BEACON CREDIT UNION, INCORPORATED Credit Union Profile

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BEACON CREDIT UNION, INCORPORATED

Charter #66965 | NCUA Region 1 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (434) 237-1566

Fax: (434) 237-1544

Founding Date: N/A

Website: http://www.mybcu.org

Personnel & Operations

President: Hynes, Philip

Manager: McConville, Greg

FT Employees: 87

PT Employees: 5

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 10

Hours: By Appointment Only

Credit Union Profile Summary

BEACON CREDIT UNION, INCORPORATED is a FISCU Credit Union. With a total of 29,211 members [1], this institution manages approximately $331,766,247 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.57% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.28% [1].

Financial Snapshot

Total Assets [1]
$331,766,247

Total economic resources.

Total Loans [1]
$286,761,725

Total value of outstanding loans.

Total Deposits [1]
$287,785,659

Total funds deposited by members.

Members [1]
29,211

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.57%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.82%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
99.64%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
2.67%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
3.28%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
2.03%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

107 Leroy Bowen Dr

Lynchburg, VA, 24502

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 9 branches reported by BEACON CREDIT UNION, INCORPORATED (Charter #66965).

Main Office

Corporate Office Main Office

Type: Corporate Office

107 Leroy Bowen Dr

Lynchburg, VA 24502

Phone: (434) 237-1566

Services: None specified

Open in Directions

Additional Branches

Bedford

Bedford

Type: Branch Office

1629 Forest Rd

Bedford, VA 24523

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Buena Vista

Buena Vista

Type: Branch Office

2101 Forest Ave

Buena Vista, VA 24416-2733

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Danville

Danville City

Type: Branch Office

320 Old Riverside Dr

Danville, VA 24541-3454

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Danville Piney Forest

Type: Branch Office

630 Piney Forest Rd

Danville, VA 24540

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Lynchburg

Forest Rd Branch

Type: Branch Office

19029 Forest Rd

Lynchburg, VA 24502

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Langhorne Road

Type: Branch Office

2134 Langhorne Rd

Lynchburg, VA 24501

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Logans Office

Type: Branch Office

6320 Logans Ln

Lynchburg, VA 24502

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions

Madison Heights

Madison Heights

Type: Branch Office

155 Amelon Sq

Madison Heights, VA 24572-6259

Phone: (434) 237-1566

Services: Member Services, ATM, Drive-Thru

Open in Directions