Best Auto Loans & Business Banking | Beacon Peru IN Credit Union

Introduction

Welcome to Beacon at 820 N Broadway, Peru, IN 46970! As a trusted partner in your financial journey since 1931, we pride ourselves on being more than just a credit union; we're a community. With over 47,685 members benefiting from our services, we are dedicated to helping you achieve your financial goals. At Beacon, our total assets stand strong at $1,528,868,143, reflecting our commitment to providing secure and reliable banking solutions. Our members enjoy a robust selection of services, including personal checking and savings accounts, auto loans, mortgage options, and business banking. With $39,288,415 in total deposits and a net worth of $223,144,575, you can trust that your money is in good hands. Led by our CEO, Dustin Cuttriss, and Board President, Herbert Horrom, our team of 274 employees is here to support you every step of the way. Whether you need assistance with loans over 11,427 currently funded or are looking for convenient online banking options through our website at beaconcu.org, we're here for you. While members can visit us at our branch address for all their banking needs, any official correspondence should be directed to the same address: 820 N Broadway, Peru, IN 46970. Join us today and experience the difference that comes with being a part of the Beacon family. We invite you to call us at (260) 563-7443 or stop by to learn more about how we can help you thrive financially. Your future starts here!

Branch History & Mission

Commitment to Innovation

As technology continues to advance, so do we. Beacon Credit Union offers online and mobile banking services for easy access to your accounts anytime, anywhere. Additionally, we're proud to maintain ADA compliance at our facilities ensuring everyone can access our services without barriers. While members can visit us at 820 N Broadway, official correspondence should be sent to the same address for convenience. If you're looking for personalized financial assistance or have questions about your membership benefits, don't hesitate to call us at 260-563-7443. Join us today at Beacon Credit Union and experience firsthand how we're dedicated to serving you and our community! Together, let's build a brighter financial future!

Our Mission

At Beacon Credit Union, we believe that financial success should be within everyone's reach. Our mission is not just about numbers; it's about making a real impact in the lives of our members and the wider community. We strive to empower individuals by providing them with tools and resources to achieve their financial goals. Whether it's helping you secure a loan or guiding you through savings plans, we are here every step of the way. We also recognize the importance of community support. That's why we actively participate in various outreach programs and partnerships that aim to enrich the lives of those around us. From local charities to educational initiatives, we are dedicated to giving back and fostering a thriving environment for all residents.

Branch Location & Accessibility

Call to Action

We invite you to come visit us at the Beacon Credit Union branch in Peru! Our friendly staff is ready to help with whatever banking needs you may have. Don't hesitate to call us at 260-563-7443 if you have questions or would like more information about our services. We look forward to serving you soon!

Local Landmarks and Accessibility

Our branch is situated near popular landmarks that make it easy to fit a visit into your day. Just a short drive from downtown Peru and close to local shops and restaurants, you'll find parking available for your convenience. We strive to be accessible for everyone, with features like ADA-compliant entrances and ramps ensuring that all members can easily access our services.

Operating Hours and Services

Beacon Credit Union is open Monday through Friday from 8:30 AM to 5:00 PM, with extended hours on Wednesdays when we close at 12:00 PM. We're also open on Saturdays until noon! Our drive-thru service allows you to take care of simple transactions without leaving your car perfect for those busy days when you're on the go. We offer a range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Our online and mobile banking platforms make it easy to manage your finances wherever you are.

Member Eligibility

At Beacon, we believe that becoming a member is more than just opening an account; it's about joining a community that supports your financial journey. If you're interested in joining us, you'll be glad to know that membership is open to anyone who lives, works, or worships in the area around 820 N Broadway Peru In 46970. This means that whether you're a long-time resident or new to the neighborhood, you have the opportunity to enjoy all the benefits we offer, from personalized service to competitive rates on loans and savings. To get started, simply reach out to us at (260) 563-7443 for any questions or guidance on the process. You can also visit our website for detailed eligibility criteria and information on how to open your account. We're excited to welcome you into our family at Beacon! For further details, feel free to check out our eligibility page.

Business Banking & Commercial Services

Commercial Loans that Empower Growth

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 for Everyday Transactions

Running a business requires efficient management of daily transactions. Our merchant services simplify this process by offering secure payment processing solutions that cater to all types of businesses. Picture this: your customers can easily pay with their credit cards, mobile wallets, or other digital methods making their shopping experience smooth and hassle-free. This not only enhances customer satisfaction but also helps you manage your cash flow effectively. Visit us at 820 N Broadway Peru In 46970 in Peru, IN or call us at (260) 563-7443 to learn how our business banking and commercial services can help propel your enterprise forward!

