Headquartered in Colorado State, Bellco Credit Union is a member-driven institution and a financially diverse organization. Here is an overview of the story of Bellco: ### History
– **Founding**: Bellco Credit Union was organized in 1936. Originally chartered as the Bell Telephone Credit Union, it was chartered to serve employees of the Bell Telephone Company and their families. The founding concept was to offer a financial cooperative that would provide affordable loans and savings to its members.
– **Evolution**: This has also changed over the years. What had started as a small, employee-based credit union became a community-oriented financial institution, so its name was changed to Bellco Credit Union to represent its members better than a localized definition of Bell Telephone employees.
– **Growth**: Over the years, Bellco has grown tremendously both in terms of membership and services offered. It occupies a position among the most significant credit unions in Colorado State and serves many different individuals and various businesses across the state.
### **Operations**
– **Membership**: Bellco serves members in the Denver metropolitan area and surrounding communities. Any person who lives or works in certain counties in Colorado, and his family members, are eligible to join the credit union.
– **Services**: There is a full package of financial services that Bellco provides for its members, including the following:
– **Savings Accounts**: Traditional savings, high-yield savings, and certificates of deposit.
– **Checking Accounts**: There are various options for checking accounts, some offering no monthly fees, with ATM fee reimbursements, among other things.
– **Loans**: Personal loans, vehicle loans, home loans, and home equity lines of credit.
– **Credit Cards**: Credit cards available with varying rewards and benefits.
– **Investment Services**: Financial planning and investment advisory services, retirement accounts.
– **Technology**: Bellco has embraced digital banking in the form of an online banking platform and a mobile banking app where members can do all types of account management, pay bills, transfer funds, and various other services across devices.
### **Community Involvement**
– **Philanthropy**: Bellco engages in community activities and various other charitable efforts. They give to and often sponsor local organizations and causes, sometimes providing volunteerism from employees.
**Financial Education**: The credit union provides resources and programs by which members can improve their financial literacy. This comes in the form of workshops, seminars, and online resources to help guide financial knowledge and planning.
### Corporate Culture
– **Member-Focused**: Bellco, as a credit union, is member-owned and not for profit. What this principle says, in essence, is that it is there for its members- not shareholders.
– **Values**: It focuses on key values such as integrity, transparency, and community service. Its mission is to offer great financial services, assistance, and a great deal of positivity within the communities it serves.
### **Recent Developments**
– **Innovation**: Bellco is always up for innovation and keeps including new technologies and services to meet the changing needs of its members. These include updated digital banking and expansion of offered financial products.
– **Expansion**: Further expanding its physical presence, the credit union has added new branches and ATMs to better serve its members.
Your welcome to ask any specific questions you have about Bellco or find information about any aspect of this credit union!