Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Savings accounts for Fido Kitty offered at Belco
HARRISBURG, Pa. (5/6/08)--Now Kitty and Fido can have their own savings accounts at a credit union. Belco Community CU has introduced a pet savings account called "Belco's Critter Club." The Harrisburg-based credit union said it has the first pet savings account in Pennsylvania and it is the only area financial institution offering a savings account exclusively for pets. The accounts help pet owners save for Fido and Kitty's medical bills and other expenses. The account features no minimum balance requirements and funds are easily accessible, said Belco. Belco employees found out that 63% of homeowners surveyed have one or more pets, and that spending on pets has more than doubled in the past 19 years. Members of the Critter Club will receive discounts at local "pet partners" and will be entered for a monthly prize drawing when they deposit $75 or more. The account currently pays 0.85% annual percentage yield on balances of $5 or more. The credit union is encouraging members with more than one pet to open multiple accounts and to "name" each account using their pets' names. To promote the pet club, Belco will participate in several pet-related community events, starting with the Humane Society of Harrisburg Area's 5K Run/Walk for Animals on May 17.


RSS print
News Now LiveWire
#NewsNow Kresge grants support unbanked efforts by CUs, social agencies http://t.co/B8BVscXdf3
21 minutes ago
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
16 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
16 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
17 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
18 hours ago