Bob Newcomb Named New CEO of SELCO Community CU
EUGENE, Ore. -- SELCO Community Credit Union has named Bob Newcomb its new president/CEO effective Feb. 15.
Newcomb comes to $718 million SELCO from $500 million Indiana University FCU, where he served as president/CEO. His experience also includes serving as senior vice president of $4.4 billion Alliant CU and vice president of planning and administration for $1 billion Indiana Members Credit Union. Newcomb succeeds Ava Milosevich, who retired Feb.1 after 17 years at the helm. "I am very excited to begin my role leading SELCO into the future," Newcomb said. "SELCO's national reputation, variety of products and services and leadership culture make this a tremendous opportunity for me, and I couldn't think of a more beautiful part of the country for my family and me to make our new home."
Newcomb has extensive experience in managing a number of different types of CUSOs, according to SELCO, which owns investment subsidiary SELCO Financial Solutions, SELCO Insurance Services, and ownership in SELCO Mortgage Company, LLC.
The CU serves more than 89,000 members.