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					                                 Media Advisory

April 14, 2008


FOR IMMEDIATE RELEASE

CONTACT: Bonnie B. Larson, VP of Marketing, SELCO (541) 686-5394


               SELCO Hosts Fifth Annual ShredFest Event
Credit union provides free shredding of outdated financial documents as part of a
         larger focus on consumer security and identity fraud prevention.

Eugene, Ore., April 14, 2008—As many of us wrap up our tax filing, there’s only
one last thing to do—make some room in our file drawers for this year’s
paperwork. SELCO Community Credit Union and CDI Vaults are partnering to
help local consumers to free up some much-needed storage space. The SELCO
Gateway location will once again be the site of the Fifth Annual SELCO
ShredFest. Cars, vans, and pickups filled with bags and boxes of old documents
will line up in the parking lot, where team members from SELCO and local
document-management company, CDI Vaults, will transfer the tons of paper into
trucks for free, secure, onsite shredding and recycling.


The event is scheduled for Saturday, April 19, from 10:00 am until 2 pm at the
SELCO Gateway Financial Center at 925 Harlow Road in Springfield.


SELCO is the first financial institution in the region to host such an event, which
was originally born from a member suggestion submitted to the institution’s
telephone service center. “A member was wondering how to dispose of her
sensitive documents, and didn’t know where else to turn,” relates Jan Burch,
Director of Community Involvement. “As a credit union that prides itself on
responding to the needs of our members, we thought this was something we

SELCO Community Credit Union ▪ PO Box 7487 ▪ Eugene, OR 97401-0487 ▪ 800-445-4483 ▪ selco.org
                                           SELCO Hosts Fifth Annual ShredFest Event, continued
                                                                                   Page 2 of 3


could try. The response was overwhelming, and we continue to receive positive
member feedback every year. ”


There is no cost for the onsite shredding service, and SELCO members and the
general public are invited to bring up to one trunkload of documents for
shredding. Documents including staples, paper clips, and even rubber bands are
accepted.


The ShredFest has grown to become a key component to SELCO’s established
leadership role in the area of account security and consumer fraud protection. In
addition to this annual event, SELCO has implemented other products and
services to continue the battle against identity fraud, beginning with its early
adoption of Online Banking in 1994, continuing with such services as Bill Payer in
the late 90s, paperless eStatements in 2004, the implementation of the SELCO
“Safe Squad” section on the selco.org website in 2006, and its Identity Protection
checking-enhancement package released in May 2005.


A SELCO exclusive, the Identity Protection feature notifies the user by email or
cell phone any time it detects certain pre-selected activities on the user’s Equifax
credit file. The package also includes customizable email alerts, “no news is
good news” monthly messages when no activity is detected, and a generous
$20,000 in Identity Fraud Recovery Insurance in the event that fraud does occur.
This package is an optional enhancement to the SELCO Select Checking
Account. Offered elsewhere for a retail cost of $9.95 or more per month, SELCO
offers an enhanced version for only $5 per month, and is also available at no cost
for many members with certain account relationships.


With a network of 13 branch offices located throughout western and central
Oregon, SELCO Community Credit Union provides services to nearly 80,000
members locally and worldwide.


SELCO Community Credit Union ▪ PO Box 7487 ▪ Eugene, OR 97401-0487 ▪ 800-445-4483 ▪ selco.org
                                           SELCO Hosts Fifth Annual ShredFest Event, continued
                                                                                   Page 3 of 3


SELCO’s members can access their accounts through a variety of convenient,
no-cost options including online banking, phone banking, online loans, bill
payment, electronic statements, and no-surcharge ATMs.


For more information about SELCO visit selco.org.


CDI Vaults is an Oregon-based document management company providing a full
range of services, including document and data storage, software escrow,
document shredding and secure data destruction, and more. For more
information about CDI Vaults, visit cdivaults.com.


                                            END




SELCO Community Credit Union ▪ PO Box 7487 ▪ Eugene, OR 97401-0487 ▪ 800-445-4483 ▪ selco.org

				
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