The Journey to a Beautiful Home

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If only we could snap our fingers and our dream home would suddenly appear. In reality though, creating the perfect home takes time, money, energy and most importantly...planning.

Before selecting new paint colors, fixtures or which wall to tear down, consider these first steps when planning for a successful home renovation.  

 

    

 


STEP ONE - Specific Plan in Place

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What do you hope to accomplish? Whether you're looking to add resale value or simply have better feng shui in your home, it's important to determine your goals. Not every renovation offers a good return on investment. For example, putting in a swimming pool sounds great but it only boosts your resale value by a maximum of 7%.  

Having specific goals and a plan in place will help you determine how far you want to take your project.   

 

 


STEP TWO - Understanding Your Limits

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Sure...those home renovation shows make it look easy but in reality they're the experts for a reason. Do it Yourself (DIY) projects are great for saving money and even offer a sense of accomplishment but when done incorrectly, can really create additional problems. Knowing which tasks to safely complete and which jobs should be handled by the pros will save you a lot of heart ache. 

When selecting a pro, be sure to ask for references and a copies of liability insurance. Don't solely rely on client testimonials. 

 

 


STEP THREE -  Creating a Budget

happy couple budgeting beacon bedford lynchburg virigniaCreating and sticking to your budget is a very important part of renovating a home. Not every renovation goes as planned so be sure to add a contingency fund for those unexpected costs. Homeowners should be budgeting at least 20% over the estimated cost of the renovation. You may want to consider less expensive upgrades as well in order to keep the cost down.  

 

 
 

 


STEP FOUR -Creating a Supplies Checklist 

child with a dog beacon madison heights lynchburg virginiaHow many times have you visited a hardware store to get supplies only to find once you were home, that you had forgotten something? Creating a supplies checklist will help you keep track of items you'll need, prevent those back and forth trips, and help you stick to your budget

 

 

 

 


STEP FIVE - Protecting Children & Pets

happy couple checklist beacon bedford lynchburg virginiaA home renovation can spark the interest of children and pets. Be sure to keep your area safe from hazards. You can do this by installing child safety gates, adding electrical safety covers to outlets and power strips, and by storing sharp tools out of reach.

 

 

 

 


Unlocking Your Home's Potential

happy couple dreaming beacon danville lynchburg VirginiaReady to make those much needed home repairs? For a limited time, Beacon Credit Union is offering incredible rates on Home Equity Lines of Credit. In addition, Beacon will pay your closing costs up to $500*. Learn More   

  

 

   

*Restrictions apply.

Join Beacon's CEO and Board of Directors for the 81st Annual Meeting.

The meeting was presented online on Tuesday, May 5th, 2020 and highlighted...

  • Strong growth from 2019.
  • The upgrade and relocation of our Buena Vista branch.
  • The upcoming opening of our new Bedford branch.
  • The addition of financial resources to our website, including the Online Learning Center and Beacon Seminars.
  • And more!

The full annual meeting can be viewed here...

We love our neighborhood. The local businesses… the people... the food… Mmmm… the food. As part of our dedication to our community, we’ll be giving away a gift card every week through July 20th to a local restaurant or business.

Follow the hashtag #HappyLocalEats to see which business is highlighted each week.

We'll be offering gift cards from businesses throughout Beacon's membership area.

Every Monday starts a new gift card giveaway and a new chance to WIN!

Click here to enter this week's #HappyLocalEats Giveaway

You may enter once per week. You must re-enter for each new gift card that is announced. 

To see the full Official Rules, click here.

4/24/20

New update to branch hours for Forest, Madison Heights, Langhorne Road, Piney Forest in Danville and Old Riverside Dr in Danville.

Lobby Hours

Monday - Thursday: 9:00am - 5:00pm

Friday: 9:00am - 6:00 pm

Drive Thru Hours

Monday - Thursday: 8:30am - 5:00pm

Friday: 8:30am - 6:00pm

Logans Lane in Lynchburg's hours are not affected by this change.

 

4/8/20

Beacon Saturday Hours, effective 4/11/20 until further notice...

  • Logans Lane, Lynchburg: 10am - 1pm - Drive Thru Only
  • Piney Forest, Danville: 10am - 1pm - Drive Thru Only
  • Madison Heights will be closed on Saturdays until further notice.

All other branch locations do not have hours on Saturday. 

All other branch hours remain as stated on the Branch Location page of our website.

Also, please remember Beacon Members can access accounts, deposit checks (mobile app only) and transfer money on the Beacon Mobile App and through Beacon Online Banking.

3/27/20

Let Us Help Ease Your Financial Burden.

In times of uncertainty, Beacon remains committed to our member’s financial success and well-being. In response to those that may have been financially affected by the COVID-19 pandemic, we offer several member relief programs including:

  • Skip-A-Payment on Consumer Loans – Watch for an email that will go out on March 31st to eligible members.
  • Loan Extensions – Available for member's financially affected by COVID-19.
  • Emergency Relief Loan – loans up to $1,500 at a low interest rate of 5% APR*for 12 months. Delay your first payment up to 90 days.
  • Early Certificate Withdrawals*
  • Automatic VISA Card & Overdraft Line of Credit Increases for qualified members**

*Subject to approval. Minimum Share withdrawal of $10,000. No partial withdrawals.

**Subject to approval.


3/18/20

The health and well-being of Beacon’s members and employees is our highest priority. To minimize our employees and your exposure to the COVID-19 virus, Beacon would like to encourage you to use the drive-thru, ATM or our online services for all routine transactions such as deposits, check cashing or withdrawals. Our lobby is open and ready to service all your banking needs, but please consider the other options mentioned above.


3/17/20

Beacon Credit Union continues to monitor the COVID-19 situation in all of our branches and service departments. Our priority is for the safety of our community and staff. We would like to share information on how we are addressing this concern in our establishment.

Our branches and lobbies will remain open. However, we do encourage you to use the drive-thru when possible to help reduce contact with other individuals.

We will sanitize and regularly disinfect highly touched surfaces and reduce handshaking and physical contact. We encourage the public to review the recommendations from the Center for Disease Control (CDC) on how to reduce the spread of the virus. There are several ways to conduct your business with Beacon from your home during the COVID-19 concern. For example:

Be aware that cybercriminals may use this time to launch phishing attacks, possibly citing the latest virus updates. Also, use caution when opening email links or opening attachments. Beacon does not ask for personal information via email or phone.

If you have questions or concerns, please feel free to contact us at 434-237-1566 or 1-800-868-6655. Our service center is open from 7am and 7pm, Monday through Friday. Follow our website for additional updates.


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