“Dedicated to Our Member’s Financial Success”
Beacon Credit Union is a full-service financial institution, offering a wide range of products and services. We have been serving families in the Lynchburg area for over 70 years. Our "vision" is to be the premier provider of quality financial services, a leader in our community and the most recognized and progressive financial institution in our field of membership.
Beacon’s Community Commitment
Beacon Credit Union will uphold its fundamental responsibility which is based on a democratic structure where the members are the owners. Members remain the ultimate authority but delegate to the board of directors, the power to oversee operations and the responsibility to operate the credit union in the best interests of the entire group. We will actively serve people within our field of membership and seek to bring about human and social development by making available a range of low cost products and services to the diverse economic and social make up of our members and potential members.
We will continue to monitor and communicate our services in a meaningful way so that members, potential members, legislators, and regulators will understand and appreciate the unique role that member-owned financial cooperatives play in their lives. Beacon Credit Union's strategic plan will include efforts that encourage our members to become financially self-sufficient and successful. We will continue to place high importance on consumer education and financial thrift.
This Statement of Commitment to Members is consistent with our credit union principles of "Not For Profit, Not for Charity, But for Service" and our philosophy of "People Helping People", and its central values of equality, equity and mutual self help. These statements represent good business practices that ensure the financial strength of our credit union on behalf of our members.
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