Mortgage Billing Statements
Due to recent Consumer Financial Protection Bureau requirements, financial institutions, including Bellco, will no longer issue Mortgage and Home Equity Loan coupon books to loan holders. In their place, we will send monthly statements to the address we currently have on file.
If the primary borrower on the loan is enrolled in electronic statements, they’ll receive an eLert letting them know their monthly Mortgage or Home Equity Loan statement is available through Online Banking. This change will go into effect March 2014, and should streamline the process while providing our members more detailed information on their monthly statement.
Haven’t signed up for eStatements yet? Sign up for estatements today.
Error Resolution and Information Requests
Additionally, we wanted to make you aware you have certain rights under Federal law related to resolving errors and requesting information about your mortgage loan account. In order to provide us with notice of an error on your loan account, or to request information about your account, please send us a written notice that contains (i) your name, (ii) your loan account number, and (iii) information concerning the error you believe has occurred or the information you are requesting.
Please note, this written notice must be sent to the following address:
Bellco Credit Union
c/o Processing Center
P.O. Box 2091
Glen Burnie, MD 21060
If you have additional questions about these new requirements, please contact Bellco Member Services at 303-689-7800 or 1-800-BELLCO-1, Monday through Friday, between 8:00 a.m. and 6:00 p.m. MT.