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
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
5 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
6 hours ago
.@growfinancial's #salsa sensation spices up seed giveaway #NewsNow http://t.co/rKmWVwwzot
6 hours ago
.@TheNCUA Office of Small CU Initiatives soon--maybe Nov.--will launch website for #CUs 2 research #creditunion vendors or service providers
6 hours ago
.@TheNCUA says late 2Q Call Report filers 2 pay total of $17,111 in penalties.Individual penalty range is $52 to $1,824;median is $256. 2of2
7 hours ago