Question 1

What is Upper Darby Bell Telco Federal Credit Union (UDBell FCU)?

Accepted Answer

Upper Darby Bell Telco Federal Credit Union is a community-focused federal credit union serving employees of telecommunications companies, utilities, and affiliated organizations in the Philadelphia area. With approximately $69.4 million in assets and over 3,500 members, UDBell FCU has grown from its modest beginnings serving Bell Telephone employees to a diversified membership serving workers from Verizon, United Parcel Service (UPS), and various other companies. The credit union has earned Low Income Designation status from the NCUA, reflecting its commitment to serving underserved communities.

Question 2

When was Upper Darby Bell Telco Federal Credit Union (UDBell FCU) founded?

Accepted Answer

Upper Darby Bell Telco Federal Credit Union was founded in 1940 by eight visionary Bell Telephone employees who sought to provide accessible financial services to their colleagues. The founding members established the credit union with initial offerings of share accounts and small loans. In the early days, instead of using payroll deduction, collectors would visit various Bell Telephone offices and garages to collect deposits as small as $0.25 per week and loan payments of $2.00 per week.

Over the decades, the credit union has experienced steady growth through organic expansion and mergers with other credit unions including Breyers, Knights of Columbus, and others.

Question 3

Where is Upper Darby Bell Telco Federal Credit Union (UDBell FCU) headquartered?

Accepted Answer

Upper Darby Bell Telco Federal Credit Union is headquartered in Upper Darby, Pennsylvania. The credit union's office is located at 1410 Bywood Avenue in Upper Darby.

Question 4

Where does Upper Darby Bell Telco Federal Credit Union (UDBell FCU) operate?

Accepted Answer

UDBell FCU operates in the Philadelphia metropolitan area, primarily serving Delaware County and surrounding communities in southeastern Pennsylvania. The credit union serves a multiple common bond membership focused on communications and utilities workers. Core member groups include employees of Verizon (successor to Bell Telephone), United Parcel Service, and members of Union Local 623 representing UPS drivers.

Recent growth has included companies requesting UDBell to provide credit union services to their employees.

Question 5

What services does Upper Darby Bell Telco Federal Credit Union (UDBell FCU) offer?

Accepted Answer

Upper Darby Bell Telco Federal Credit Union offers comprehensive financial services including share savings accounts, share draft accounts (checking), certificates of deposit, and various loan products. Loan options include new auto loans with rates as low as 4.99% APR, personal loans starting at 9.50% APR, home equity loans with rates as low as 5.99% APR, mortgage loans, and Visa credit cards at 8.90% APR.

UDBell FCU was among the first credit unions in Pennsylvania to offer share draft accounts (checking), demonstrating its commitment to innovation. The credit union provides modern digital banking through online banking platforms and mobile services, available Monday through Friday with extended hours on Wednesday evenings until 7:30 PM.

Question 6

What makes Upper Darby Bell Telco Federal Credit Union (UDBell FCU) unique?

Accepted Answer

UDBell FCU's philosophy centers on personalized service through maintaining a smaller organizational structure. The Board of Directors believes that a smaller credit union can better serve its membership through personal knowledge of members' needs and financial habits. This approach aligns with the credit union's mission statement, which has remained consistent since 1940: providing SERVICE to members based on the principle of "not for profit, not for charity, but for service."

The credit union has maintained its commitment to slow, sustained growth rather than rapid expansion, ensuring it can maintain member sensitivity and personal relationships. With over $58 million on deposit and loans exceeding $21 million, UDBell has proven that focused, member-centric service can build a strong, stable financial institution.

Question 7

What type of financial institution is Upper Darby Bell Telco Federal Credit Union (UDBell FCU)?

Accepted Answer

Upper Darby Bell Telco Federal Credit Union is a federal credit union chartered and regulated by the National Credit Union Administration (NCUA). As a not-for-profit cooperative, the credit union is owned by its members who elect a volunteer Board of Directors to govern the institution. The credit union holds a Low Income Designation from the NCUA, which recognizes its service to underserved communities.

Membership is based on a multiple common bond, primarily serving employees in the communications and utilities sectors, along with their immediate family members. This structure allows the credit union to maintain a focused mission while serving a diverse membership base within its field of membership.

Upper Darby Bell Telco Federal Credit Union (UDBell FCU)

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About Upper Darby Bell Telco Federal Credit Union (UDBell FCU) in the United States