Low Mortgage Rates & Auto Loans | Beacon Garrett IN Credit Union

Introduction

Welcome to Beacon Credit Union, your trusted financial partner right here in Garrett, Indiana! Located at 1114 S Randolph St, Garrett, IN 46738, we are proud to serve our community with dedication and care since our establishment in 1931. With a robust membership of 47,685 individuals, we understand the importance of providing personalized service tailored to meet your unique financial needs. At Beacon, we believe that strong financial health starts with transparency and trust. Our total assets stand impressively at $1,528,868,143, showcasing our commitment to stability and growth for our members. We have successfully facilitated 11,427 loans and leases, amounting to our members' dreams becoming reality. With total deposits reaching $39,288,415, you can rest assured knowing your hard-earned money is in safe hands. Led by our dedicated CEO, Dustin Cuttriss, and Board President, Herbert Horrom, our team of 274 employees is passionate about making your banking experience as smooth as possible. We're not just about numbers; we're about people real people who care about your financial well-being. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 1114 S Randolph St, Garrett, IN 46738. We invite you to explore our full range of services including checking and savings accounts, auto loans, mortgages, personal loans, and more all designed with you in mind. If you're looking for a reliable credit union that prioritizes its members' interests above all else, look no further than Beacon Credit Union. For any questions or assistance, feel free to reach out to us at (260) 357-0400 or visit us online at www.beaconcu.org. Join us today on this journey towards better financial health!

Branch History & Mission

Community Engagement

Over the years, we have actively engaged with local organizations and initiatives that uplift our community. From sponsoring local events to partnering with schools for financial education programs, we believe in giving back. Our team is committed to ensuring that every member feels valued and supported. Although we currently do not offer ATM services at this branch location, we do provide drive-thru banking for quick deposits and withdrawals. We understand that convenience is essential in today's fast-paced world.

Join Us

As we look toward the future, we invite you to become a part of the Beacon family. Experience firsthand how we prioritize your financial well-being while contributing positively to the community around us. If you're interested in learning more about our services or becoming a member, please give us a call at 260-357-0400 or visit us online at beaconcu.org. Join us in this exciting journey as we continue to grow together!

Our Mission

At Beacon, our mission goes beyond just offering banking services; we strive to empower our members financially while supporting the communities we serve. Our mission statement focuses on delivering exceptional personal banking experiences through checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking solutions. We believe in fostering financial literacy and stability within our community. We are dedicated to making banking convenient and accessible for all. While you can visit us at our branch location in Garrett, official correspondence should be sent to the same address: 1114 S Randolph St, Garrett, IN 46738. Our operating hours are designed to accommodate your busy schedule: Monday, Tuesday, Thursday, and Friday from 8:30 AM to 5:00 PM; Wednesday and Saturday until noon.

Branch Location & Accessibility

Accessibility and Parking

At Beacon, we prioritize accessibility for all our members. Our branch is designed to meet ADA standards, featuring ramps and other accommodations to ensure everyone can access our services comfortably. Ample parking is available right outside the building, so you won't have to worry about finding a spot when you arrive.

Come Visit Us!

We invite you to drop by Beacon today! Whether you're looking for financial advice or simply want to learn more about how we can serve you better, our friendly team is here for you. Join us at our Garrett branch your community credit union awaits!

Operating Hours

We understand that life gets busy, which is why our lobby hours are tailored to fit your schedule. You can visit us Monday, Tuesday, Thursday, and Friday from 8:30 AM to 5:00 PM. If Wednesday or Saturday works better for you, we're open from 8:30 AM until noon on those days. Feel free to reach out at 260-357-0400 if you have any questions or need assistance before your visit.

Services Offered

At Beacon, we offer a variety of personal banking services designed to meet your needs from checking and savings accounts to auto loans and mortgage refinancing options. For those on the go, our drive-thru service provides a simple way to handle deposits and withdrawals without leaving your car. While we currently do not have ATM services at this location, our staff is always ready to assist you with cash withdrawal options and any other banking needs you may have.

Member Eligibility

At Beacon, we believe in creating a welcoming community where everyone can thrive together. If you're wondering how to become a member, it's quite simple! We're here for individuals who live, work, worship, or attend school in the areas we serve. This means that if you have connections to our community, you're likely eligible to join us. Being part of Beacon opens up a world of financial benefits tailored just for you like competitive rates on loans and savings accounts, as well as personalized service from our friendly team. To get started, you can find more detailed eligibility criteria on our website at . If you have any questions or need assistance, feel free to reach out at (260) 357-0400. We're excited to help you take this step towards becoming part of our family!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $2,753 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $4 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $721,878,625, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's competitive market, efficient payment processing is crucial. Our merchant services streamline transactions, allowing you to focus on what you do best running your business. Imagine easily accepting payments via card or mobile app while tracking sales in real time. It's about giving you the tools to thrive without the hassle. Visit us at 1114 S Randolph St Garrett In 46738 in Garrett, IN, or call us at (260) 357-0400 to discover how we can assist you on your business journey!

