Member adVantage Program
Grow With Us…Grow Your Rewards
Welcome to Belco’s Member adVantage Program (MVP), an exciting benefits program designed to reward members* for their loyalty, while also building a stronger credit union.
Basically, the MVP Program works like this: Each month, your relationship level will be determined based on your household’s combined savings and loan balance. As you increase the number of services or account balances you have with Belco, your relationship level may change, entitling you to more benefits. As your relationship grows, so will your rewards. Rewards include reduced fees and valuable discounts on select products and services, and all rewards will be reflected in the form of a monthly refund that will appear on your statement.
*Business and organization memberships are not included.
How does the MVP Program work?
It’s simple! Each member household qualifies for one of four benefit levels, based on the combined monthly balances in deposits and loans. On the last day of each month, balances are automatically calculated. Your benefit level (Level 1, 2, 3 or 4) will appear on your monthly statement. You don’t do anything; the benefits come to you!
Example:
Savings $ 3,500
Checking $ 3,500
Auto loan $20,000
______________________________
$27,000=Level 3 Rewards
What is a household?
Every Belco Community Credit Union member is eligible for the MVP program. Better yet, all member accounts within a household (living at the same address) are combined to make it easier to increase your benefits. Each member within a household will benefit from the same level of MVP rewards.
How do I increase my MVP status?
You can change your MVP status and enjoy more rewards by increasing your balances or by opening additional Belco loan or savings accounts.You might refinance your auto loan with Belco or move a credit card balance to a Belco Visa Card.You or anyone in your household can increase your MVP rewards.Some possibilities for you to consider:
- Transfer your checking account to Belco and establish direct deposit
- Invite a household member to join Belco and transfer his or her accounts
- Take out a Belco home equity loan
- Move any savings account or Certificate of Deposit balances to Belco
- Encourage children in your household to save with a Belco Savings Safari Club or Xtreme Teen Savers account
How do I receive my rewards?
On the last day of each month, your benefit level will be determined and your rewards calculated. A refund will be automatically credited to your account, reflecting your eligible rewards for that month. This refund will appear on your account statement, as well as on belco@net.
Click here for Reward Levels
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