Bellco CU (CO) is headquartered in Greenwood Villa and is the 2nd largest credit union in the state of Colorado. It is also the 55th largest credit union in the nation. It was established in 1936 and as of December of 2013, it had grown to 387 employees and 225,838 members. Bellco CU (CO)'s savings rates are 3X the national average, and it boasts a A+ health rating.
There are four simple ways to make the switch to Bellco: LOCATION: If you live or work in any of the following areas, you are automatically eligible to join Bellco: Adams County; Arapahoe County; Broomfield County; Denver County; Douglas County; Garfield County; Jefferson County; Mesa County; Moffat County; Rio Blanco County; City of Lafayette, CO; City of Louisville, CO; Town of Superior, CO. FAMILY: If anyone in your family is a Bellco member then you are eligible for membership, too. EMPLOYER: If you work for a company that is a Bellco Select Employee Group (SEG). Check our list of employee/association groups. CONSUMERS UNITED ASSOCIATION: Bellco is affiliated with Consumers United Association (CUA), a nonprofit advocacy group educating consumers on financial issues. Members of CUA are automatically eligible to join Bellco. - See Details
I have been a Bellco Customer since, at least, 1996. I have trouble logging into their online banking, my wife never does, so I guess this is my issue. When I call their customer service department they are helpful and my account is quickly unlocked.
I have never had issues with their fees. I have had a couple auto loans with them. All of my checking, savings, and direct deposit is with them.
I don't like there rates for PLOCs compared to other banks. I just read reviews for those same banks and they were so bad I thought I would check out the reviews for Bellco.
Since There were no reviews I thought I would add my .02 to say...
No real troubles with Bellco on my end.
I have banked with Bellco for over 12 years and couldn't complain. They have good rates on their loans and credit cards. They recently increased some of their fees, but they are still way less than other banks.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Bellco CU (CO) had $18.5 million in non-current loans and owned real-estate with $313.47 million in equity and loan loss allowances on hand to cover it. This gives Bellco CU (CO) a Texas Ratio of 5.90% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Bellco CU (CO) held steady from 5.17% as of December 31, 2012 to 5.90% as of December 31, 2013, resulting in a negative change of 14.10%. This indicates that the balance sheet and financial strength for Bellco CU (CO) has held steady in recent periods.
In the past year, Bellco CU (CO) has increased its total deposits by $166.02 million, resulting in 8.57% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bellco CU (CO) has shown is excellent.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bellco CU (CO) has $2.47 billion in assets with $313.47 million in equity, resulting in a capitalization level of 12.71%, which is excellent.
|Assets and Liabilities|
|Equity Capital||$275.01 million|
|Loan Loss Allowance||$38.46 million|
|Unbacked Noncurrent Loans||$17.37 million|
|Real Estate Owned||$1.13 million|
|Historic Data - December 2012|
|Equity Capital||$257.63 million|
|Loan Loss Allowance||$27.04 million|
|Unbacked Noncurrent Loans||$17.37 million|
|Real Estate Owned||$698,000|
|Profit Margin - Quarterly|
|Net Interest Margin||4.93%|
|Return on Assets||0.81%|
|Return on Equity||7.27%|
|Interest Income||$99.60 million|
Always verify rates and promotions with the bank or credit union. We are not Bellco CU (CO), we are a rate comparison website and can not provide official rates or promotions.
|1.50%||$500||-||60 Month HSA CD|
|1.20%||-||$500||Youth Savings Account|
|0.75%||$500||-||36 Month HSA CD|
|0.50%||$500||-||24 Month HSA CD|
|0.40%||$500||-||12 Month HSA CD|
|0.25%||$100k||-||Roth IRA Account|
|0.25%||$100k||-||Coverdell Education Savings Account|
|0.20%||$25k||-||HSA Checking Account|
|0.05%||-||-||Christmas Club Account|
|0.05%||-||-||Surprise Savings Account|
|0.05%||$100||-||Basic Business Savings Account|
|0.40%||$250k||-||Business Premier Money Market Account|
|0.35%||$100k||-||Business Money Market Account|
|0.25%||$250k||-||Premier Money Market Account|
|0.10%||$25k||-||Member Money Market Account|
|0.15%||$50k||-||Platinum Checking Account|
|1.50%||$500||-||60 Month CD|
|1.50%||$500||-||Business Regular CD 60 months|
|0.75%||$500||-||36 Month CD|
|0.75%||$500||-||Business Regular CD 36 months|
|0.65%||$2,500||-||36 Month Smart Move CD|
|0.55%||$2,500||-||30 Month Smart Move CD|
|0.50%||$500||-||24 Month CD|
|0.50%||$500||-||Business Regular CD 24 months|
|0.45%||$2,500||-||24 Month Smart Move CD|
|0.45%||$100k||-||12 Month Jumbo CD|
|0.40%||$500||-||12 Month CD|
|0.40%||$2,500||-||18 Month Smart Move CD|
|0.40%||$50||-||12 Month Youth CD|
|0.40%||$500||-||Business Regular CD 12 months|
|0.30%||$100k||-||6 Month Jumbo CD|
|0.25%||$500||-||6 Month CD|
|0.25%||$500||-||Business Regular CD 6 months|
|0.15%||$500||-||3 Month CD|
|0.15%||$500||-||Business Regular CD 3 months|
|1.50%||$500||-||60 Month IRA (Traditional,Roth,CESA)|
|0.75%||$500||-||36 Month IRA (Traditional,Roth,CESA)|
|0.50%||$500||-||24 Month IRA (Traditional,Roth,CESA)|
|0.45%||$100k||-||12 Month Jumbo IRA (Traditional,Roth,CESA)|
|0.40%||$500||-||12 Month IRA (Traditional,Roth,CESA)|
|0.30%||$100k||-||6 Month Jumbo IRA (Traditional,Roth,CESA)|
|0.25%||$500||-||6 Month IRA (Traditional,Roth,CESA)|
|0.15%||$500||-||3 Month IRA (Traditional,Roth,CESA)|