Beacon Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.50% | Reward Checking | 1.33% - National Average |
| 3.25% | 5-year CD | 2.27% - National Average |
| 2.15% | 1-year CD | 1.37% - National Average |
Beacon Federal Credit Union is headquartered in La Porte and is the 95th largest credit union in the state of Texas. It is also the 1,197th largest credit union in the nation. It was established in 1949 and as of December of 2018, it had grown to 52 employees and 16,795 members at 6 locations. Beacon Federal Credit Union's CD rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to anyone who lives, works, worships, or attends school in the Southeast Harris County areas of Baytown, La Porte and Seabrook. Membership requires a minimum deposit of $5 into the savings account.
See current membership details
Related Posts
WORST BANK IVE EVER HAD
This is the worst bank I have ever had and I have been banking for 20 years. The customer service is terrible and they charge fees for everything. credit unions are supposed to be known for helping its members but this Credit Union only looks out for itself. They will charge overdraft fees even if something is overdrafted by $0.03 as they did with me and then they refused to refund the overdraft even though I never had an overdraft in my life. The lady was rude and said she's not going to argue with me and then I had no choice they've taken their money.
I had fraud on my account which originally caused the overdrafts. Even though the fraud money was returned they said it's not their fault the account was Frauded and refused to return the overdraft fees.
All 3 branches I've experienced the same rudeness when the credit union is in a position to help it's members but costing the bank pennies. They are a small credit union so they have to try and scam their members out of every dime they have. They promised me they would return my ATM fees if I qualified. I qualified every month but never saw a dime....lies...lies....lies.
THERE ARE MUCH BEYTER CREDIT UNIONS IN THE AREA. PLEASE RESEARCH SHELL CREDIT UNION, COMMUNITY RESOURCE CREDIT UNION, AND TDECU IN BAYTOWN, LAPORTE, PASADENA, AND CLEAR LAKE.
THESE CREDIT UNIONS WONT STEAL FROM YOU. HEDE MY WARNING BEFORE THEY TKE YOUR MONEY TOO.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6062 |
| Year Chartered | 1949 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 9.33% |
| Annual Interest Income | $5.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $163.2MM$165.0MM |
| Loans | Q4 2018vs Q4 2017 | $95.2MM$85.5MM |
| Deposits | Q4 2018vs Q4 2017 | $150.0MM$152.4MM |
| Equity Capital | Q4 2018vs Q4 2017 | $12.5MM$11.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $558.00K$695.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $289.00K$181.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $7.00K$7.00K |
Always verify rates and promotions with the bank or credit union. We are not Beacon Federal Credit Union; 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 Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | $5 | - | IRA Savings Account | |
| 0.35% | $5 | - | Roth IRA Savings Account | |
| 0.10% | $5 | - | Christmas Club Account | |
| 0.10% | $5 | - | Vacation Club Account | |
| 0.10% | $100 | - | Regular Shares Account | |
| 0.10% | $5 | - | Moe Savers |
Beacon Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $25k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → Up to $10k | 0.25% → $10k - $25k | |||||
Beacon Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.50%* | - | $20k | Vision Rewards Free Checking | ||
| OTHER TIERS: 0.10% → $20k+ | |||||
Beacon Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.25% | $1k | - | 60 Month CD | |
| 3.05% | $7k | $100k | 30 Month CD Promotion - New money | |
| 2.80% | $1k | - | 36 Month CD | |
| 2.55% | $1k | - | 24 Month CD | |
| 2.15% | $1k | - | 12 Month CD | |
| 1.30% | $1k | - | 6 Month CD | |
| 1.05% | $1k | - | 3 Month CD |
Beacon Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.25% | $1k | - | 60 Month IRA | |
| 3.25% | $1k | - | 60 Month Roth IRA | |
| 2.80% | $1k | - | 36 Month IRA | |
| 2.80% | $1k | - | 36 Month Roth IRA | |
| 2.55% | $1k | - | 24 Month IRA | |
| 2.55% | $1k | - | 24 Month Roth IRA | |
| 2.15% | $1k | - | 12 Month IRA | |
| 2.15% | $1k | - | 12 Month Roth IRA | |
| 1.30% | $1k | - | 6 Month IRA | |
| 1.30% | $1k | - | 6 Month Roth IRA | |
| 1.05% | $1k | - | 3 Month IRA | |
| 1.05% | $1k | - | 3 Month Roth IRA |
| Beacon Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 2901 Sens Rd | La Porte, TX 77571 |
| Branch Office | 2812 N Alexander Dr | Baytown, TX 77520 |
| Branch Office | 2156 Bayport Blvd | Seabrook, TX 77586 |
| Branch Office | 4701 East Blvd | Deer Park, TX 77536 |
| Branch Office | 3501 Clear lake City Blvd | Houston, TX 77059 |
| Branch Office | 6001 E Wallisville Rd | Baytown, TX 77521-6533 |