Beacon Credit Union, Incorporated
Beacon Credit Union, Incorporated is a credit union based in Lynchburg, Virginia, established in 1939, with $378 million in total assets serving 29,761 members. By Trust Grade it ranks 30th of 95 credit unions we track in Virginia. Its net worth ratio of 11.7% is stronger than 57% of similarly sized credit unions, versus a Virginia median of 11.9%. It was profitable over the most recent period, with a 0.72% return on assets. No consumer complaints against Beacon Credit Union, Incorporated appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Beacon Credit Union, Incorporated compares to Virginia peers
How we graded Beacon Credit Union, Incorporated
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.7% capital ratio)
- Profitable (ROA 0.72%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Beacon Credit Union, Incorporated over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Beacon Credit Union, Incorporated insured?
Yes. Beacon Credit Union, Incorporated 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 Credit Union, Incorporated: frequently asked questions
Is Beacon Credit Union, Incorporated a good credit union?
Beacon Credit Union, Incorporated earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (11.7% capital ratio); Profitable (ROA 0.72%).
Is Beacon Credit Union, Incorporated NCUA-insured?
Yes. Beacon Credit Union, Incorporated 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 Credit Union, Incorporated?
Beacon Credit Union, Incorporated holds $378 million in total assets, ranking 30th of 95 credit unions we track in Virginia. It serves 29,761 members.
Does Beacon Credit Union, Incorporated have CFPB complaints?
No CFPB complaints against Beacon Credit Union, Incorporated 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.
