Do you have a new family member who likes to chew the furniture? With new pets or any life changes unexpected costs tend to pop up when you're least prepared for them.

We got you covered with the 'Life Happens' Home Equity Loan.

For a limited time, not only do we have introductory Home Equity rates starting at 2.89% APR,* we'll pay your closing costs up to $1,000**. 

You can use the equity in your home to...

  • Consolidate Bills
  • Home Improvements
  • Pay for Education
  • Buy a new car

(Did we mention home improvements?)

Visit a branch today and find out more about this great offer. You can use more your money to pay for whatever doozy life might throw at you.


*Annual Percentage Rate. All offers subject to credit qualification. To receive the discounted introductory rate the client must take an initial draw at closing from the new line of credit of greater than or equal to $25,000. Initial balances of greater than or equal to $25,000 as well as any other outstanding balances on your new line of credit during the first 12 months after loan closing date will be calculated at the introductory variable rate. After 12 months, the variable rate will be the Prime rate, plus or minus a margin. Margin will be determined by a number of factors including, but not limited to, your credit score. Prime Rate as published in the Wall Street Journal, ten days before the end of the prior month (called the “Index”). As of January 1 2018 the variable rates for home equity lines of credit are 4.25%-10.50% APR. The maximum APR that can apply during the term of the Line of Credit is 24% or the max permitted by state law, whichever is less. 15 year draw period and 15 year repayment period. Offer only available on properties in Virginia and North Carolina. This offer is limited to owner-occupied, single-family dwellings and is not valid for rental properties, cooperatives, mobile homes or residential lots. There is no origination fee charged to open a Beacon Home Equity Line however a minimum share account balance of $25 is required for membership. Setup fees range between $0 and $10,000, of which Beacon will cover the first $1000. Early Payoff (within 36 months) may require remittance of any closing costs Beacon paid on your behalf. Property insurance, and flood insurance where applicable, may be required. All credit union programs may change or end at any time.
**Closing fees that will be covered by Beacon are Appraisal fees, Title Work, Flood determination fees, Notary fees, Deed recording costs, Lenders title insurance and Attorney’s fees. Any additional fees required will be the responsibility of the member at closing. If you pay off your Beacon Home Equity Line of Credit within 36 months from the date of loan origination, you may be required to remit any closing costs Beacon paid on your behalf. Property insurance and flood insurance where applicable, may be required.

Warning! Be wary of emails claiming to be from Netflix. While the email about the newest season of Stranger Things may be authentic, Roanoke police have warned that people are recieving emails that appear to be from Netflix claiming that their credit card info has been denied. The email requests that the person update their info through a link, which then can lead to a scam.

It's always a good idea, no matter what company it is, to go directly to a website by typing the address in the url bar to update any of your information. Even if an email contains a link that would make things much easier, scammers can be tricky and even the email address they use may look official.

For more information on website, email and account safety you can check out our security section of our website here.


The source of the material in this article is WSET.com

Two great offers in one great product! For a limited time, when you transfer your non-Beacon Credit Card balance to a new or existing Beacon Credit Card, we'll not only give you 0% APR for the first 12 months, but we'll also donate $10 to the Lynchburg Humane Society.

Whether you have a balance left over from the holidays or simply use your card to get groceries every week, we have an offer that you don't want to miss. Starting January 23rd to March 31st, you can transfer your current non-Beacon credit card balance of $2,000 or more to a Beacon Card and you'll get 0% APR* for the first 12 months. Pay down your debt and you'll benefit from Beacon's great low rates once your 12 months is over. We have credit card rates that are lower than the national average**, starting at 10.00% APR*.

In addition, to celebrate our brand new partnership with the Lynchburg Humane Society, we'll give $10 for every $2,000 transfered to a Beacon Credit Card between January 23rd and March 31st, 2018. Not only will you help out your own finances, but you'll also help out animals in need. 

Beacon is here to help you save money and support your local Humane Society.


*Introductory APR for a period of twelve (12) billing cycles. After that your APR will revert to the prevailing rate of the approved VISA card. This APR will vary with the market based on the Prime Rate. There is a balance transfer fee of 3% of the amount of each balance transfer associated with this promotion. Transfers must total $2,000 or more to qualify. Subject to credit approval.
**Based on survey done by creditcard.com November of 2017... for reference, click here.

Vehicle Driving in Snow

Winter has arrived. Whether you're excited for the cold climate or dreading it, you still have to be prepared. Is your car ready for the cold temps?

Battery

To keep your Battery up to par during the cold weather, you can perform a volt test before winter starts to make sure it's in good working order. If it's not, you'll probably want to consider a new battery before the cold weather hits so you're not stranded somewhere with a car that won't start in the low temps.

Woman shopping on laptop

Shopping online is easier than making your way through the holiday shopping shuffle, but it can be a little risky if you're not careful. Here's a few hacks that you can use to keep your information secure while browsing the web for the perfect Christmas gifts.

Online Banking