Comprehensive List Of Services

Convenience at Your Fingertips

At Beacon, we prioritize convenience. Our drive-thru service allows you to handle deposits and withdrawals without leaving your car. Plus, with features like ATM & Cash Withdrawal Services, accessing your money has never been easier. As part of our commitment to modern banking solutions, our digital platforms enable you to manage finances anytime, anywhere. With options for mobile payments and person-to-person transactions, you can send money quickly and securely. In summary, whether you're seeking personal banking solutions or business support, Beacon is here for you every step of the way. Reach out to us at (260) 357-0400 or visit us today at 1114 S Randolph St Garrett In 46738 in Garrett, IN. Join our community and discover how we can help meet your financial needs!

Credit Cards and Business Banking

For those who love rewards, our Credit Cards with Rewards program allows you to earn points on everyday purchases. Use them for travel, shopping, or cash back whatever fits your lifestyle best. We also understand the importance of supporting local businesses. Our Business Banking services include essential tools like Merchant Services & Business Loans, ensuring small business owners have access to the resources they need to thrive.

Loans and Financing

If you're thinking about purchasing a new car or refinancing your existing vehicle, our Auto Loans & Vehicle Financing options make it easy. We help you find the right loan with competitive rates that fit within your budget. For those looking to buy a home, our Mortgage Loans & Refinancing services provide solutions designed to help you secure the best possible terms for your dream home. In addition to auto and mortgage loans, we offer Personal Loans & Debt Consolidation services. Life can throw unexpected expenses your way, and these loans can help ease the burden. Whether it's medical bills or home repairs, we've got you covered with flexible repayment options.

Personal Banking

When it comes to personal banking, we offer Checking & Savings Accounts tailored to fit different lifestyles and savings habits. Whether you are saving for a rainy day or managing daily expenses, we have an account that suits you. Imagine having access to your funds anytime with our Online & Mobile Banking options. You can check balances, transfer money, and pay bills right from your phone or computer.

Digital & Online Banking

Always Available When You Need Us

Whether it's day or night, our 24/7 online banking services ensure that you can access your accounts whenever it suits you best. This level of accessibility means you're always in control of your finances. At Beacon, we're committed to providing tools that help you manage your money effortlessly. Join us today and experience the ease of digital banking!

Explore Our Services

With our online banking platform, accessible at https://www.beaconcu.org/ , you can easily check your account balances, pay bills, and transfer money all from the comfort of your home or on the go. Plus, our mobile application puts everything right at your fingertips, allowing you to manage your accounts directly from your smartphone. Need to send money to a friend or family member? Our person-to-person transfers feature makes it easy to send funds quickly and securely. You'll never have to worry about cash or checks again!

Security Meets User-Friendliness

We prioritize your security with every transaction. Although we do not currently offer electronic signature authorization, our system is designed with robust security measures to keep your information safe. And if you prefer paperless statements, you'll be pleased to know that we provide e-statements, making it easier for you to track your financial activity without clutter. For those who love the convenience of mobile payments, our mobile payments feature allows you to make purchases directly from your device no wallet needed!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts stand at 104,055, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) total $506,786. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Beacon is your trusted partner. Visit us at 1114 S Randolph St Garrett In 46738 or call (260) 357-0400 to learn more about how we can help you achieve your financial goals.

Member Savings Security

Members' savings are secured through $390,845,188 in share certificates and $88,671,134 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our robust $2,950,547 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 258 full-time employees and 16 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $223,144,575, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,460 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Reinvestment for Better Services

With $214,449,887 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Additionally, with $2,689 in used auto loans and $1,034,908,158 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $38,355,220 in used vehicle loans and $6,985,554 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new model or a reliable used vehicle, our auto loan solutions are tailored for you.

Business Financing

For business owners, our outstanding commercial loans totaling $721,878,625 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to enhance an existing one, our team is ready to assist you with tailored solutions that fit your business model.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $20,341,190, make buying or refinancing simple. We provide guidance throughout the process and can help you find a solution that works for your budget.

Refinancing Options

If you're considering refinancing any of your existing loans or want more information about eligibility options available at Beacon, don't hesitate to reach out. Our experienced team will be happy to discuss how we can help you save money and simplify your payments. Feel free to contact us at 260-357-0400 for more details about our loan products or visit us at 1114 S Randolph St Garrett In 46738. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Beacon, we're committed to helping you navigate your financial journey with confidence and ease.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. Currently, we have total unsecured credit card loans amounting to $0, ensuring that our members can manage their finances effectively without unnecessary debt burdens.

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BEACON CREDIT UNION