Beacon Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.65% | Reward Checking | Vision Rewards Free Checking 1.76% - National Average |
| 1.75% | 5-year CD | 60 Months CD 1.85% - Synchrony Bank 60 Month CD |
| 0.60% | 1-year CD | 12 Months CD 1.05% - Ally Bank High Yield 12-Month CD |
Beacon Federal Credit Union is headquartered in La Porte and is the 97th largest credit union in the state of Texas. It is also the 1,228th largest credit union in the nation. It was established in 1949 and as of June of 2016, it had grown to 57 employees and 16,570 members at 6 locations. Beacon Federal Credit Union 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 Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6062 |
| Year Chartered | 1949 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 0.72% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $146.9MM$141.7MM |
| Loans | Q2 2016vs Q2 2015 | $86.6MM$83.2MM |
| Deposits | Q2 2016vs Q2 2015 | $134.2MM$129.2MM |
| Equity Capital | Q2 2016vs Q2 2015 | $11.9MM$11.6MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $394.00K$335.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $345.00K$201.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $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% | $100 | - | IRA Savings Account | |
| 0.35% | $100 | - | Roth IRA Savings Account | |
| 0.10% | - | - | Christmas Club Account | |
| 0.10% | - | - | Vacation Club Account | |
| 0.10% | $100 | - | Regular Shares Account | |
| 0.10% | - | - | Moe Savers |
Beacon Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.30%* | $25k* | - | Money Market Account | ||
| OTHER TIERS: 0.10% → Up to $2,500 | 0.25% → $2,500 - $25k | |||||
Beacon Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.65%* | - | $20k | Vision Rewards Free Checking | ||
| OTHER TIERS: 0.10% → $20k+ | |||||
Beacon Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.75% | $1k | - | 60 Months CD | |
| 1.30% | $1k | - | 36 Months CD | |
| 0.95% | $1k | - | 24 Months CD | |
| 0.60% | $1k | - | 12 Months CD | |
| 0.40% | $1k | - | 6 Months CD | |
| 0.20% | $1k | - | 3 Months CD |
Beacon Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.75% | $1k | - | 60 Months IRA | |
| 1.30% | $1k | - | 36 Months IRA | |
| 0.95% | $1k | - | 24 Months IRA | |
| 0.60% | $1k | - | 12 Months IRA | |
| 0.40% | $1k | - | 6 Months IRA | |
| 0.20% | $1k | - | 3 Months IRA |
| Beacon Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1235 Clear Lake City Blvd | Houston, TX 77062 |
| 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 |