Our Promise to our Members
In light of recent events surrounding several bank failures, we want to reassure our members that Belco is a well-capitalized, safe and secure financial institution. Belco is federally insured by the NCUA (National Credit Union Administration), and members can be certain their accounts are insured up to $250,000. The National Credit Union Share Insurance Fund (NCUSIF) has the backing of the full faith and credit of the U.S. Government.
Our board, leadership, and management continue to monitor the market and provide solid risk management and oversight.
Since 1939, our mission remains the same – We are a locally based, not-for-profit credit union dedicated to meeting the needs of the communities we serve through exceptional service and financial education.
If you have questions about how to maximize your share insurance, or want to learn more about our products, services and rates, please visit any of our 15 branch locations or call us at 800.642.4482.
For more information regarding your protection as a member, please visit mycreditunion.gov or review the NCUA Coverage Overview document.
View video message from Amey Sgrignoli, President & CEO