HOME EQUITY LINE OF CREDIT

Home Equity Line of Credit

Annual Percentage Rate2

Minimum Line of Credit

$10,000 to $19,999

Prime + 1 to Prime + 6

$10,000 minimum draw

$20,000 to $29,999

Prime + .50 to Prime + 5.50

$15,000 minimum draw

$30,000 to 39,999

Prime + 0 to Prime + 4.75

$20,000 minimum draw

$40,000 and above

Prime + -.25 to Prime + 4.50

$25,000 minimum draw

 

HOME EQUITY LOANS

Home Equity Loans

Annual Percentage Rate3

Minimum Loan Amount

60 months

5.25% to 7.25%

$15,000

72 months

5.25% to 7.25%

$15,000

84 months 

5.25% to 7.25%

$15,000

120 Months 

5.25% to 7.25%

$15,000

 

PERSONAL LOANS

Personal Loans

Annual Percentage Rate

Minimum Loan Amount

24 Months

12.75% to 16.00%

N/A

36 Months

13.50% to 16.50%

N/A

42 Months 

15.50% to 17.50%

N/A 

 

Security Only Loans4

36 Months

6.00% to 8.75%

Up to 110% NADA Value-limitations apply

 48 Months

 6.25% to 9.00%

Up to 110% NADA Value-limitations apply

 60 Months

 6.50% to 8.50%

Up to 110% NADA Value-limitations apply

 66 Months

 6.75% to 8.75%

Up to 110% NADA Value-limitations apply

 

SHARED SECURED LOANS

Shared Secured Loans

Annual Percentage Rate

Conditions

120 Months

3% Above Deposit Rate

N/A

 

VISA CARDS

VISA Cards

Annual Percentage Rate

Limits and Conditions

 Blue

17.25% Variable 

$500 to $3,000 

 Black

8.75% Variable 

$5,000 to $20,000 

Classic

13.50% Variable

$500 to $5,000

Platinum

11.50% Variable

$5,000 to $20,000

 

BOATS/ RV'S/ MOTORCYCLES

Boats/RV's/Motorcycles

Annual Percentage Rate

Conditions

60 Months

10.00% to 17.00%

80% of Retail

 66 Months

10.50% to 17.50% 

80% of Retail

72 Months

11.00% to 18.00%

80% of Retail

 

NEW & USED AUTO LOANS

New and Used Auto Loans (approximate term)

Annual Percentage Rate

Conditions4

48 Months

6.05% to 13.05%

Up to 115% NADA Value limitations apply

60 Months

5.65% to 12.65%

Up to 115% NADA Value limitations apply

66 Months

4.70% to 11.70%

Up to 115% NADA Value limitations apply,
Minimum $15,000

72 Months

4.15% to 11.15%

Up to 115% NADA Value limitations apply,
Minimum $20,000

84 Months

3.80% to 10.80%

Up to 115% NADA Value limitations apply,
Minimum $25,000

 
  1. The Annual Percentage rate (APR) for this Home Equity Line of Credit is variable based on the highest domestic prime rate published in the Wall Street Journal. Call 1-434-237-1566 for current rates. Minimum line amount is $10,000.  Loan to value not to exceed 80% of tax assessed value. 1- to 2- family owner-occupied residences only. This offer is subject to change at any time without notice. No Annual Fees. Consult a tax advisor regarding the tax deductibility of interest. Maximum possible APR is 24%. Minimum possible APR is 4%. Property insurance is required which includes, as required, flood insurance. Other restrictions may apply.
  2. Home Equity Loans minimum loan amount is $10,000. Loan to value not to exceed 80% of tax assessed value. 1- to 2- family owner-occupied residences only. This offer is subject to change at any time without notice. Property insurance is required which includes, as required, flood insurance. Other restrictions may apply.

