MonitorBankRates.com Logo

Beacon Credit Union Incorporated

  1. Credit Unions

Beacon Credit Union Incorporated share savings rates, certificate (CD) rates, and money market rates are listed below. You can also see mortgage rates offered by Beacon Incorporated. Beacon Incorporated is based in Lynchburg, VA, and has 26,620 current members. There are 8 branch locations and 9 ATM locations for Beacon Incorporated. You can also see a list of services, credit card rates, auto loan rates and payday loan rates offered by Beacon Credit Union Incorporated. View Information.

MonitorBankRates.com
Capitalization Rating
Beacon Credit Union Incorporated
Well Capitalized
as of 2018-09-30

Beacon Credit Union Incorporated Contact Information

Credit Union Name: Beacon Credit Union Incorporated
Current Members: 26,620
Potential Members: 275,000
Full Time Employees: 69
Part Time Employees: 5
President: Philip A Hynes
CEO: Greg McConville
Branch Locations: 8
ATM Locations: 9
Corporate Office Address:
117 Leroy Bowen Dr
Lynchburg, VA 24502
Phone Number: (434) 237-1566
Fax Number: (434) 237-1544

Beacon Credit Union Incorporated Services Offered

Indirect Lending: No
Business Share Accounts: No
Health Savings Accounts: No
Individual Development Accounts: No
No Cost Share Drafts: Yes
Share Certificates with Low Minimum Balance Requirements: Yes
Participation Loans: No
Financial Counseling: No
Financial Education: No
Financial Literacy Workshops: No
First Time Homebuyer Program: No
In-School Branches: No
Real Estate Loans: No
Bilingual Services: No
No Cost Bill Payer: Yes
No Cost Tax Prep. Services: No
Student Scholarships: Yes
Member Business Loans: No
Credit Builder: Yes
Indirect Business Loans: No
Indirect Mortgage Loans: No
Micro Business Loans: No
Micro Consumer Loans: No
Pay Day Lending: No
Refund Anticipation Loans: No
Share Secured Credit Cards: No
Payday Alternative Loans (PAL loans) (FCU Only): No
Risk Based Loans: No
Direct Financing Leases: No
Mortgage Processing: Yes
Approved Mortgage Seller: Yes
Debt Cancellation/Suspension Program: No
Borrowing Repurchase Agreements: No
Investment Pilot Program: No
Investment not authorized by the FCU Act (SCU ONLY): No
Deposits and Shares Meeting 703.10(a): No
Brokered Certificates of Deposits: Yes
Overdraft Protection/Courtesy Pay: No
Overdraft Lines of Credit: No
ATM/Debit Card Program: No
PrepaidDebit: No
Interest Only and Payment Option 1st Mortgage Loans: No
Insurance/Investment Sales: No
Brokered Deposits (All deposits acquired through a third party): Yes
Check Cashing: No
International Remittances: No
Low-cost wire transfers: No
Money Orders: No
No Surcharge ATMs: No

Beacon Credit Union Incorporated Deposit Rates

Savings Rates (Shares): 0.100%
Checking Account Rates (Share Drafts): 0.000%
IRA/KEOGH Rates: 0.000%
Money Market Rates (Shares): 0.000%
1 Year CD Rates (Share Certificates): 0.000%

Beacon Credit Union Incorporated Auto Loan Rates

Auto Loan Rates (New Vehicles): 5.000%
Auto Loan Rates (Used Vehicles): 6.000%

Beacon Credit Union Incorporated Credit Card and Payday Loan Rates

Credit Card Rates: 14.750%
Unsecured Loans/Lines of Credit Rates: 18.000%
Payday Rates (PAL loans): 0.000%

Beacon Credit Union Incorporated Branches