Comprehensive List Of Services

Credit Options and Business Banking

Don't forget about rewards! Our Credit Cards with Rewards offer a fantastic way to earn points while making everyday purchases. This means that your spending can actually work for you! For entrepreneurs and business owners, we have dedicated services under our Business Banking umbrella. From essential Merchant Services that streamline transactions to flexible Business Loans, we understand the importance of managing cash flow and supporting growth.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we've invested in our Online & Mobile Banking platforms. You can check balances, transfer money, and pay bills all from your smartphone or computer anytime, anywhere. Plus, with our ATM & Cash Withdrawal Services available at multiple locations, accessing your money has never been easier.

Drive-Thru and ATM Services

For quick transactions, visit us at our basic drive-thru service for deposits, withdrawals, and simple transactions without ever leaving your car. Our ATMs also allow for easy access where you can withdraw cash or check your balance quickly. At Beacon, we're more than just a credit union; we're a community partner committed to helping you reach your financial goals. With friendly staff ready to assist you and a variety of services tailored to meet diverse needs, we invite you to explore all that we have to offer. For more information or assistance regarding any of these services, please call us at (260) 563-7443. We're excited to serve you!

Personal Banking Solutions

Starting with personal banking, we offer various Checking & Savings Accounts that help you manage your day-to-day finances effectively. Imagine having a checking account that not only allows you to make purchases easily but also helps you save with attractive interest rates on savings accounts. We also provide Auto Loans & Vehicle Financing, making it straightforward for you to drive home in your dream car without unnecessary delays. If you're considering buying a home or refinancing your existing mortgage, our Mortgage Loans & Refinancing options are tailored to guide you through the process with competitive rates. For those unexpected expenses or plans that require extra funds, our Personal Loans & Debt Consolidation services can provide the financial relief you need.

Digital & Online Banking

Key Features

With just a few clicks, you can log in to our online banking at https://www.beaconcu.org/ . Here, you'll find everything you need for real-time account management. From checking your balance to making transfers, it's all right at your fingertips. You can even set up e-statements, making it easier to keep track of your transactions without the clutter of paper statements yes, we do provide Yes! Need to send money to a friend? Our person-to-person transfer feature lets you do just that with ease. Plus, if you're on the go, our mobile application makes banking even more accessible. Whether you want to pay bills or make payments using mobile payments features, everything is designed with your convenience in mind.

Security and Convenience

We take security seriously at Beacon. Your personal information is protected through advanced security measures so you can bank with confidence. While we currently don't offer electronic signature authorization services, our other offerings ensure smooth transactions and peace of mind. Our 24/7 online banking service means you can handle your financial tasks whenever it suits you best day or night! Whether you're at home or out and about, you have complete control over your finances right from the palm of your hand. In summary, at Beacon, we're committed to providing user-friendly and secure digital banking solutions that fit into your busy lifestyle. Experience hassle-free banking today!

Financial Strength

Growing Membership Trust

Total Share Accounts stand at 104,055, showing a strong and growing member base that trusts us with their finances. 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 820 N Broadway Peru In 46970 or call 260-563-7443 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Member Savings Secured

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 net income of $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 and committed team.

Reinvesting in Member 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. Our lending capacity supports your financial goals across various sectors with $2,689 in used auto loans and a total of $1,034,908,158 in loans and leases.

Solid 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 1460 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

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 it's for a shiny new model or a reliable used vehicle, we are here to assist you every step of the way.

Business Financing

For business owners, our outstanding commercial loans totaling $721,878,625 provide the capital needed to grow and expand. We support local businesses by offering tailored solutions that fit their unique needs.

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 believe everyone deserves a chance at owning their home, and our team is ready to guide you through the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. Our credit cards come with rewards that can benefit your everyday spending. At Beacon, we want to ensure you have all the options available to make informed decisions about your finances. If you're considering refinancing or are curious about eligibility options for any of our loan products, please reach out to us at (260) 563-7443. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We're committed to transparency and helping our members navigate their financial journeys with confidence. Come visit us at 820 N Broadway Peru In 46970, Peru, IN, or check out our website at https://www.beaconcu.org/ for more information!

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BEACON CREDIT UNION