All loans subject to credit approval.
*For Business 4.04 Checking: 4.04% Annual Percentage Yield (APY) paid on balances between $0.01 and $10,000 each month when the member meets qualifications. Qualifications are an Average Daily Balance (ADB) of $5,000 or more and either 30 debit card transactions OR $2,000 in purchase transactions with a Business VISA Card from the same account per month. An ADB of $5,000 or more waives the monthly service fee of $15 to maintain this account.
For balances that exceed $10,000 and up to $50,000, when the above criteria are met, the APY is 0.10%. When the promotional criteria are not met, reference standard deposit rates found on Beacon's website. Dividends begin the business day we receive credit for the deposit of non-cash items (for example, checks). Rates and terms for this account are effective December 1st, 2023, and are subject to change. Dividends are compounded monthly. Beacon Credit Union checking accounts are subject to credit qualification.
*For Mortgage ARM: The APR (Annual Percentage Rate) offer is effective 10/10/2023 and applicable to only 5/1 Adjustable Rate Mortgages. Rates are based on an evaluation of credit history, so your rate may differ. Available for primary residences and second homes. Adjustable-rate mortgages are variable, and your annual percentage rate may increase or decrease after the original fixed rate period. The rate quoted requires a 1.00% loan origination fee. The rate displayed is the "as low as" rate for purchase loans and refinances. All loans are subject to credit approval.
The First Adjusted Payments displayed are based on the current Constant Maturity Treasury index, plus the margin (fully indexed rate) as of the stated effective date rounded to the nearest 1/8th of one percent. All loans are subject to credit approval. Beacon Credit Union reserves the right to end this offer at any time.