Preserve peace of mind while earning even more
When you want to begin saving for the future but feel uncertain about where to invest your money, a Beacon FCU earning account might be right for you.
We offer several types of accounts that provide stability while allowing you to build significant earnings:
- Certificate
- Individual Retirement Accounts (IRAs)
- Money Market Accounts
Which earning account is right for you? Check out your options and meet your match.
Certificate
Save securely with convenient terms.
Start small and save big with a Beacon FCU Certificate. Enjoy convenient terms while getting a great return on your investment.
- Begin saving with as little as $1,000
- Convenient terms from six up to 60 months
- Make more money with compounding monthly dividends
- Monthly dividends based on actual daily balance and term
- Save money with a 10-day grace period after the renewal
- Kids can open a certificate with a minimum balance of $500.00
- Certificates are federally insured up to $250,000, combined with your other accounts
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| 6 mos. Cert | $1,000.00 | 3.83% | 3.90% |
| 12 mos. Cert | $1,000.00 | 3.69% | 3.75% |
| 18 mos. Cert | $1,000.00 | 3.54% | 3.60% |
| 24 mos. Cert | $1,000.00 | 3.45% | 3.50% |
| 36 mos. Cert | $1,000.00 | 3.20% | 3.25% |
| 48 mos. Cert | $1,000.00 | 3.20% | 3.25% |
| 60 mos. Cert | $1,000.00 | 3.20% | 3.25% |
*APY= Annual Percentage Yield. Minimum balance required to earn the advertised annual percentage yield. A penalty will be charged for early withdrawal. All Rates & Terms are subject to change without notice
Jumbo Certificates: $90,000 minimum; rates vary.
Youth Certificates: minimum balance is $500.00. | |||
IRAs
Save for tomorrow. Get tax advantages today.
When you open an IRA with Beacon FCU, you’re not just saving for retirement. You could also get tax savings to help you financially today
- Contribute up to $6,000 per year ($7,000 if you’re over age 50) to your retirement account
- Choose a Traditional or Roth IRA
- With a Traditional IRA, you may earn tax savings each year you make a contribution
- With a Roth IRA, you pay no taxes until you withdraw your money
- Roth IRA funds can be used in some cases to pay for a home or for education costs
- An IRA is also a perfect place for reinvesting a 401(k), stock rollovers and other employer-sponsored benefits when you change jobs
Money Market
A great way to steadily earn big dividends.
If you want to avoid the unpredictability of stocks and other similar investments, a Beacon FCU Money Market account might be a great choice for you.
- Earn more than with a savings account
- Minimum opening deposit of $2,500.00
- Access your funds though special checks or digital banking
- Receive personalized Money Market checks
- Make a limited number of monthly electronic withdrawals
- No monthly service charges or per-check fees
- Deposits are protected by Federal Share Insurance backed by the National Credit Union Association
Certificate- *APY = Annual Percentage Yield. Minimum balance required to earn the advertised annual percentage yield. A penalty will be charged for early withdrawal. All Rates & Terms are subject to change without notice.
Jumbo Certificates: $90,000 minimum, rates vary.
Youth Certificates: minimum balance is $500.00.
Youth Spending Accounts
- No monthly fees
- Your own ATM/Debit Card
- Online and mobile banking
- Scholarship opportunities
- Ages 10-18
Scholarships
You’ve got class. We’ve got cash! Apply today: One of three $2,000 scholarships or One of three $1,000 scholarships!