October 2019 Newsletter

Switching to Online Statements is the Way to Go

There are many great reasons to make the switch from receiving a paper statement to only online statements. Here are some of those reasons:

Reduce mailbox clutter
You already have 10,000 things to keep up with, so eliminating a bulky envelope up to a dozen times each year will lighten the load when you sort through piles of new mail. Going paperless also means you’ll never toss it in the junk pile by mistake.

Faster delivery
Because online statements don’t require time to print and prepare for mailing, or spend time travelling in the back of a mail truck, you should be able to see your statements several days earlier than those sent via the postal service.

Statement email notifications
Forget constantly wondering if you need to check your mailbox or P.O. box. Once your statement is available online, we’ll send you a message to let you know you can view, print, or download it.  

Easy access and retrieval
Manage your statements the way you want. You can either view them online whenever it’s convenient for you, save them to your computer for permanent electronic archive, or print them and file them in hardcopy form if you prefer organizing that way.

Enhanced security
By viewing your statements online, you eliminate the chance that someone will steal your personal financial information out of the mail on its journey to you. A significant percentage of fraudulent activity still takes place from mail theft.

Automatic storage
You can quickly find what you want to examine in your accounts. Just select the monthly statement you want to review (as far back as seven years) and presto—your account activity for that time period is right in front of you. 

Save the environment
Conserving natural resources has never been more important than it is today. By choosing to go paperless, you are saving trees, reducing chemical usage, and lowering your carbon footprint associated with paper manufacturing, printing, and statement transportation.

When Bellco saves, all members save
Each year, Bellco spends more than a million dollars mailing paper statements. Switching to online statements helps us lower costs, which benefits the entire membership by allowing us to offer competitive products and services. 

While Bellco members that use online banking always have access to their statements online, that doesn’t mean they are not also receiving paper statements. To see if you’re receiving paper statements from any of your Bellco accounts (and to stop the delivery of future mailings), sign in to Online Banking, then click on “More” in the left navigation column. From there, select the “Statements & Tax Forms” widget, then select the Manage tab and click on the gear icon. If PAPER is selected, simply switch to ONLINE to start saving.

Exploring the Haunted Side of Colorado

October is that particular time of year when many people like to test their mettle by frequenting haunted houses or watching horror movies. If that’s your type of thing, have you ever considered checking out the places throughout Colorado that people say are actually haunted? You have your pick of many locations, from old ghost towns to urban historical sites. For example:

• The Colorado Prison Museum in Cañon City. Originally a women’s correctional facility, the building now houses a unique museum dedicated to all things prison life. The exhibits cover 140 years of history, and you’ll have the chance to see inmate cells, the original kitchen, and basement isolation cells. Your tour will include spooky stories about past inmates, such as a man convicted of cannibalism and a 12-year-old convicted of murder. Events in October and November include tours with Ghost Hunts USA and Gold Rush Ghost Encounters.  

• The Hotel Colorado in Glenwood Springs. Some stories claim that the Ute people put a curse on the land where the hotel stands, and other stories postulate that the ghosts of people who died in the hotel still remain. The hotel’s storied history includes its having served as a morgue during World War II. And several unexplained phenomena have been reported, including a mysterious woman in a floral dress who appears in one of the guest rooms and the scent of cigar smoke even though the hotel has been smoke-free for years. 

Cheesman Park and the Denver Botanic Gardens in Denver. Although today the area is the picture of refinement, in the 1880s, it was actually a run-down cemetery that was the resting place of thousands of human remains. Although the city made an attempt at removing the bodies, they eventually simply removed the headstones and built the park and surrounding neighborhood over an estimated 3,000 occupied graves. To this day, during moments of building and digging in the park and in the Gardens, human bones are frequently unearthed, and many people report strange sightings or unexplained sensations. In fact, the 1980 horror movie The Changeling was based on paranormal events Russell Hunter claims to have experienced while in a house in the neighborhood. 

Many other haunted locations might tempt you as well, including the famous Stanley Hotel, the Molly Brown House, and the ghost town of St. Elmo. If you go, will you cross paths with a ghost from the past? There’s only one way to find out.

 
Tips On Creating a Smarter Holiday Budget

Although Halloween hasn’t arrived yet, it’s not too early to start planning for the December holiday shopping season. The more prepared you are in the months leading up to the holidays, the better able you’ll be to stick to your budget and still get gifts everyone will love. Here are some ideas for how to do just that.

Start by making a list of all of the people you want to give gifts to, which could include relatives, neighbors, friends, teachers, and coworkers. Then, set your total budget and determine how much you can spend for each person on your list. Remember, that amount will need to cover any add-ons like wrapping paper, greeting cards, and shipping costs.

Decide what you would like to give to each person and research price ranges for the gifts. Keep your eye on sales, coupons, and promo codes—if you see a gift go to the lower end of or below the price range, buy it. If you wind up with savings on that gift, you can reallocate that money to another person on your list or simply lower your total overall budget.

When making a purchase, it may be wise to use cash or a debit card—that way, you won’t be tempted to go beyond your budget and wind up with credit card debt, but be careful you don’t overdraw your account and get assessed overdraft fees. 

A great way to build your savings and prep for holiday spending is to open a Round-Up Savings account. When you make a purchase with your debit card, this account rounds up your invoice to the next dollar and automatically deposits the difference into savings. 

Also, consider accounts that earn high interest but don’t penalize you for withdrawals. Our Boost Interest Checking account allows you to earn up to 2.25% APY on balances up to $25,000 without monthly fees or minimum balance requirements.

As you plan, remember that presents aren’t the only expenses at the holidays—be sure to budget for any parties you might host or are invited to, decorations you want to buy, and any other expenses that might pop up. The more you plan now, the happier your bank account will be come January.

Please contact a Bellco employee for further information about applicable fees and terms related to the Boost Interest Checking product.

Junior Achievement Rocky Mountain

During October, Bellco will collect donations for Junior Achievement-Rocky Mountain, a local part of the world’s largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Through a dedicated volunteer network, the organization provides students with programs that focus on three key areas: entrepreneurship, financial literacy, and work readiness.

For ways you can donate to this worthwhile cause, visit BellcoGivesBack.org/Charity

To learn more about Junior Achievement, you can visit them online at jacolorado.org.