Certificate Rates to Help You Relax and Save

Relax and save today with a Certificate Rate that fits your budget and lifestyle.

Now's the perfect time to plan for your future. Lock in your rate with this amazing certificate special. For a limited time, you can choose between 2.00% APY for 25 Months or 1.50% APY for 14 Months. Call Beacon at 434.237.1566 for more information or visit a Beacon Branch location to open your account today.

*Offer only valid on deposit balances of $25,000 or more.

For all certificate promotions: APY = Annual Percentage Yield. Early withdrawal penalties apply. Rates do not apply to IRA certificates. Offers are for new monies only. Other rates and terms available. Rates accurate as of 6/27/22. Other restrictions may apply. Offer subject to change.

Are you a victim of behavioral finance? Find out more from the Beacon Learning Center

Have you explored the Beacon Learning Center yet? The topics, courses, and calculators are endless. You can peruse the site at your leisure or sign up for a customized experience with quizzes, challenges, and even the chance to win money. 

Articles that help you determine whether you're a victim of behavioral finance.

1. 6 Actions to Take If You are Living Paycheck to Paycheck

It is estimated that four out of five Americans are currently living "paycheck to paycheck." If you find yourself in this scenario, you probably feel stressed and overwhelmed. It is time to take control of your financial situation.

6 ACTIONS TO TAKE IF YOU ARE LIVING PAYCHECK TO PAYCHECK

2. Are You an Emotional Spender?

After a bad day, it can feel good to go out and treat yourself. Though this can be beneficial when done in moderation, there are times when many of us end up relying on these purchases to brighten our moods. To help you better understand what this type of behavior is, we've answered some of the most important questions one might have about emotional spending.

ARE YOU AN EMOTIONAL SPENDer?

3. Is Social Media Influencing Your Spending Habits?

You might have heard that spending too much time on social media can affect your mental health, but have you considered how it affects your financial health?

IS SOCIAL MEDIA INFLUENCING YOUR SPENDING HABITS?

4. Are You a Financial Enabler?

If you're trying to figure out whether you've crossed the line from helping out a loved one to enabling, we've come up with some broad outlines to help you better assess your personal situation.

ARE YOU A FINANCIAL ENABLER?

5. How to Resist Financial Peer Pressure

When your friends are pressuring you to spend more than you think you ought to, it can be extremely difficult to say no. We'll look at a few strategies to help you artfully say "no, thanks."

HOW TO RESIST FINANCIAL PEER PRESSURE

Do you enjoy these articles from the Beacon Learning Center? Don't forget, if you register, you receive customized content specifically for you, plus courses, webinars, financial calculators and much more.

REGISTER TODAY FOR FREE

Financial Caregivers & The Roles They Play. 

Are you in the process of becoming a financial caregiver for someone—maybe an aging parent? There are a few types of financial caregivers, and each one has different roles, responsibilities, and legalities.

POWER OF ATTORNEY – An individual in need of financial assistance (known as the principal) can give another person (known as the agent) a “power of attorney” that allows them to make decisions on the principal’s behalf. The agent typically manages and has access to the principal’s bank and other financial accounts. If the power of attorney is durable, the agent maintains the powers bestowed upon them if the principal later becomes incapacitated.

TRUSTEE – A trustee is a person named in a trust to manage the trust property on behalf of the beneficiaries. Trust property may include different types of property, such as real estate, financial accounts, or personal belongings. Insurance and retirement accounts can also name a trust as a beneficiary. The trustee is responsible for protecting, managing, and distributing trust assets in accordance with the trust document.

FIDUCIARY – A fiduciary is someone who is responsible for managing someone else’s money or property and owes a higher standard of care to the person acting in this capacity. Conservator – A conservator is a person appointed by a court to manage another’s financial affairs.

REPRESENTATIVE PAYEE – A representative payee is a special type of financial caregiver who is appointed to manage government benefits on behalf of someone else, such as Social Security or VA benefits.

BCU Learning Center: 5 Articles that can Help with Your Taxes

Have you explored the Beacon Learning Center yet? The topics, courses and calculators are endless. You can peruse the site at your leisure or sign up for a customized experience with quizzes, challenges and even the chance to win money. 

Here are 5 Learning Center articles that can help you with your taxes this year.

1. How Taxes Affect Your Paycheck

Have you ever received a paycheck and been surprised to find that your earning are less than expected? This course breaks down how your taxes affect your paycheck.

How Taxes Affect Your Paycheck

2. Gift and Estate Taxes

If you want to transfer some or all of your assets, be aware that the IRS can tax your possessions whether you're alive or dead. The good news is that Uncle Sam provides plenty of exemptions.

Gift and Estate Taxes

3. Can I Deduct My Tuition From My Federal Taxes

The federal government offers federal tax benefits, tax credit, tax deductions, and savings incentives that can help offset college costs.

Can I Deduct My Tuition From My Federal Taxes

4. How to Get an Even Bigger Tax Refund Next Year

Wouldn't be nice to either increase next year's refund or keep more of your paycheck through the rest of the year? Try these tips.

How to Get an Even Bigger Tax Refund Next Year

5. Understanding Self Employment Taxes

Self-employment taxes can be overwhelming when you're starting your own business. Get started with the basics here.

Understanding Self Employment Taxes