February 2021 Newsletter

We're proud to announce that Bellco's 26th branch, located in the Green Valley Ranch neighborhood, is now officially open. The Green Valley Branch, conveniently located at 18241 Green Valley Ranch Blvd. in the Gateway Crossing Shopping Center, will provide greater accessibility to members who live and work in the Northeast Denver and Northwest Aurora areas. 


The newly built branch has a full-service lobby open Mondays through Saturdays with a drive-up teller lane and a 24-hour drive-thru ATM lane. For our most up-to-date lobby and drive-thru hours, please visit our Resource Center.

Green Valley Branch
18241 Green Valley Ranch Blvd
Denver, CO 80249

Lobby:
10:00–2:00 M–F
9:00–1:00 Sat

Drive-up Teller Service
9:00–5:30 M–F
9:00–1:00 Sat

 

If you'd like to learn more, including how to schedule an appointment with branch staff, please visit our Green Valley Branch page.

Bellco is proud to participate in America Saves Week (February 22–26), an annual celebration and call to action for Americans to commit to saving successfully. While the past year has had its share of economic challenges, it's been an important reminder that saving for unplanned emergencies remains a wise financial strategy.

Bellco's goal is to make members feel secure wherever they are on their financial journey. From February 22–26, we’ll focus on the following America Saves Week daily themes in hopes you will pledge to set a savings goal while providing Savings Tips to help you achieve personal financial stability.

Monday, February 22 | Save Automatically 

The easiest way to save? Automatically! It doesn’t matter how much or what you’re saving for, when you make the smart decision to have a portion of your income automatically deposited into a savings account, you have increased your chance for success.

Bellco Savings Tip: Consider our Round Up Savings Program—Each purchase you make with your Bellco debit card gets rounded up to the next dollar and the difference is deposited into your Bellco savings account. The more purchases you make, the more you’ll save.

Tuesday, February 23 | Save for the Unexpected 

The past year has taught us that we have to be as prepared as possible for the unexpected. While we all have future savings goals, having an emergency fund to support present unaccounted for needs, like a car breakdown, dental bill, or even a last minute fun treat should be a top priority.

Bellco Savings TipConsider Boost Interest Checking—Boost provides a higher-than-normal interest rate for doing many of the things you already do, such as using your debit card and having a direct deposit. The higher interest earned can help you reach your savings goals faster than many savings accounts. 

Wednesday, February 24 | Save to Retire 

It’s never too soon to prepare for retirement. In fact, the earlier you start to prepare, the easier it is to save. That's because we know that very few Americans have a plan for retirement savings that will actually cover their desired lifestyle.

Bellco Savings Tip: Consider CUSO Financial Services (CFS)—The CFS Financial Advisors that serve Bellco are available to assist you with your retirement questions. You can email cfsinvsrefs@bellco.org or stop by any Bellco branch to set up a personalized complimentary appointment.

Thursday, February 25 | Save by Reducing Debt 

It’s time that we recognize that by paying down their debt, Americans ARE saving! Actively reducing your debt means you’re saving on interest, avoiding late fees, and maintaining or increasing your credit score.

Bellco Savings Tip: Consider a Home Equity ChoiceLine—If you’re a homeowner with equity in your home, a ChoiceLine provides a great option to consolidate debt with a lower monthly payment. For a limited time, Bellco will be offering a great low fixed-rate on advances of $10,000.00 or more on our Home Equity ChoiceLine product. Get the full details and get started at Bellco.org/ChoiceLinePromo.

Friday, February 26 I Save as a Family

How much better would Americans be with money and financial situations if we were taught good money and savings habits at a young age?

Bellco Savings Tip: Consider Coindexter Club and MoneySmarts—Whether you have young children, teenagers, or are yourself interested in brushing up on smart savings strategies, our complimentary financial empowerment resources are perfect for the whole family.

To learn more, visit Bellco.org/AmericaSavesWeek.

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 customers.

If we’ve learned anything from the past year, it’s that it’s more important than ever to support our community as much as we can. And in Colorado, there are a lot of resources where you can donate time, money, or goods that will impact our neighbors’ lives incredibly. 

The Castle Rock Senior Center needs volunteers to drive shuttles (one client at a time, wearing a mask and sanitizing the vehicle between clients) to medical appointments, to the grocery store, and for other essential errands. This great service helps seniors and adults with disabilities maintain their independence, especially during the pandemic. 

Food banks are also in need of your time or donations, with more and more Colorado families in food-insecure positions. Check with Food Bank of the Rockies, Feeding Colorado, the Community Food Bank of Grand Junction, and more. 

Volunteers of America runs a Meals on Wheels program that is always in need of drivers to deliver prepared food to homebound seniors. You can donate your time once a month, weekly, or biweekly. 

And don’t forget that one of the best things you can do for your neighbors and community is to help the blood banks maintain a supply of blood and, potentially, convalescent plasma. Contact your local hospital, the Red Cross, or Vitalant (formerly Bonfils Blood Center). 

Even though Covid-19 has required some adjustments, our communities can still thrive when we all pitch in.

As a not-for-profit, Colorado-based financial cooperative, Bellco is committed to providing tools and resources to help our members and the community feel financially empowered. One way we've done this is by collaborating with Denver 7 to provide communities across Colorado with helpful financial tips.

In a recent Denver 7 segment, reporter Eric Lupher shared some different options for using the equity in your home to help pay down debt. You can view the segment below: