Oregon Business - Navigating Rough Waters : vimarsana.com

Oregon Business - Navigating Rough Waters


Navigating Rough Waters
Bob Newcomb, CEO of SELCO Community Credit Union, forecasts a bumpy economic recovery.
As a lender, SELCO Community Credit Union played an important role in distributing government stimulus money to individuals and businesses hit hard by the pandemic-driven recession.
Now that those economic stimulus programs have ended, Newcomb sounds a note of caution that the economic recovery may be long and choppy as it rebounds from its near global collapse in the second quarter of 2020.
This interview has been edited for length and clarity
How has the economic upheaval unleashed by the pandemic influenced your lending strategy?

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