Belco Community Credit Union is headquartered in Harrisburg and is the 17th largest credit union in the state of Pennsylvania. It is also the 487th largest credit union in the nation. It was established in 1939 and as of December of 2019, it had grown to 179 employees and 66,838 members at 15 locations. Belco Community Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Belco Community Credit Union is open to anyone who lives, works, attends school, worships or volunteers in Cumberland, Adams, Dauphin, York, Lebanon, Lancaster or Perry Counties in Pennsylvania.
See current membership details
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Belco - Best place to get a loan
Belco Credit Union is by far one of the best credit unions in my area. They offer many different types of loans and accounts. My first experience with them was when I needed a loan for a boat. They were more than willing to go into detail with each and every item on the sale form. I was approved and was able to go into a Belco office within an hour to sign the official paperwork. The agent made sure that I understood everything. When I decided to buy a car, I was apprehensive because my credit was not the greatest and I didn't think I would get a good rate. After trying different banks/companies I decided to try Belco. I was approved instantly and was given a low rate. The lady who helped me called me daily through the process to update me on the approval and the paperwork etc...I found a car on a Thursday and was driving it off the lot Saturday. I was able to go pick up the loan check Friday and it was a smooth process. I recommend Belco to anyone who needs a loan.
Hit You With Fees Left And Right
I banked there for several years and they were fine. Then they started hitting me with fees left and right. They started acting more like a bank. Their phone help became smarmy and sarcastic. Their web site makes it hard or impossible to find basics like what hours you can call for service or the link to their online banking. I am very happy to be taking my business elsewhere.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68256 |
| Year Chartered | 1939 |
| Employees | 179 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.03% |
| Return on Equity - YTD | 10.03% |
| Annual Interest Income | $26.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $633.7MM$613.6MM |
| Loans | Q4 2019vs Q4 2018 | $456.6MM$451.2MM |
| Deposits | Q4 2019vs Q4 2018 | $546.4MM$522.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $64.2MM$57.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $3.4MM$3.9MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $4.7MM$4.9MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $245.00K$722.00K |
