It’s Valentine’s Day. While the chocolate will be eaten immediately, and the flowers will wither within days, Belco Community Credit Union’s (Belco) 11-month Certificate Special, earning a timely 2.14% APY, will be accruing dividends until almost next Valentine’s Day. This limited-time offer requires a minimum opening deposit of $500 of new money, with no stated balance cap.
As stated in the Truth-In- Savings disclosure, the Early Withdrawal Penalty reads as follows:
Terms of 0-12 months, up to 90 days of interest.
Headquartered in Harrisburg (PA), Belco Community Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, worship, attend school, or volunteer in the Pennsylvania counties of Adams, Cumberland, Dauphin, Lancaster, Lebanon, Perry, and York, eligible for membership.
Joining Belco and/or opening a Certificate Special can be done at any of 15 branches located in Camp Hill, Carlisle (2), Gettysburg, Hanover, Harrisburg (4), Lancaster (3), Lebanon, Mechanicsburg, and Newville.
The membership application is available for download to expedite the application process.
Credit Union Overview
Belco Community Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas Ratio of 10.35% (excellent) based on September 30, 2017 data. In the past year, Belco has increased its total non-brokered deposits by $109 million, an excellent annual growth rate of 27.64%. Please refer to our financial overview of Belco Community Credit Union (NCUA Charter # 68256) for more details.
Belco Community Credit Union was originally chartered in 1939 as the Belco Federal Credit Union, with 25 Bell Telephone Company employees each contributing $5. At the end of two years of operation, the membership had grown to about 400 members. The Credit Union converted to a community charter in 2005 to expand its membership base. Belco is currently the 15th largest credit union in Pennsylvania, with more than 64,200 members and assets in excess of $586 million.
How the Certificate Special Compares
When compared to the 258 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and are available within the FOM, Belco Community Credit Union's 11-month Certificate Special APY ranks first.
The above rates are accurate as of 2/14/2018.
To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.