  3. Limitations on NADA value based on credit score of applicant.

  4. Rates and terms are subject to change.

CHECKING ACCOUNTS

Checking Accounts

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Basic Checking

$25.00

N/A

0.00%

0.00%

Monthly

Preferred
Checking

$100

$200 Average
Daily Balance

0.10%

0.10%

Monthly

Choice Plus Checking

$100

$300 Average
Daily Balance

Tier 1 $0.00 to $2,500

Tier 2 Over $2,500

Tier 1 - 5.05%

Tier 2 - 0.10%

Tier 1 - 4.94%

Tier 2 - 0.10%

Monthly


SAVINGS ACCOUNTS

Savings Accounts

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Regular Share

$25

$200

0.20%

0.20%

Monthly

Tiered Savings

$25

$0.00 to $999.99

0.20%

0.20%

Monthly

 

 

$1,000 to $4,999.99

0.25%

0.25% 

Monthly 

 

 

$5,000 to $9,999.99

0.30%

0.30% 

Monthly 

 

 

$10,000 to $49,999.99

0.35%

0.35%

Monthly 

 

 

$50,000 to
$99,999.99

0.40%

0.40%

Monthly

 

 

$100,000
and up

0.45%

0.45%

Monthly

Christmas Club

N/A

N/A

0.20%

0.20%

Monthly

Vacation Club

N/A

N/A

0.20%

0.20%

Monthly

IRA

N/A

N/A

.75%

.75%

Monthly

Kirby Account

 

N/A

Up to $5,000

2.01%

2.00%

Monthly

 

$5,000
and up

.20%

.20%

Monthly


HORIZON TIERED MONEY MARKET*

Horizon Money Market

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Tiered Money Market

$100

$0.00 to 
$1,999.99

N/A

N/A

Monthly

 

 

$2,000 to $4,999.99

0.25%

0.25%

Monthly

 

 

$5,000 to $9,999.99

0.30%

0.30%

Monthly

 

 

$10,000 to $49,999.99

0.40%

0.40%

Monthly

 

 

$50,000 and above

0.45%

0.45%

Monthly

*The Beacon Horizon Tiered Money Market is a blended rate product. Members will earn the stated APY from each of the minimum balance points in each tier. Example: If a member has a total balance of $15,000, $0.00 to $1,999.99 will not earn an APY. $2,000 to $4,999.99 will earn an APY of 0.25%. $5,000 to $9,999.99 will earn an APY of 0.30%. $10,000 to $15,000 will earn an APY of 0.40%. Please contact a Beacon Credit Union representative for any questions 1.800.868.6655.

CERTIFICATES

Certificates

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Special 5 Year Certificate

$10,000

$10,000

2.00%

1.98%

Monthly

Special 3 Year Certificate

$5,000

$5,000

1.45%

1.43%

Monthly

12 Month Bump

$500

$500

0.40%

0.40%

Monthly

6 Months

$500

$500

0.25%

0.25%

Monthly

12 Months

$500

$500

0.45%

0.45%

Monthly

18 Months

$500

$500

0.60%

0.60%

Monthly

24 Months

$500

$500

0.70%

0.70%

Monthly

For 24 month share certificates, the early withdrawal penalty will increase to 180 days of dividend whether earned or not.

36 Months

$500

$500

0.85%

0.85%

Monthly

For 36 month share certificates, the early withdrawal penalty will increase to 270 days of divident whether earned or not.

48 Months

$500

$500

1.15%

1.16%

Monthly

For 48 month share certificates, the early withdrawal penalty will increase to 365 days of divident whether earned or not.

60 Months

$500

$500

1.35%

1.36%

Monthly

For 60 month share certificates, the early withdrawal penalty will increase to 365 days of divident whether earned or not.

BUSINESS SAVINGS

Horizon Money Market

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

3 Months

$500

$500

0.10%

0.10%

Monthly

6 Month

$500

$500

0.20%

0.20%

Monthly

 

1 - All rates, except fixed rate certificates of deposit, are subject to change after the account is opened. You must maintain the minimum balance listed in the account disclosure, if any, to earn the advertised Annual Percentage Yield (APY). Fees may reduce earnings on accounts. A penalty will be imposed for premature withdrawal from Certificates of Deposit. Personal accounts only. Rates and terms are subject to change.

