2024 Overview
General Credit Union Information
Beacon is located in Wabash, In. It was founded in 1931 and has approximately $1501 millions in assets.
Who can join?
If you live or work in any of these 18 Indiana counties - Allen, Blackford, Carroll, Cass, DeKalb, Fulton, Grant, Howard, Huntington, Kosciusko, Pulaski, Madison, Marshall, Miami, Steuben, Wabash, White, or Whitley - you're eligible to join Beacon Credit Union.
| NCUA Insured | No |
| Charter Number # | # 82791 |
| Date Established | 1931 |
| Assets | $1,501.00 million |
| Loans | $1,019.03 million |
| Deposits | $1,225.04 million |
| Capital | $222.06 million |
Field of Membership Restrictions
Membership in Beacon Credit Union is open to those who live or work in Adams, Allen, Bartholomew, Blackford, Carroll, Cass, Clark, Clinton, Daviess, Decatur, DeKalb, Delaware, Dubois, Fayette, Fulton, Grant, Hancock, Henry, Howard, Huntington, Jackson, Johnson, Knox, Kosciusko, Madison, Marshall, Miami, Montgomery, Morgan, Noble, Pulaski, Randolph, Rush, Shelby, Steuben, St. Joseph, Union, Wabash, Wayne, White, or Whitley Counties in Indiana.
Deposit Rates - November 15, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.20% | $2,500 | $4,999 |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.51% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.61% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.81% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.91% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.96% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
1.06% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
1.01% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
1.11% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
1.06% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
1.16% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
1.16% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
1.26% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
1.26% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
1.36% | $100,000 | $199,999 |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.20% | $1 | $499 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.15% | $2,500 | $3,499 | Learn More |
Loan Rates - November 15, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Beacon
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 2578474 |
6.584% | 6.500% | 0.50 | $2,810 | $2,023 | Learn More |
NMLS ID: 1025894 |
6.866% | 6.750% | 1.00 | $3,801 | $2,076 | Learn More |
NMLS ID: 3030 |
7.212% | 7.125% | 0.88 | $2,800 | $2,156 | Learn More |
NMLS ID: 491986 |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR 7.490 % After Intro: 7.490 % |
$0 |
Learn More
More Info |
Note to Beacon
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Beacon branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Beacon Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 130.53 | A | View Lobby Hours | |
| 146.04 | B | View Lobby Hours | |
| 146.90 | C | View Lobby Hours | |
| 147.69 | D | View Lobby Hours | |
| 148.00 | E | View Lobby Hours | |
| 148.29 | F | View Lobby Hours | |
| 160.03 | G | View Lobby Hours | |
| 160.23 | H | View Lobby Hours | |
| 160.23 | I | View Lobby Hours | |
| 161.73 | J | View Lobby Hours | |
| 164.32 | K | View Lobby Hours | |
| 172.52 | L | View Lobby Hours | |
| 172.75 | M | View Lobby Hours | |
| 173.58 | N | View Lobby Hours | |
| 173.95 | O | View Lobby Hours | |
| 184.36 | P | View Lobby Hours | |
| 186.55 | Q | View Lobby Hours | |
| 186.92 | R | View Lobby Hours | |
| 187.71 | S | View Lobby Hours | |
| 200.82 | T | View Lobby Hours |
Climate Policy and Initiatives
BEACON is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
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Financial Details
Beacon Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Beacon. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Beacon | U.S. Average |
|---|---|
| 1.01% | 5.83 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2024, Beacon had $2,137,125 in non-current loans and $137,224 in owned assets. To cover these potential losses it had $222,056,502 in net worth and $3,732,538 in loans loss reserves. That gives it a Texas Ratio of 1.01%.
Net Worth
| Beacon | U.S. Average |
|---|---|
| 14.79% | 13.93% |
Beacon FCU has a net worth of 14.79% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Beacon
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