 50.00 X 142962 0 21484 2479956 211456 18 false true false MEKENZIE COMMERCIAL CONTRACTORS INC 865 W 2ND AVENUE H EUGENE OR 97402 CONSTRUCTION 2458071 DIEBOLD INC PO BOX 643543 PITTSBURGH PA 15264 ATM MAINT 1364429 PREVEDELLO HETTICK 701 HIGH STREET EUGENE OR 97401 WEB MARKETING 1022835 INFOIMAGE 141 JEFFERSON DRIVE MENLO PARK CA 94025 STATEMENT PRINT 425493 SHELTON-TURNBULL PRINTERS PO BOX 6989 PORTLAND OR 97228 PRINTING 395092 31 INTEREST ON LOANS TO MEMBERS 35646520 35646520 SERVICE FEES 15161141 15161141 ATM SERVICE FEES 522100 215141 215141 51022802 1823637 1823637 59231 27916 31315 31315 31315 836328 2394116 854761 2474162 -18433 -80046 -98479 -98479 BARGAIN PURCHASE GAIN 4573986 4573986 MANAGEMENT FEES 223210 223210 OTHER REVENUE 61716 61716 38187 38187 4897099 57676374 55666573 246456 1763345 22249 33000 1401245 14215459 862901 729860 1445741 53806 27177 183334 17148 147237 1669962 1792099 1380557 1459428 289586 4778318 1979587 217420 MEMBER SERVICES 3182893 PROVISION FOR LOAN LOSSES 2866450 NCUA ASSESSMENTS 780746 MISCELLANEOUS 712690 621493 40870386 0 0 0 7666464 9716114 175602251 164538830 2049732 2498827 750985004 807338544 24661 24626 881969 922828 41181679 18028341 18446116 23153338 55738004 105963095 4618748 9521584 11431308 12239132 1438286 1269352 9417882 7587324 1038300425 1144773594 4143829 4512943 263422 238931 64921 68205 6510477 5918890 932856575 1024133013 943839224 1034871982 X 94461201 109901612 94461201 109901612 1038300425 1144773594 16805988 -1415577 50000 X false true X true false false true X 5429172 5429172 21219253 6966742 14252511 1456634 1122428 334206 13076620 9939171 3137449 23153338 MEMBER DEPOSITS 1022724498 DEFERRED COMPENSATION LIABILITY 1057710 CLEARING AND SUSPENSE ACCOUNTS 350805 1024133013 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE CREDIT UNION MAINTAINED MORTGAGE ESCROW ACCOUNTS TOTALING 68,205. true 28 STUDENT SCHOLARSHIPS 21 33000 SCHEDULE I, PAGE 1, PART I, LINE 2 NO MONITORING OF CLASSROOM GRANTS IS PERFORMED. X X true true X X X false true false J ROBERT NEWCOMB CEO/SECRETARY 566717 238401 73169 19125 15654 913066 TIFFANY WASHINGTON SVP FINANCE/TREAS 197018 20891 4207 16945 10875 249936 CRAIG CARPENTER SVP LENDING/BUSINESS 199072 20622 1927 16622 238243 EDWARD RUBIN INV SERV MANAGER 412271 6084 84 19125 15654 453218 MARCIA ROBESON FINANCIAL CONSULT 247342 1188 18789 9043 276362 STEVEN BUEL-MCINTIRE VP ADMIN/GEN COUNSEL 174130 18992 770 15118 14572 223582 SCOTT HIRSHHORN MORTGAGE OFFICER 153669 440 11558 6892 172559 KIRK LATOURNEAU VP INFORMATION SERV 128894 13058 1010 10992 10492 164446 SCHEDULE J, PAGE 1, PART I, LINE 4 J. ROBERT NEWCOMB 0 206,636 0 SCHEDULE J, PART III PART I, LINE 1A - THE CREDIT UNION WILL PROVIDE AIRFARE FOR A TRAVEL PARTNER FOR EACH BOARD MEMBER TO ONE NATIONAL CONFERNCE WITHIN THE UNITED STATES PER YEAR. PART I, LINE 1A - THE CREDIT UNION PROVIDES TAX GROSS-UP PAYMENTS TO ITS CEO. PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR J. ROBERT NEWCOMB. SUBJECT TO CONTINUOUS EMPLOYMENT CONTRACT, THE PLAN BENEFIT WILL BE PAID ON SEPTEMBER 19, 2017. PLAN EARNINGS IN 2013 EQUAL 206,636. J ROBERT NEWCOMB SPLIT-DOLLAR LIFE INS. X 813420 2018514 false true true J ROBERT NEWCOMB HOME MORTGAGE X 725000 480313 false true true 2498827 FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS MEMBER OWNED. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY A VOTE OF THE CREDIT UNION'S MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B REMOVAL OF DIRECTORS MUST BE RATIFIED BY A VOTE OF THE CREDIT UNION'S MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS MUST FILE AN ANNUAL CONFLICT OF INTEREST STATEMENT. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION OF THE CEO IS DETERMINED BY THE BOARD OF DIRECOTRS BASED ON COMPARABILITY DATA. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY MAY BE MADE AVAILABLE UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE POSTED ON THE CREDIT UNION'S WEB SITE AND MONTHLY STATEMENTS ARE POSTED IN EACH BRANCH LOCATION. FORM 990, PART XI, LINE 9 EQUITY ACQUIRED IN MERGER 50,000 WHISTLER PROPERTY GROUP 925 HARLOW ROAD SPRINGFIELD OR 97477 364687978 REAL EST OR N/A false false 0.10730 SELCO GROUP 925 HARLOW RD SPRINGFIELD OR 97477 930829603 INSURANCE OR N/A C CORP 1296019 938530 1.00000 true true false false false false false false false false false false true true false false true true false false SELCO GROUP A 59231 FMV SELCO GROUP L 127260 COST