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Belco's Online Banking

Archive for August, 2019

The Beginner’s Guide To HELOCs

access_time Posted on: August 16th, 2019

If you’re a homeowner in need of cash, a home equity line of credit might be for you. There are many ways to get the money you need these days. Depending on your circumstances, it can serve as a great alternative to a loan, credit card, or borrowing from a loved one. What is a HELOC? Reasons to use a HELOC Reasons to avoid HELOCs HELOC risks HELOC alternatives Is a HELOC right for you? What exactly is a HELOC? A home equity line of credit (HELOC) is like a second mortgage on your house in exchange for cash. The amount of money you can get is based on the… read more »

Please be aware of fraudulent text messages targeting Belco members. We have received several reports of members receiving messages that appear to be from Belco. THESE MESSAGES ARE NOT FROM BELCO COMMUNITY CREDIT UNION. If you receive a message claiming to have a hold on your account, DO NOT click the on the link. Delete the message and block the number.