Beacon FCU beats the banks on deposit and loan rates
Whether you come to Beacon Federal Credit Union for a loan or to open a savings or checking account, you’ll find that we offer members better rates than traditional banks.
Check out our Deposit and Loan rates and you’ll see how Beacon provides tremendous value.
Deposit Rates
Build your savings.
Whether you’re building short or long-term savings, Beacon FCU’s deposit rates are always working in your favor.
Rates are effective October 3, 2024 and are subject to change.
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| Regular Shares | $100.00 | 0.05% | 0.05% |
| Money Market | $10,000 – $24,999.99 | 0.85% | 0.85% |
| Money Market | $25,000+ | 0.95% | 0.95% |
| Money Market | < $10,000 | 0.80% | 0.80% |
| Christmas Club | $5.00 | 0.05% | 0.05% |
| Vacation Club | $5.00 | 0.05% | 0.05% |
*APY= Annual Percentage Yield. Minimum balance required to earn the advertised annual percentage yield. All Rates & Terms are subject to change without notice. | |||
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| Checking Account | $0 | 0.00% | 0.00% |
| Reward Checking – Qualified Accounts | $0 – $20,000 | 1.00% | 1.00% |
| Reward Checking – Qualified Accounts | over $20,000.01 | 0.05% | 0.05% |
| Reward Checking – Non-Qualified Accounts | any | 0.00% | 0.00% |
| Club Checking | $0 | 0.00% | 0.00% |
| Fresh Start Checking | $25.00 | 0.00% | 0.00% |
| Youth Spending | $0 | 0.00% | 0.00% |
*APY = Annual Percentage Yield Minimum balance required to earn the advertised annual percentage yield. All Rates & Terms are subject to change without notice. Vision Reward Checking Account – qualifications must be met. See account details for more information. Takes them to our vision rewards page where we have the following disclosures: Courtesy Pay and Overdraft privileges are only available on accounts in good standing. Rate quoted as of January 8,2024. Rates and monthly qualification cycle dates are subject to change without notice. Reward Rate of 1.00% APY will be paid during each monthly cycle when the minimum qualifications are met. ATM refunds credited when all qualifications are met; only US ATMs -International ATMs do not qualify. Maximum five dollars ($5.00) per transaction and twenty dollars ($20.00) monthly maximum. Base rate of 0.05% APY will still function as a checking account however it will not receive ATM fee refunds for that time period. ** Transactions must be cleared by the qualification end date. | |||
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| IRA Savings | $5.00 | 0.15% | 0.15% |
| Roth IRA Savings | $5.00 | 0.15% | 0.15% |
*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. | |||
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| 6 mos. Cert | $1,000.00 | 4.17% | 4.25% |
| 12 mos. Cert | $1,000.00 | 4.17% | 4.25% |
| 18 mos. Cert | $1,000.00 | 4.22% | 4.30% |
| 24 mos. Cert | $1,000.00 | 3.69% | 3.75% |
| 36 mos. Cert | $1,000.00 | 3.20% | 3.25% |
| 48 mos. Cert | $1,000.00 | 3.11% | 3.15% |
| 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. | |||
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| 6 mos. IRA Cert | $1,000.00 | 4.26% | 4.35% |
| 12 mos. IRA Cert | $1,000.00 | 4.17% | 4.25% |
| 18 mos. IRA Cert | $1,000.00 | 3.74% | 3.80% |
| 24 mos. IRA Cert | $1,000.00 | 3.69% | 3.75% |
| 36 mos. IRA Cert | $1,000.00 | 3.30% | 3.50% |
| 48 mos. IRA Cert | $1,000.00 | 3.20% | 3.25% |
| 60 mos. IRA 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. | |||
| Description | Minimum Balance | Dividend Rate | APY** |
|---|---|---|---|
| 6 mos. Roth IRA Cert | $1,000.00 | 4.17% | 4.25% |
| 12 mos. Roth IRA Cert | $1,000.00 | 4.65% | 4.75% |
| 18 mos. Roth IRA Cert | $1,000.00 | 4.70% | 4.80% |
| 24 mos. Roth IRA Cert | $1,000.00 | 4.70% | 4.80% |
| 36 mos. Roth IRA Cert | $1,000.00 | 3.20% | 3.25% |
| 48 mos. Roth IRA Cert | $1,000.00 | 3.35% | 3.40% |
| 60 mos. Roth IRA Cert | $1,000.00 | 3.44% | 3.50% |
*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. | |||
Loan Rates
Borrow for what you need.
