BENEFITS WITH ALL BEACON CHECKING ACCOUNTS
- Online Banking
- Mobile Banking
- Mobile Deposit
- Free Direct Deposit
- E-Statements
- Overdraft Protection Options
- Direct Payment of your Beacon Loans
- ATM Access with Debit Card
7.07% Annual Percentage Yield (APY) will be paid on balances between $0.01 and $5,000 each month a member makes one direct deposit of $1,000 or more, maintains an Average Daily Balance (ADB) of $1,500 or more, is registered for E-Statements and conducts a minimum of 30 Point of Sale (POS) debit card transactions. When the criteria are not met for the 7.07 tier, the dividend defaults to the next tier of 5.05% APY. If the criteria in the 7.07% APY tier are not met, 5.05% Annual Percentage Yield (APY) will be paid on balances between $0.01 and $2,500 each month a member makes one direct deposit (no minimum), maintains an Average Daily Balance (ADB) of $300, is registered for E-Statements and conducts a minimum of 15 Point of Sale (POS) debit card transactions. When the criteria are not met for the 7.07 tier or the 5.05 tier, the dividend defaults to the next tier. See Beacon’s rate page (link) for the current Choice Plus Checking standard rate.
