Beacon Credit Union (IN)


Overview / Commentary
260-563-7443
586 S Wabash St
Wabash, IN 46992

Beacon Credit Union (IN) is headquartered in Wabash and is the 11th largest credit union in the state of Indiana. It is also the 315th largest credit union in the nation. It was established in 1931 and as of June of 2024, it had grown to 258 employees and 47,626 members at 19 locations. Beacon Credit Union (IN)'s money market rates are 7X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Beacon Credit Union is open to those who live or work in the Indiana counties of Adams, Allen, Bartholomew, Blackford, Boone, Carroll, Cass, Clark, Clinton, Daviess, Decatur, DeKalb, Delaware, Dubois, Fayette, Fountain, Fulton, Grant, Hancock, Henry, Howard, Huntington, Jackson, Jasper, Jennings, Johnson, Knox, Kosciusko, LaPorte, Madison, Marshall, Miami, Montgomery, Morgan, Noble, Pulaski, Randolph, Rush, Shelby, Starke, Steuben, St. Joseph, Tippecanoe, Tipton, Union, Wabash, Wayne, Wells, White, or Whitley.
See current membership details

Reviews (1)

America Share Insurance Insured—NOT NCUA Insured

Posted by: |

I was just reviewing the CU website and noticed they are NOT Federally insured. They disclose this fact clearly. This may be a no-go for some.



Health

Health Grade Components

Overall
NCUA #82791
Year Chartered1931
Employees258
Primary Regulator
Profit Margin
Return on Assets - YTD0.25%
Return on Equity - YTD2.37%
Annual Interest Income$29.5MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$1.5B$1.49B
LoansQ2 2024vs Q2 2023$1.02B$968.6MM
DepositsQ2 2024vs Q2 2023$1.23B$1.25B
Equity CapitalQ2 2024vs Q2 2023$157.3MM$152MM
Loan Loss AllowanceQ2 2024vs Q2 2023$3.5MM$3.7MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$687K$210K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Beacon Credit Union (IN); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Beacon Credit Union (IN) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$0-Savings Plus
0.20%$0-Health Savings Account
0.20%$0-IRA Savings
0.20%$0-Business Savings Plus

Beacon Credit Union (IN) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.15%*$500k*-Business Advantage Money Market
OTHER TIERS: 0.95% $10k - $50k | 1.95% $50k - $100k | 2.45% $100k - $250k | 2.95% $250k - $500k
2.95%*$250k*-Advantage Money Market
OTHER TIERS: 0.45% $1k - $10k | 0.95% $10k - $50k | 1.95% $50k - $100k | 2.45% $100k - $250k

Beacon Credit Union (IN) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$0$10kAdvantage Plus Checking
OTHER TIERS: 0.05% $10k+
0.75%*$25k*-Business Checking Pro
OTHER TIERS: 0.25% $0 - $1k | 0.50% $1k - $25k
0.20%$100-Interest Advantage Checking

Beacon Credit Union (IN) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.66%$100k-3 Month Jumbo CD
4.55%$1k-3 Month CD
4.55%$1k-3 Month HSA Certificate
4.40%$1k-7 Month CD
4.40%$1k-7 Month HSA Certificate
2.86%$100k-1 Year Jumbo CD
2.81%$100k-5 Year Jumbo CD
2.75%$1k-1 Year CD
2.75%$1k-1 Year HSA Certificate
2.70%$1k-5 Year CD
2.70%$1k-5 Year HSA Certificate
2.70%$100k-4 Year Jumbo CD
2.60%$1k-4 Year CD
2.60%$100k-3 Year Jumbo CD
2.60%$1k-4 Year HSA Certificate
2.50%$1k-3 Year CD
2.50%$1k-3 Year HSA Certificate
2.50%$100k-2 Year Jumbo CD
2.46%$100k-18 Month Jumbo CD
2.41%$100k-6 Month Jumbo CD
2.40%$1k-2 Year CD
2.40%$1k-2 Year HSA Certificate
2.35%$1k-18 Month CD
2.35%$1k-18 Month HSA Certificate
2.30%$1k-6 Month CD
2.30%$1k-6 Month HSA Certificate

Beacon Credit Union (IN) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.55%$1k-3 Month IRA Certificate
4.40%$1k-7 Month IRA Certificate
2.75%$1k-1 Year IRA Certificate
2.70%$1k-5 Year IRA Certificate
2.60%$1k-4 Year IRA Certificate
2.50%$1k-3 Year IRA Certificate
2.40%$1k-2 Year IRA Certificate
2.35%$1k-18 Month IRA Certificate
2.30%$1k-6 Month IRA Certificate
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.