BEACON CREDIT UNION, INCORPORATED CREDIT UNION - Lynchburg, VA

Welcome to Beacon Credit Union, Incorporated, where our members are at the heart of everything we do! Located at 107 Leroy Bowen Dr, Lynchburg, VA 24502, we have been proudly serving our community since 1939. With a robust membership base of 28,826 and total assets reaching an impressive $328,507,963, we're dedicated to providing personalized financial solutions that help you achieve your dreams. At Beacon Credit Union, we believe in the power of community and the importance of supporting our members through every financial milestone. Our total loans and leases amount to 19,386, while our deposits stand strong at $21,792,129. We also maintain a solid net worth of $34,271,657, ensuring that your money is in safe hands. Led by our experienced CEO, Greg McConville, and Board President Philip Hynes, we strive to create a welcoming environment where you can feel confident in your financial decisions. Our team of 89 employees is here to assist you with any questions or concerns you may have about your banking needs. While members can visit us at our branch address, please note that official correspondence should be sent to our mailing address: PO Box 4319, Lynchburg, VA 24502. We invite you to explore our range of services designed just for you. Whether you're looking to open an account or need assistance with loans, we're here to help. For more information about what we offer or to get started today, visit us online at beaconcu.org or give us a call at 434-237-1566. Your journey towards financial well-being starts with us!

Becoming a member of Beacon Credit Union, Incorporated is like stepping into a community that truly cares about your financial well-being. If you live, work, or worship in the Lynchburg area, you're likely already eligible to join us! Our membership is open to individuals who share our values and are ready to benefit from the personalized services we offer. Whether you're looking for savings accounts with competitive rates or loans designed for your needs, being part of our credit union means you can take advantage of it all. To learn more about the specific eligibility requirements, feel free to check out our detailed guide at http://www.mybcu.org/business/eligibility . Joining is simple and straightforward. You can easily open an account by visiting us online at https://app.loanspq.com/apply.aspx ?enc=kw21wblm1yxpjjabdozadywch0ifevo0grmd8xbeki0yt1klozjgi3ukbqwkdusizhqvo3ylmvx-ifuy0hiqippt0bw-ilg5lp-4ge35l_lborsjlwzta8nitzpjy02t or giving us a call at (434) 237-1566 for any questions. Our team at Beacon Credit Union, Incorporated, located at 107 Leroy Bowen Dr Lynchburg Va 24502, is here to support you every step of the way as you join our growing family. We can't wait to welcome you!

At Beacon Credit Union, Incorporated, we understand that your time is valuable. That's why we offer a robust suite of digital and online banking services designed to fit your busy lifestyle. With our secure and user-friendly platform, managing your finances has never been easier. Our online banking service is available 24/7 at https://www.beaconcu.org/ . Whether you want to check your balance, transfer funds, or pay bills, you can do it all from the comfort of your home or on the go. Plus, with features like person-to-person transfers, sending money to friends and family is quick and hassle-free. Security is a top priority for us. We provide electronic signature authorization, so you can complete transactions safely without needing to visit a branch. And if you're looking to reduce paper clutter, our e-statements are available for easy access to your account statements anytime you need them. For those who prefer mobile banking, our mobile application makes it simple to manage your accounts right from your smartphone. You can also take advantage of mobile payments making purchases with just a tap of your phone! At Beacon Credit Union, Incorporated, we believe in making banking as accessible as possible. Our intuitive digital services give you real-time access to your accounts and ensure that you have the tools you need for effective money management right at your fingertips. Join us today and experience the convenience of modern banking!

At Beacon Credit Union, Incorporated, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to providing reliable services and support to our community. With a net worth of $34,271,657, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.43% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $53,566,352 in share certificates and $44,987,666 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $33,453,351, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $21,693,574 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $8,757 in used auto loans and a total of $281,252,961 in loans and leases, we support our members' financial goals across various sectors. Our operational efficiency shines through with a net income of $1,760,972, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 84 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. In total, we manage 53,509 share accounts, showing a strong and growing member base that trusts us with their finances. Our net shares available for lending stand at zero; however, this positions us well for future growth and investments. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Beacon Credit Union is your trusted partner. Visit us at 107 Leroy Bowen Dr Lynchburg Va 24502 or call 434-237-1566 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.