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SELCO Opens Eco-friendly Branch

EUGENE, Ore. — A new credit union opened in West Eugene and aims to reduce its carbon footprint at the same time.

SELCO Community Credit Union held a ribbon cutting Wednesday morning, showing off its newest branch in the 3600 block of West 11th Avenue.

The building features three energy-saving solar panels. The company’s CEO says since opening in June the panels have already saved the carbon equivalent of 31 trees and enough electricity to power 70 homes for a full day.

“It’s a little more capital investment on the front end, but I think it’s a reasonable return after the first four years or so, we start to realize the savings,” said Bob Newcomb, SELCO President and CEO.

Newcomb says the company has been more energy conscious in recent years and the new branch features many sustainable technologies.

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