Beacon Financial
Beacon Financial is a credit union based in Johnson City, Tennessee, established in 1953, with $28 million in total assets serving 2,169 members. By Trust Grade it ranks 120th of 126 credit unions we track in Tennessee. Its net worth ratio of 7.5% trails most similarly sized credit unions (3th percentile), versus a Tennessee median of 13.9%. It posted a loss over the most recent period (-0.12% return on assets), a point to watch. No consumer complaints against Beacon Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Beacon Financial compares to Tennessee peers
How we graded Beacon Financial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.5% capital ratio)
- Unprofitable over the period (ROA -0.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Beacon Financial over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Beacon Financial insured?
Yes. Beacon Financial is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Beacon Financial: frequently asked questions
Is Beacon Financial a good credit union?
Beacon Financial earns a Bankzia Trust Grade of C (73/100, "Average"), based on a financial-strength score of 73/100 (it has no CFPB complaints on record). Well-capitalized (7.5% capital ratio); Unprofitable over the period (ROA -0.12%).
Is Beacon Financial NCUA-insured?
Yes. Beacon Financial is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Beacon Financial?
Beacon Financial holds $28 million in total assets, ranking 120th of 126 credit unions we track in Tennessee. It serves 2,169 members.
Does Beacon Financial have CFPB complaints?
No CFPB complaints against Beacon Financial appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