Want to borrow for a home mortgage, vehicle purchase, a line of credit or something else? You’ll find very favorable loan rates at Beacon FCU.
Rates are effective October 3, 2024 and are subject to change.
| Term | Rate |
|---|---|
| Up to 36 Months | 4.99% – 15.55% APR* |
| 37-48 Months | 5.49% - 15.30% APR* |
| 49 – 65 Months | 5.99% –15.74% APR* |
| 66 – 74 Months | 6.24% – 16.74% APR* |
| 75 – 84 Months | 7.24% –11.24% APR* |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. | |
| Term | Description |
|---|---|
| Up to 10 Years | Rates as low as 6.89% APR* (Call for more information) |
| Up to 15 Years | Rates as low as 7.39% APR* (Call for more information) |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. | |
| Term | Description |
|---|---|
| Up to 10 Years | Rates as low as 5.25% APR* (Call for more information) |
| Up to 15 Years | Rates as low as 5.25% APR* (Call for more information) |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. | |
| Term | Rate |
|---|---|
| 15 Years | Rates change frequently please call 281-471-1782 |
| 20 Years | Rates change frequently please call 281-471-1782 |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. | |
| Name | Rate |
|---|---|
| Any Time, Any Day Loan | 7.95% - 11.45% APR |
| LOC | 9.50% - 17.99% APR |
| Unsecured (under $10K) | 11.49% - 17.99% APR |
| Unsecured (over $10K) | 12.49% - 17.99% APR |
| Pay Day Loan | 17.99% - 17.99% APR |
| Teacher Loan | 2.25% - 9.24% APR |
| Term | Rate |
|---|---|
| 60 Months | 3.25% APR* above Interest |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. | |
| Term | Rate |
|---|---|
| Beacon Blue Platinum MasterCard | 13.05% – 18.00% APR* |
| 6-month introductory rate | 1.80% – 9.80% APR* balance transfers and purchases |
*APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. Credit Cards: Variable rate account. Your rate will be determined by your credit score. After the 6-month introductory period ends, your APR will be based on your creditworthiness. The variable APR will vary with the market based on the Prime Rate and will not exceed 18.00%. | |
| Rate |
|---|
| 9.50%-17.99% APR* |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. |
| Term | Rate |
|---|---|
| Up to 48 Months | 5.14% – 17.99% APR* |
| 49 – 65 Months | 6.85% – 17.99% APR* |
| 66 – 74 Months | 7.89% – 17.99% APR* |
| 75 – 84 Months | 9.00% – 12.75% APR* |
| 85 – 120 Months | 9.79% – 13.85% APR* |
| 121 – 144 Months | 10.74% – 15.60% APR* |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. | |
| Term | Rate |
|---|---|
| Up to 48 Months | 6.19% – 17.99% APR* |
| 49 – 65 Months | 6.65% – 17.99% APR* |
| 66 – 74 Months | 7.45% – 17.99% APR* |
| 75 – 84 Months | 8.75% – 12.55% APR* |
| 85 – 120 Months | 9.59% – 13.65% APR* |
| 121 – 144 Months | 10.54% – 15.40% APR* |
| 145-180 Months | 11.54% - 16.40% APR* |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. | |
| Term | Rate |
|---|---|
| Up to 48 Months | 5.19% – 16.95% APR* |
| 49 – 65 Months | 5.69% – 17.45% APR* |
| 66 – 74 Months | 6.69% – 17.95% APR* |
| 75 – 84 Months | 7.69% – 12.65% APR* |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. | |
| Term | Rate |
|---|---|
| Term of Certificate | 3.25% APR* above Interest |
APR = Annual Percentage Rate All Rates & Terms are subject to change without notice. Beacon Federal Credit Union will provide written disclosures before or at time covered borrower becomes obligated on a transaction. The written disclosures will contain the following:
Disclosures will be given in writing. In addition, Beacon Federal Credit Union will provide the disclosures verbally in person or provide a toll-free telephone number. | |
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!