Credit Union Savings Accounts
When big expenses arrive, do you find yourself short of funds?
With Bellco Federal Credit Union Savings Accounts, member-owners can rack up funds for holiday spending, vacations, educational expenses, and more! Never find yourself without the cash to take advantage of a great opportunity.
A federal credit union like Bellco FCU has many similarities to banks, offering the same services - including checking and savings accounts. Credit unions may not have as many branches, but they can provide higher returns on savings deposits, meaning you’ll reap more benefits when you save for a long time.
About Bellco FCU
Bellco Federal Credit Union, owned by its members, is a nonprofit organization that serves the individuals and small businesses of Berks County, PA, with a range of financial products and services, provided with consideration and professional guidance. We have a branch in Wyomissing and one in Sinking Spring, but our members can access accounts worldwide.
We began as Bell Telephone Credit Union in 1938 and strive for excellence daily. Rather than working for shareholder profits, we pay our efforts forward to members through savings and individual review. Be a member, not a number, when you join Bellco FCU.
Like other credit unions, Bellco FCU does require that you fall within a particular group. We serve Berks County, so to qualify for membership, you should be a husband or wife, parent, child, sibling, grandparent/child of an existing member, resident, worker, worshiper, or student in the county.
Once you’re a member, you’ll be a member for life. Even if you move across the country, you can enjoy access to your accounts via phone, mobile account and app, and surcharge-free ATMs throughout the US.
As a Bellco FCU member, you’ll be able to take advantage of our entire line of financial products and services. From checking to mortgages, vehicle loans, and retirement plans, count on us to thoughtfully and completely meet your financial needs.
Savings Accounts - Credit Unions versus Banks
Lower and fewer fees and a greater return with a credit union savings account
Membership is required with a credit union
A savings account at a bank or credit union begins with deposits of funds into the account. The money deposited is insured by the FDIC for banks and the NCUA for federal credit unions. While your money is on deposit, it earns interest. The greater the amount of money in the account, the greater the interest earned.
The interest rate earned on savings deposits is the APY, or annual percentage yield, and will vary depending on the institution and the type of account. Credit unions generally offer higher APY rates than banks.
Bank saving accounts charge fees for various occasions - ATM fees, monthly minimum fees, and more. Bellco FCU has none of these fees. The only requirement is to keep a minimum of $5 on account. This Primary Savings Account will maintain your buy-in to the federal credit union.
Since you own an equal portion of the credit union as any other member, you have an equal say in the operations. On the other hand, bank customers are just customers, nothing more.
Bellco FCU Savings Account Options
Primary Member Savings Account
Club Savings Accounts (Holiday or Vacation)
Money Market Accounts
IRA Retirement Savings Accounts
Youth Account Services
Share Certificate Services
Whether your savings goals are small or large, choose Bellco Federal Credit Union savings accounts. Click here to become a member.