Credit union · NCUA insured
Beacon Credit Union
Top CarrotA $378.2M credit union headquartered in Lynchburg, VA, with 29,761 members and 10 branches in Virginia. Best rates: CDs 4.35% and savings 4.00% APY.
Beacon Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 95% of U.S. banks and credit unions
#1 of 17 in Lynchburg, VA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Beacon Credit Union
Beacon Credit Union is a full-service financial institution that has served Lynchburg, Virginia, and the surrounding area for over 75 years.
- Headquarters
- 107 Leroy Bowen Dr, Lynchburg, VA 24502
- NCUA charter
- 66965
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in, and businesses and other legal entities located in Amherst County, Appomattox County, Bedford County, Campbell County, Nelson County, Rockbridge County, Pittsylvania County, Caswell County NC, Rockingham County NC, Roanoke County, Botetourt County, City of Lynchburg, City of Lexington, City of Buena Vista, City of Danville, City of Roanoke, City of Salem, City of Reidsville NC, City of Eden NC, Town of Altavista, Town of Appomattox, Town of Bedford (Region 2000), or the township of Vinton are eligible for membership.
Employers and groups
- Members at the time of community charter conversion of credit unions affiliated with the Virginia Credit Union League, the Virginia Credit Union League itself, affiliated credit union corporations, and existing select employee groups are eligible for membership.
Family and household
- Spouses of persons who died while within the field of membership, credit union employees, retirees/pensioners/annuitants from credit union employment, members of their immediate families (related by blood, marriage, or adoption), and organizations/associations of such persons are eligible for membership.
Cost to join
- A $5 membership share is required to qualify for Beacon products.
Branches
10 branches in Virginia
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Virginia
10 branches
Lynchburg area · 5
- Bedford1629 Forest Rd, Bedford, VA 24523Directions
- Forest Rd Branch19029 Forest Rd, Lynchburg, VA 24502Directions
- Langhorne Road2134 Langhorne Rd, Lynchburg, VA 24501Directions
- Logans Office6320 Logans Ln, Lynchburg, VA 24502Directions
- Madison Heights155 Amelon Sq, Madison Heights, VA 24572Directions
Danville area · 2
- Danville City320 Old Riverside Dr, Danville, VA 24541Directions
- Danville Piney Forest630 Piney Forest Rd, Danville, VA 24540Directions
Roanoke area · 2
- Electric Road Branch3534 Electric Rd Unit 6, Roanoke, VA 24018Directions
- Hershberger Road1620 Hershberger Rd NW, Roanoke, VA 24012Directions
Buena Vista area · 1
- Buena Vista2101 Forest Ave, Buena Vista, VA 24416Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 11.60% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.24% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.11% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $100 | $76 | — |
- CapitalNet worth ratio11.60%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.24%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.11%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$100Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Beacon Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.