To help manage existing member business loans and develop newrelationships, SELCO Member Business Services has a new addition toits team.

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Mike Donaca is the division's new vice president and businessloan officer. He has more than 16 years of experience in thefinance and banking industry, according to the $1 billion SELCO Community Credit Union in Eugene Ore. For the past tenyears, Donaca has specialized in commercial lending.

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Donaca will be available to help businesses in the Bend andRedmond region with their commercial real estate loans,construction loans, business lines of credit and term commercialloans, the credit union said.

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SELCOCommunity CU recently spoke about having to turn away membersbecause of its member business lending cap.

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