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Ownership Share

Your relationship with Beacon starts with an Ownership Share account. This account acts as a way of reaping the benefits of membership to your local credit union, rewarding one of our highest APY rates for participating in qualifying products and services across the credit union as an active member.

  • Receive an impressive 6.00% APY [1]

  • Collect your Debit Card Round Up, Share Certificate interest (by signing up – See FAQs below) and other qualifying bonus dividends into one account [2]

  • While deposits into this accounts are limited to qualifying products/services and special dividends/rebates, you may withdraw funds any time [3]

FAQs

Rather than accepting deposits from personal funds, the Ownership Share account earns funds when the owner participates in qualifying products and services across the credit union as an active member.

While the account owner may withdraw funds from this account any time by visiting a member center, calling in, or visiting online, we encourage member-owners to use this beneficial account to contribute to their savings.

Your Ownership Share is the $5 opening balance that  is required at all times to serve as a member-owner share of the credit union, providing access to member benefits.

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[1] Annual Percentage Yield (APY) as of 11/01/2025 if balance is above $5; subject to change. Promoted interest rate paid on entire balance when maintained at $5.01 and above. No interest paid on balances $5.00 and below. [2] Applicable Share Certificate dividends exclude HSA and IRA. [3] Access via debit cards or checks (paper or electronic) not permitted. $5.00 monthly inactivity fee incurred if no additional activity across the individual’s membership within previous 12 months. Consumer accounts only; business accounts not eligible.

Savings Plus

Start building your future today with Savings Plus — the simple, secure way to grow your money while keeping it accessible. It’s a great way to start saving for unplanned expenses or vacations.

  • Savings build quickly with interest compounded monthly

  • Automatic deposits make saving easy

  • You have access to your funds 24/7 without withdrawal penalties

Membership qualifying account required (for new membership after 11/1/25).

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Advantage Money Market Picture

Advantage Money Market

Earn higher dividends on your savings while maintaining easy access to your funds. The more you save, the more you’ll earn.

  • Rates increase as your balances increase and no minimum balance required. Earn up to 2.95% APY [1]

  • Easy Access to your funds via transfer from online or mobile banking

  • Advantage Money Market accounts are insured up to $500,000 [2]

[1] Annual Percentage Yield (APY) as of 03/01/2025; subject to change. No minimum balance required to open or maintain account. Access via debit cards or checks (paper or electronic) not permitted. Limit of 8 withdrawals per calendar month; withdrawals over the limit will be assessed a fee. Membership qualifying account required. $5 Monthly Account Maintenance Fee (can be avoided by receiving eStatements).

[2] Advantage Money Market (MMS) and Business Advantage Money Market (BMMS) accounts at Beacon Credit Union are insured up to $500,000. This exceptional level of coverage is attained through a combination of $250,000 of primary insurance from American Share Insurance (ASI) and $250,000 of excess insurance from Excess Share Insurance Corporation (ESI).

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Savings Rates

The more you save, the more you earn.

Savings Rates

With tiered dividend rates, you can earn more from the money you save.

Checking Accounts

Account options to suit your needs.

Checking Accounts

Easy access to your money with Beacon’s first-class member service.

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