Berks County Banks and Credit Unions
Deciding between banks and credit unions in Berks County, PA, can be a challenge. Learn more about the services provided by Bellco Federal Credit Union, then join today and enjoy high rates and rewards and the kind of efficient, friendly service only a credit union can provide.
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.
Although credit unions have grown more popular as an alternative to traditional for-profit banks and financial institutions, many people don’t know how we work and what we offer.
Credit Unions Offer Low Fees and Competitive Rates
Banks exist to earn as much money as possible for their stockholders. Credit unions were created to enable people to pool their financial resources to help themselves and other members of their community.
Bellco FCU’s earnings from interest on loans and credit cards are returned to members in the form of lower rates on loans and credit cards, higher rates on savings, and fewer fees for checking accounts and other convenient services.
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.
Credit Unions are Convenient
Most traditional banks offer many satellite branches, large networks of ATMs, 24/7 call centers, and online or mobile banking services. Credit unions, however, operate under federal and state regulations that keep them from opening up branches and ATMs wherever they want in the world. But this doesn’t mean we don’t offer the services you need!
Bellco FCU has two convenient branches in Wyomissing and Sinking Spring, PA. Members can also do business at thousands of participating branches and ATMs in the CO-OP Credit Unions network across the nation and around the world.
We 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.
Joining a Credit Union is Easier Than You Think
Credit unions are community driven and typically serve people with a common bond. For example, employers often sponsor their own credit unions, such as the Firefighters First Credit Union and the Pentagon Federal Credit Union.
This means there are rules about who can join, but you may be surprised to learn 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, including immediate family members, such as your 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. And, once you join Bellco FCU, you may remain a member for the rest of your life, even if you change jobs, retire, or move away from Berks County.
As you compare banks and credit unions in Berks County, PA, consider Bellco FCU. Whether you are looking for home lending solutions, credit or debit cards, auto loans, or an excellent savings program, we have a product that will meet your needs.