Beacon CU (IN)

586 S Wabash St
Wabash, IN 46992
www.beaconcu.org

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Beacon CU (IN) is headquartered in Wabash and is the 5^th largest credit union in the state of Indiana. It is also the 197^th largest credit union in the nation. It was established in 1931 and as of December of 2011, it had grown to 211 employees and 45,397 members. Beacon CU (IN) has a 5-star health rating.

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See Rates for: Checking | Savings | CD | IRA

Beacon CU (IN) Checking Account Rates

Apy	Min	Max	Product
0.40%	$100	-	Interest Advantage Checking
0.00%	-	-	Net Direct Checking

Beacon CU (IN) Savings Account Rates

Apy	Min	Max	Product
0.60%	$100k	-	Savings Plus Account
0.60%	$100k	-	Health Savings Account
0.25%	$25	-	Passbook Savings

Beacon CU (IN) CD Rates

Apy	Min	Max	Product
2.11%	$2,500	-	5 Year Certificate
1.71%	$2,500	-	4 Year Certificate
1.61%	$10k	-	34 Month Certificate Special
1.51%	$2,500	-	3 Year Certificate
1.11%	$2,500	-	2 Year Certificate
0.90%	$10k	-	15 Month Certificate Special
0.80%	$2,500	-	18 Month Certificate
0.60%	$2,500	-	6 Month Certificate
0.60%	$2,500	-	1 Year Certificate

Beacon CU (IN) IRA Rates

Apy	Min	Max	Product
2.11%	$50	-	60 Month IRA Certificate
2.11%	$2,500	-	60 Month HSA certificate
1.51%	$50	-	36 Month IRA Certificate
1.51%	$2,500	-	36 Month HSA certificate
0.80%	$50	-	18 Month IRA Certificate
0.60%	$2,500	-	12 Month HSA certificate

Rates updated: 5/23/2012

Data for Q4 2011

Institution Statistics

BEACON
NCUA #	82791
BankRate Report	View
Year Chartered	1931
Employees	211
Primary Regulator
Assets and Liabilities
Assets	$925.79 million
Loans	$624.22 million
Deposits	$782.71 million
Equity Capital	$136.18 million
Loan Loss Allowance	$2.41 million
Unbacked Noncurrent Loans	$7.38 million
Real Estate Owned	$2.89 million
Historic Data - December 2010
Assets	$852.38 million
Equity Capital	$129.53 million
Loan Loss Allowance	$2.53 million
Unbacked Noncurrent Loans	$9.51 million
Real Estate Owned	$471,000
Profit Margin - Quarterly
Net Interest Margin	4.22%
Return on Assets	0.9%
Return on Equity	6.13%
Interest Income	$36.92 million
Non-Interest Income	$2.85 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Beacon CU (IN) had $10.26 million in non-current loans and owned real-estate with $138.58 million in equity and loan loss allowances on hand to cover it. This gives Beacon CU (IN) a Texas Ratio of 7.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Beacon CU (IN) held steady from 7.56% as of December 31, 2010 to 7.41% as of December 31, 2011, resulting in a positive change of 2.00%.This indicates that the balance sheet and financial strength for Beacon CU (IN) has held steady in recent periods.
Deposit Growth
In the past year, Beacon CU (IN) has increased its total deposits by $68.32 million, resulting in 9.56% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Beacon CU (IN) has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Beacon CU (IN) has $925.78 million in assets with $138.58 million in equity, resulting in a capitalization level of 14.97%, which is excellent.

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