Benefits of Banking with a Credit Union

Large for-profit financial institutions are not your only option for banking in Berks County, PA. Consider Bellco Federal Credit Union. We provide a wealth of benefits in the form of fee-free checking and savings accounts, competitive rates on car loans and home mortgages, and credit cards with great incentives and innovative features.

Originally known as the Bell Telephone Credit Union, Bellco FCU, a member-owned, not-for-profit federal credit union, opened its doors in 1938 and continues to provide unique financial products and services to individuals and small businesses in Berks County.

While banks exist to earn money for their stockholders, credit unions were created to enable people to pool their financial resources to help themselves and other members of their community. When you join a credit union like Bellco FCU, you become a partial owner and have an equal voice in how your credit union is run, no matter how much money you have on deposit.

Convenience of Bellco FCU

Banks are able to offer many branches and large networks of branded ATMs. Credit unions, on the other hand, operate under different federal and state regulations that prevent us from opening up branches and ATMs everywhere in the world. 

We are just as convenient as the major banks, however, because our branches are located right in the communities we serve, in Wyomissing and Sinking Spring, PA.

In addition, members can perform financial transactions at thousands of branches and ATMs across the nation and around the world that participate in the CO-OP Network, which is owned by credit unions. This is called “shared branching” and enables members to cash checks, withdraw money, make deposits and loan payments, transfer funds, and more.

Bellco FCU also provide members with nationwide access to thousands of surcharge-free ATMs; fast, free, and easy to use online banking and bill pay services; and three convenient forms of mobile banking via web browsing, app download, and text banking. 

Who Can Join Bellco FCU?

Credit unions typically serve groups of people with something in common. For example, employers often sponsor their own credit unions, such as the Firefighters First Credit Union and the Pentagon Federal Credit Union. There are rules about who can join, but you may be surprised to find that becoming a member is easier than you think!

Bellco FCU offers membership to people who live, work, worship, or attend school in Berks County, PA, including their immediate family members, such as a spouse, children, siblings and parents. 

By opening a primary Member Savings account with as little as $5 and following a few simple steps, you can become a member. Once you join, you may remain a member forever, even if you change jobs, retire, or move away from the Berks County area. 

Enjoy banking benefits you simply can't get from a bank at credit unions like Bellco FCU in Berks County, Pennsylvania. We are dedicated to helping our members and their families build better lives. Get in touch with us today to learn more!