With 2020 in the books, I’d love to look at my finances to get on track for 2021. How do i start? This question is asked more then you may think. Having a financial review at the end of a year is important in helping prepare you for financial success in the year to come. This simple step-by-step process can get you ready to grow financially for the coming year. End-of-Year Review Process Giving yourself an end-of-year financial review is a wonderful way to check on the progress you’ve made toward your goals, highlight areas needing improvement and update your accounts, funds and investments. Here’s all you need to know… read more »

The world has changed from COVID-19. People are relying on technology now more than ever to accomplish their daily tasks. From groceries delivered right to your door from an app, to Zoom meetings with team members from the comfort of your home, the dependency on technology has grown to new heights since 2020. Banks and credit unions are no exception to the mobile and online technology movement. One of the most beneficial and easy tools at Belco is our Mobile Deposit feature. While this tool has been around a long time, many people do not take advantage of Mobile Deposit because they may not be aware of how it can… read more »

For most people, a checking account acts as the mothership of their financial life. Paychecks are deposited, bills are paid, cash is withdrawn, and debit cards are connected—all from this one place. Essentially, checking accounts are the home base for our everyday financial activity. But what are the benefits of a checking account? In this blog, we’ll explore the top 10 checking account benefits so that you can take full advantage of them. Top 10 Checking Account Advantages From earning interest to accessing online banking tools—these are not the same checking accounts your grandparents once had. By leveraging checking account benefits, you can manage your money more efficiently and improve… read more »

Many of us are guilty of opening a checking and/or savings account but not fully understanding their benefits or how to use them properly to make the most of our money. Each account has a different purpose and function, so understanding the differences helps you choose the right combination for you. This can help you manage your personal finances, minimize overspending and make your hard earned money go further. What Is A Checking Account? A checking account allows you to write checks, or withdrawal funds, as an everyday way to pay others. In the not so distant past, this was primarily done in the form of paper checks – documents… read more »

The amount of money you keep in your checking account is important. Since the goal of a checking account is to process transactions, checking accounts shouldn’t necessarily hold a large sum of money. Rather, they should provide enough funds to cover the transactions you plan to make within any given period of time. Breaking Down How Much Money To Keep In Checking Account When you learn how much money to keep in your checking account, you can make sure your funds are working for you in the best way possible. There are a few things to consider. Money Going In, Money Going Out The key factor to keep in mind… read more »