Beacon Financial Credit Union Products

See all the benefits of joining our credit union!

This account can help you build your savings for multiple purposes!
A 5-year Account with a match every 12 months.
- - The match is calculated by the lowest monthly direct deposit ($1,000 MAXIMUM) of the previous 12-months.
  - The match will be paid into the account if the direct deposit requirements below are met.
  - If members make bi-weekly deposits, the match will be calculated on the monthly total.
Initial Deposit – $25 minimum
The member may make one withdrawal per year (previous 12-month cycle), penalty free.
- - If there is a 2nd withdrawal, there will not be a deposit match (bonus) for that 12-month cycle. The opening date of the account is used to determine when the 12-month cycle begins.
Direct Deposit Requirements
- - Requires a Monthly Direct Deposit/Automatic Transfer of at least $25.
Annual Percentage Yield (APY) – 0.01%
Penalty Breakdown
- - If the direct deposit stops within the first 5 years, there will be a 30% fee on the deposit match and interest earned for the life of the account.
*See Truth in Savings Disclosure for full details.

Minimum balance of $5.00 is required
Dividends are compounded and credited quarterly
Requires recurring deposit
Funds will automatically transfer on the first business day in November, members can access funds in October free from the normal $10 early withdrawal fee

A youth account where the minor is the primary and the joint account holder needs to be either a parent or legal guardian.
The joint owner needs to be a member of the Credit Union.
$25 to open the savings.
Minimum of $25 to open the CD and MAXIMUM is $10,000.
There can only be One Graduate CD per child.
CD requires a monthly Direct Deposit/Transfer of at least $50 and a MAXIMUM of $500 per month.
CD rates are tiered:
- - Year 1 – 1.00% Annual Percentage Yield (APY)
  - Year 2 – 2.00%
  - Year 3 – 3.00%
  - Year 4 – 4.00%
  - Year 5 and beyond – 5.00%
If their direct deposit stops, the rate goes back down to 1.00% APY. They have a 1-month grace period to get their direct deposit set up before it drops back down to 1.00%.Dividends paid quarterly back into the CD.
Maturity is when youth turn 18 or passes away.
Early withdrawal penalty applies.
*See Truth in Savings Disclosure for full details.

Minimum deposit of $1000.00 required to open account
6, 12, 24,36, 48, 60 and 72 months: all dividends are compounded quarterly and paid at maturity
Minimum balance requirement is $1000.00