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Promotions and bonus offers from Beacon Credit Union can be found updated here. Typical offers range from $200 to $300.
Beacon Credit Union was established in 1939 and is headquartered in Lynchburg, Virginia. They have 10 locations throughout the state.
See our bank offers page for more offers. Top offers can be found from Chase Bank, TD Bank, BMO Harris, Bank of America and many more.
Beacon Credit Union is open those who live, work, worship, or attend school in the Virginia counties of Amherst, Appomattox, Bedford, Botetourt, Campbell, Roanoke, Rockbridge, or Pittsylvania; the North Carolina counties of Casswell or Rockingham; the Virginia cities/towns of Altavista, Appomattox, Bedford, Buena Vista, Danville, Lexington, Lynchburg, Roanoke, Salem, or Vinton; the North Carolina cities of Eden or Reidsville. Eligibility also extends to immediate family.
See current membership info.
Compare their rates with the nation’s best at these pages:
Beacon CU Promotions Review Below
Featured Advertisement
[Expired] Beacon Credit Union $250 Checking Bonus
- What you’ll get: $250 bonus
- Where it’s available: NC, VA
- How to earn it:
- Open a primary Choice Plus Checking account.
- You must have a direct deposit of $2,500 per month for three (3) consecutive months and maintain an average daily balance of $300.00 in order to earn the bonus.
- You must sign up for Beacon Billpay, E-statements and conduct a minimum of 15 debit card transactions for 3 consecutive months to earn the bonus.
- When it expires: Not listed
How To Earn The Bonus
- Open a primary Choice Plus Checking account.
- You must have a direct deposit of $2,500 per month for three (3) consecutive months and maintain an average daily balance of $300.00 in order to earn the bonus.
- You must sign up for Beacon Billpay, E-statements and conduct a minimum of 15 debit card transactions for 3 consecutive months to earn the bonus.
Choice Plus Checking Features
- Free Online and Mobile Banking
- Free Checks
- Free Beacon BillPay
- Free Direct Deposit
- Free E-Statements
- No Monthly Service Fee
No monthly fee with this account.
- To be eligible for the bonus, you must open a primary Choice Plus Checking account.
- Minimum balance to open a Choice Plus Checking account is $100.
- You must have a direct deposit of $2,500 per month for three (3) consecutive months and maintain an average daily balance of $300.00 in order to earn the bonus.
- You must sign up for Beacon Billpay, E-statements and conduct a minimum of 15 debit card transactions for 3 consecutive months to earn the bonus.
- Limit one bonus per household.
- Accountholders must not have opened a checking account with Beacon Credit Union within the past 12 months.
- Promotional reward will be paid to eligible accountholders at the end of the month in which all qualifications are met.
- Offer available for a limited time.
- Beacon Checking Accounts are subject to credit qualification.
- Beacon has the right to end or modify any promotion at any time.
- Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
Bottom Line
The advertised rate for this Checking account is really nice, but in reality it’s capped off at a $2,000 maximum balance. The direct deposit requirement for this bonus is quite steep in comparison to other offers. Compare this offer with the best bank offers here.
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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.