Certificate of Deposit Credit Union

Bellco Federal Credit Union is a trustworthy place to grow your money with a Certificate of Deposit. Members can avail themselves of share certificates as well as savings and checking, loans and credit cards, and various other financial products and services.

Member-owned, Bellco Federal Credit Union operates as a non-profit where each participant has an equal say in the operations, a lifetime membership, and access to all of our financial products, services, and conveniences. Since 1938, when we began as Bell Telephone Credit Union, we have worked for the community and the people, and we continue to do so to this day.

Introduction to Certificates of Deposit (CD)

A Certificate of Deposit is a method of investment that promises a specific return rate depending on the period of time selected for the investment. This savings method provides a higher return than a savings account because of the promised term, and investors generally will face a penalty if they end up withdrawing the money before the term ends.

The NCUA, or National Credit Union Administration insures a CD deposit, like any other deposits, to Bellco FCU up to $250k.

Money deposited into Certificates of Deposit at Bellco Federal Credit Union provides us with the means to cover overhead and lending. Not only will you receive a much higher rate on your investment, but you will be helping the individuals and small businesses in Berks County, PA, progress when you opt for a share certificate .

Incentive for Investing in a Certificate of Deposit (CD)

  • Earn higher interest rates

  • Plan for retirement

  • Set period of investment

  • Federally insured

  • Plan for college

  • Plan for anniversaries, birthstones, and other milestones

  • Mitigate risk

When you open a CD with Bellco FCU, you get better rates with longer terms. The longer period of time that you’re willing to invest your money, the greater degree of interest you’ll receive.

Our members can choose the period that works best for them, with a term as short as six months ranging all the way to five years. You won’t face any fees related to opening or maintaining the CD; although, the minimum deposit is $500.

Gain Access by Joining Bellco FCU

To secure a Certificate of Deposit through Bellco FCU, you’ll need to be a member-owner of the credit union. We serve the community of Berks County, so to join, you must meet one of the following qualifications:

  • Resident of Berks County

  • Employee of business within Berks County

  • Student of a school in Berks County

  • Attend worship services in Berks County

  • Immediate family member (spouse, parent, child, sibling) of an existing Bellco FCU member

Once you verify that you qualify to join, you’ll only need to deposit $5 into a Primary Savings account. This deposit is your buy-in to the community, and you’ll have an equal voice in the operations of Bellco FCU as any other member, regardless of the amount on deposit.

This membership will last for your lifetime even if the qualifying factors that made it possible for you to join change. You may graduate, retire, change worship centers, or move away, but you will still be a Bellco FCU member with all of the benefits that joint ownership-membership brings.

As you evaluate how to best grow your money, consider investing in a Certificate of Deposit at Bellco Federal Credit Union. Call today at (610) 373-5192 and ask about our 20-Month CD Special with a 3.04% APY! You can also contact us online by clicking here.