Business Banking in Berks County, PA
Before you head to your local bank in Berks County, PA, to take care of your business banking needs, consider the benefits of joining Bellco FCU, such as lower fees and more personalized service.
It has been nearly 80 years since Bell Telephone employees formed Bell Telephone Credit Union in 1938. Today, Bellco Federal Credit Union remains a member-owned, not-for-profit federal credit union, and continues to offer unique financial products and services to people and small businesses in Berks County, PA.
How Credit Unions Differ from Banks
Banks exist to maximize profits 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 provides a level of service that is generally not available at other banks and financial institutions. Our earnings from interest on loans and credit cards are returned to members in the form of low-interest rates on loans, high-yield investment accounts, and low- or no-fee easy access account services.
How Credit Unions Can Benefit Your Business
As you build your business, the ability to form a relationship with a community credit union you can trust, one with your best interests at heart, can make all the difference in the world.
Credit unions are often more attuned to market conditions in your neighborhood and more willing to work with you based on your character and complete profile, instead of looking at you only as a credit score.
Bellco FCU is also friendlier than a bank! Our dedicated and experienced professionals genuinely listen to your needs and offer solutions with the compassion of a true neighbor. As a not-for-profit organization, we’re free to make decisions to benefit members rather than seeking to please stockholders.
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. You’ll be able to participate in making decisions and creating policy.
Bellco FCU offers a variety of products and services that support your business objectives, such as no-minimum-balance business checking and savings accounts, low-interest rates on loans, and a variety of free account management services.
We also offer virtually all of the same technological amenities you would find at your local bank, such as internet banking, now offer virtually all of the same technological amenities as any bank, such as online and mobile banking, and debit cards.
Your deposits are insured by the federal National Credit Union Administration (NCUA), in a similar fashion as bank deposits are insured by the Federal Deposit Insurance Corporation (FDIC). Both organizations provide insurance coverage on deposits up to $250,000 per customer.
Who Can Join Bellco FCU?
Bellco FCU membership is open to individuals who live, work, worship, or attend school in Berks County, PA, and their immediate family members. If you are not already a member, consider opening a Bellco Business Savings account. Deposit a minimum of $5 to establish and maintain your membership, and take advantage of other Bellco FCU accounts and services.
When you have business banking needs in Berks County, PA, Bellco FCU provides you with superior rates for loans and savings and charges you lower and fewer fees. Become a member today; we can be your greatest business ally!