CHECKING ACCOUNTS

Checking Accounts

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Basic Checking

$25.00

N/A

0.00%

0.00%

Monthly

Preferred
Checking

$100

$200 Average
Daily Balance

0.10%

0.10%

Monthly

Choice Plus Checking

$100

$300 Average
Daily Balance

Tier 1 $0.00 to $2,500

Tier 2 Over $2,500

Tier 1 - 5.05%

Tier 2 - 0.10%

Tier 1 - 4.94%

Tier 2 - 0.10%

Monthly


SAVINGS ACCOUNTS

Savings Accounts

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Regular Share

$25

$200

0.20%

0.20%

Monthly

Tiered Savings

$25

$0.00 to $999.99

0.20%

0.20%

Monthly

 

 

$1,000 to $4,999.99

0.25%

0.25% 

Monthly 

 

 

$5,000 to $9,999.99

0.30%

0.30% 

Monthly 

 

 

$10,000 to $49,999.99

0.35%

0.35%

Monthly 

 

 

$50,000 to
$99,999.99

0.40%

0.40%

Monthly

 

 

$100,000
and up

0.45%

0.45%

Monthly

Christmas Club

N/A

N/A

0.20%

0.20%

Monthly

Vacation Club

N/A

N/A

0.20%

0.20%

Monthly

IRA

N/A

N/A

.75%

.75%

Monthly

Kirby Account

 

N/A

Up to $5,000

2.01%

2.00%

Monthly

 

$5,000
and up

.20%

.20%

Monthly


HORIZON TIERED MONEY MARKET*

Horizon Money Market

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Tiered Money Market

$100

$0.00 to 
$1,999.99

N/A

N/A

Monthly

 

 

$2,000 to $4,999.99

0.25%

0.25%

Monthly

 

 

$5,000 to $9,999.99

0.30%

0.30%

Monthly

 

 

$10,000 to $49,999.99

0.40%

0.40%

Monthly

 

 

$50,000 and above

0.45%

0.45%

Monthly

*The Beacon Horizon Tiered Money Market is a blended rate product. Members will earn the stated APY from each of the minimum balance points in each tier. Example: If a member has a total balance of $15,000, $0.00 to $1,999.99 will not earn an APY. $2,000 to $4,999.99 will earn an APY of 0.25%. $5,000 to $9,999.99 will earn an APY of 0.30%. $10,000 to $15,000 will earn an APY of 0.40%. Please contact a Beacon Credit Union representative for any questions 1.800.868.6655.

CERTIFICATES

Certificates

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

Special 5 Year Certificate

$10,000

$10,000

2.00%

1.98%

Monthly

Special 3 Year Certificate

$5,000

$5,000

1.45%

1.43%

Monthly

12 Month Bump

$500

$500

0.40%

0.40%

Monthly

12 Months

$500

$500

0.45%

0.45%

Monthly

18 Months

$500

$500

0.60%

0.60%

Monthly

24 Months

$500

$500

0.70%

0.70%

Monthly

For 24 month share certificates, the early withdrawal penalty will increase to 180 days of dividend whether earned or not.

36 Months

$500

$500

0.85%

0.85%

Monthly

For 36 month share certificates, the early withdrawal penalty will increase to 270 days of divident whether earned or not.

48 Months

$500

$500

1.15%

1.16%

Monthly

For 48 month share certificates, the early withdrawal penalty will increase to 365 days of divident whether earned or not.

60 Months

$500

$500

1.35%

1.36%

Monthly

For 60 month share certificates, the early withdrawal penalty will increase to 365 days of divident whether earned or not.

BUSINESS SAVINGS

Horizon Money Market

Minimum To Open

Balance To Earn APY

APY1

Dividend
Rate

Dividends Compounded

3 Months

$500

$500

0.10%

0.10%

Monthly

6 Month

$500

$500

0.20%

0.20%

Monthly

 

1 - All rates, except fixed rate certificates of deposit, are subject to change after the account is opened. You must maintain the minimum balance listed in the account disclosure, if any, to earn the advertised Annual Percentage Yield (APY). Fees may reduce earnings on accounts. A penalty will be imposed for premature withdrawal from Certificates of Deposit. Personal accounts only. Rates and terms are subject to change.
  footer line

NCUA Information  | Our Rates | Security Resources
Copyright © 2007 Beacon Credit Union | All rights reserved.

footer line   NCUA Web Logo Credit Union   Equal Housing Logo Credit Union