Youth Spending Accounts
Be the Boss of Your Own Money!
Got birthday or first job money? An allowance? Cash from helping around the house or making good grades?
Now it's your turn to learn how to save, spend, and manage your money like a pro!
Your Beacon journey starts with a savings account that makes you a member and part-owner of the credit union. That means Beacon is owned by members like you!
With Beacon Youth Spending Account, you'll have your very own account designed just for kids and teens ages 10-18. It's a fun and easy way to start building money skills that will help you now and in the future.
What's In It For You?
Your own Visa ATM/Check Card*
No monthly fees
Easy access to your money
Scholarship opportunities**
Start building your savings today
Fun financial education and money tips
Whether you're saving for something special, spending wisely, or learning how money works, we're here to help you every step of the way. Because being the boss of your money starts now.
Open an Account
* A parent or legal guardian must co-sign as a joint owner on the account.
**Maximum $300 daily card limit.
***Scholarships are offered to local graduating seniors only. Applications for scholarships are available at each Beacon Federal Credit Union office location. Other rules and qualifications apply.
Federally Insured by NCUA.
My First Auto
We'll Put You in the Driver's Seat
Your first car is a big deal - and we're here to help make it happen.
Whether you're buying your first ride, upgrading from your current vehicle, or finally getting the freedom to go where you want, Beacon's My First Auto Loan can help put you in the driver's seat. No co-signer. No down payment. No stress.
Why You'll Love It
Borrow from $500 to $25,000 Flexible repayment terms up to 65 months
No co-signer required*
No down payment required*
No payments for the first 45 days**
Competitive low rates
$250 CASH BACK***
- Ages 18 - 25
- Employed with your current employer for at least 6 months
- Direct Deposit required
- Full auto insurance required
Your First Car. Your First Adventure.
From school and work to road trips and weekend plans, your first vehicle opens up a world of possibilities.
Let's get you behind the wheel and on your way.
*Beacon Federal Credit Union is an Equal Opportunity Lender. Membership is required.
**My First Auto Loan interest will accrue during the 45-day no-pay period.
**Cashback promotion excludes auto loans currently financed at Beacon Federal Credit Union. Vehicles previously financed with Beacon FCU are also ineligible to receive Cashback if financed with the same owner/household. Indirect loans pre-approved and funded at a BFCU branch will also be eligible for the Cashback program. Indirect loans not pre-approved through BFCU are not eligible for the Cashback program. Beacon FCU will deposit the cashback incentive per auto loan into the member's primary savings within five business days after closing the loan. Beacon FCU will issue 1099 forms, if applicable, the following January. This offer cannot be combined with any other offer, and Beacon FCU reserves the right to discontinue promotions without notice at any time for any reason.
Financial Education
Level Up Your Money Skills
Money doesn't have to be boring.
Explore fun videos, games, and tools that help you build real-life money skills - from saving and budgeting to understanding credit and avoiding scams.
Learn About
Saving & Budgeting
Credit Scores & Credit Cards
Loans & Borrowing
Online Safety & Scam Prevention Adulting & Life Skills
Build Your Credit Confidence
SavvyMoney helps you access your credit score, full credit report, credit monitoring, financial tips, and education. All of this without impacting your credit score.
You can do this ANYTIME, ANYWHERE, and for FREE.
Benefits of Credit Score
- Daily Access to Your Credit Score
- Real-Time Credit Monitoring Alerts
- Personalized Credit Reports
You will log into mobile or online banking to use this FREE service and enroll.
Beacon Federal Credit Union Scholarships
Investing in Your Future!
At Beacon Federal Credit Union, we believe your dreams should not be limited by the cost of education.
That's why we offer six annual scholarships to help students take the next step toward college, trade school, or career training.
You may be eligible to apply if you:
- Are a graduating high school senior
- Have a Beacon Federal Credit Union Savings Account with at least a $5 balance
- Plan to attend an accredited college, university, trade school, or technical school in Texas
Take advantage of this opportunity and apply today. Let Beacon Federal Credit Union help support your educational journey and future success!
My First Credit Card
Be the Boss of Your Credit
Your credit journey starts here. With a Beacon Federal Credit Union Credit Card, you can begin building your credit history through responsible use - no credit score required to apply.
Building good credit now can help you achieve your future goals, like:
Buy your dream car Rent your first apartment Qualify for better rates and opportunities
Build a strong financial future
Credit Tips for Success
- Pay on time
Make your payments by the due date every month - Keep balances low
Try to use less than 30% of your available credit limit - Track your credit health
Use SavvyMoney on our mobile app to monitor your credit score and progress
- Pay at least the minimum
Pay the minimum amount due - or more if you can - Spend wisely
Only charge what you can afford to pay back - Build good habits early
Responsible credit use today can open doors tomorrow
Ready to start your credit journey? Apply today and begin building your future!
Let's Connect
Don't miss out! Follow Beacon FCU for cool events, giveaways, money hacks, and all the latest updates.
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!