March Newsletter

Six Days of Savings

Now that spring is near, it’s time to dust off your Irish gear and join Bellco at this year's Denver St. Patrick’s Day Parade. As the proud presenting sponsor for the past 13 years, we’re bringing back our weeklong pre-celebration in all Bellco branches and online leading up to the St. Patrick’s Day Parade on Saturday, March 16.

SIX DAYS OF SAVINGS
March 11–16

Our Six Days of Savings celebration is happening from Monday, March 11, to Saturday, March 16. The celebration will take place in all Bellco branches and online, with incredible deals on our Colorado Rewards credit card and our home equity ChoiceLine. These offers will only be available for six days, so be sure to visit a Bellco branch or Bellco.org/SixDays during that week.

ST. PATRICK’S DAY PARADE
Saturday, March 16

Join us on Saturday, March 16, in LoDo for the Denver St. Patrick’s Day Parade. The parade will get underway at 9:30 a.m., starting at 19th and Wynkoop and ending at 27th and Blake. This year, we'll be focused on giving back to our charity of the month for March, Share Our Strength's Cooking Matters Colorado. Parade attendees will be given a special code they can use to text a donation during the parade. When they do, Bellco will match their donation dollar-for-dollar up to $10,000

To learn more about the parade, visit DenverStPatricksDayParade.com. For details about Six Days of Savings, visit Bellco.org/SixDays or follow us on Facebook and Twitter.

Energy Savings

With winter still looming and warmer weather just around the corner, it is always worthwhile to fine-tune your energy consumption to save a little money. Homeowners are often surprised at the number of overlooked energy loads they have in the house after taking an inventory of energy use.

The Thermostat
The simplest and most effective energy savings happens at the thermostat. Changing the temperature by only a couple of degrees has a significant impact on energy use. A good rule of thumb is to keep it set to 68 or below for winter and 78 or above for summer.

The Sun
Use the sun to your advantage in the winter by opening blinds and drapes to let the sun shine in to warm your home. And in the summer, close them to block the warmth coming in the house.

Unplug
With today’s technology, off doesn’t always mean off, it usually means Standby mode. Leaving electronics and small appliances plugged in uses energy that is then essentially wasted. Unplug the less frequently used devices and appliances to reduce waste and decrease costs.

Lights
Everyone is guilty of leaving lights on that they’re not using, but it is one of the simplest things to do to reduce energy consumption: Turn the lights off when you’re the last one to leave a room. And on the topic of lights, replace incandescent bulbs with LED bulbs to reduce lighting energy by up to 80%. 

Water Heater
Set your water heater to about 120 degrees. This is plenty hot for cleaning needs, plus it reduces scalding risk and can extend the life of your water heater. For more energy savings, insulate the heater and any exposed hot water pipes.

Weatherize the Home
Air leaks are one of the most significant causes of energy loss in your home. The most common culprits are vents, doors and windows. Inspect these areas for any gaps or cracks and fill them accordingly to stop the loss of conditioned air in your home.

Energy Efficient Appliances
While not the most inexpensive method to reduce energy costs, energy efficient appliances can significantly reduce energy consumption, which translates to savings over time. When purchasing energy efficient appliances, compare the cost of the appliance to its annual operating cost to determine your savings and return on investment. Also, look for appliances with the ENERGY STAR label for guaranteed operating efficiency.

Doing just a few of these tips can have an impact on your energy use and your energy bill. Start with the low-to-zero-cost options and you might be surprised by how much energy and money you’ll start saving each month.

Helping Erase Market Volatility Fears

It’s only natural for investors to experience some level of anxiety given the recent fluctuations in the stock market. But obsessing over market activity and its effects on investments can only make matters worse. The best approach to weathering volatility in the markets, which is largely beyond our control, is to have a long-term investment strategy. Most successful investing is goal-focused and plan-driven rather than reacting (or overreacting) to market news.

Long-Term Investing Requires a Plan
Stock markets often get rattled when the outcome of major events seems cloudy or unexpected—and sometimes volatility appears for seemingly no reason at all. The bad news is that this is bound to happen. The good news is if you have time to stay invested, and you are invested in a diversified asset mix that reflects your time horizon, financial situation, and risk tolerance, you can ride it out.

Putting together a personal financial plan that takes into consideration the fluctuations in the market, along with your short- and long-term goals, is a wise way to approach investing.

Financial Advice is Available Now
The CFS* Financial Advisors serving Bellco, available through CUSO Financial Services, L.P., can help explain how market fluctuations relate to your portfolio, and help you create an investment plan that is based on your time frame, financial circumstances, risk tolerance, and goals to help weather whatever the market throws at you.

If you have questions on investing and/or retirement planning, contact a CFS* Financial Advisor today. Call 303-728-3443, email cfsinvsrefs@bellco.org, or stop by any Bellco branch to schedule an appointment to review your options.

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Bellco Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

CUSO Financial Services, L.P. (CFS), does not provide tax or legal advice. For such guidance, please consult your tax and/or legal advisor.

Cooking Matters Colorado

In March, Bellco will collect donations for Share Our Strength's Cooking Matters Colorado, a nonprofit program that helps parents and caregivers struggling with limited food budgets learn how to shop for and cook healthy, affordable meals. 

Please consider donating to this charitable cause through Bellco’s Charity of the Month page. To learn more about Cooking Matters Colorado, you can visit them at co.cookingmatters.org.