Credit union · NCUA insured
Beacon Credit Union Savings Rates
Top CarrotBeacon Credit Union’s best savings rate is 4.00% APY on $10,000, with its Premier Money Market. Rates checked October 22, 2026.
How Beacon Credit Union’s savings rates compare
Compared with banks and credit unions near Lynchburg, VA, where Beacon Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Beacon Credit Union
4.00%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $400
Premier Money Market
2nd-highest rate
Freedom First
3.25%APY
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000 a year
- $325
3rd-highest rate
Central Virginia Federal Credit Union
2.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $200
Beacon Credit Union savings score
89
Savings score
Higher than 88% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0004.00%
- $100,000 balance$100,0004.00%
- QualifiedQualified4.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Beacon Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Premier Money Market
Up to 4.00%APY
Available only on new accounts for members who have not had an open consumer or business money market account within the past 90 days. Must be funded with new money not already on deposit with Beacon. Requires a $5 membership share to qualify for Beacon products.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. | 0.01% | — | Tier 1 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. |
| $2,500 – $25,000Tier 2 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. | 0.05% | $5 | Tier 2 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. |
| $5,000 and upPromotional rate guaranteed for six months from account opening date with a deposit of $5,000 or greater in new money. After six months, dividends revert to standard tiered rates. | 4.00% | $400 | Promotional rate guaranteed for six months from account opening date with a deposit of $5,000 or greater in new money. After six months, dividends revert to standard tiered rates. |
| $25,000 – $50,000Tier 3 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. | 2.50% | — | Tier 3 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. |
| $50,000 – $100,000Tier 4 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. | 3.00% | — | Tier 4 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. |
| $100,000 – $500,000Tier 5 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. | 3.50% | — | Tier 5 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. |
| $500,000 and upTier 6 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. | 4.00% | — | Tier 6 rate. Dividends compounded monthly based upon highest tier applicable to average daily balance. |
Horizon Money Market
0.65%APY
Tiered blended rate product where members earn stated rates from minimum balance points in each tier. Includes up to 6 transactions per month and free check withdrawals. Requires a $5 membership share to qualify for Beacon products.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,000Tier 1 rate. Dividends compounded monthly. | 0.05% | — | Tier 1 rate. Dividends compounded monthly. |
| $2,000 – $5,000Tier 2 rate. APY ranges from 0.05% to 0.11% as a blended rate product. Dividends compounded monthly. | 0.15% | — | Tier 2 rate. APY ranges from 0.05% to 0.11% as a blended rate product. Dividends compounded monthly. |
| $5,000 – $10,000Tier 3 rate. APY ranges from 0.11% to 0.18% as a blended rate product. Dividends compounded monthly. | 0.25% | — | Tier 3 rate. APY ranges from 0.11% to 0.18% as a blended rate product. Dividends compounded monthly. |
| $10,000 – $50,000Tier 4 rate. APY ranges from 0.18% to 0.56% as a blended rate product. Dividends compounded monthly. | 0.65% | $65 | Tier 4 rate. APY ranges from 0.18% to 0.56% as a blended rate product. Dividends compounded monthly. |
| $50,000 and upTier 5 rate. APY ranges from 0.56% to 0.79% as a blended rate product. Dividends compounded monthly. | 0.80% | — | Tier 5 rate. APY ranges from 0.56% to 0.79% as a blended rate product. Dividends compounded monthly. |
Sources (2)
All captured Sep 19, 2026
Tiered Savings
0.50%APY
$5 membership share required to qualify for Beacon products. Dividends compounded monthly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Tier 1. Dividends compounded monthly. | 0.10% | — | Tier 1. Dividends compounded monthly. |
| $5,000 – $10,000Tier 2. Published APY range 0.10%–0.18%. Dividends compounded monthly. | 0.25% | — | Tier 2. Published APY range 0.10%–0.18%. Dividends compounded monthly. |
| $10,000 – $50,000Tier 3. Published APY range 0.18%–0.44%. Dividends compounded monthly. | 0.50% | $50 | Tier 3. Published APY range 0.18%–0.44%. Dividends compounded monthly. |
| $50,000 – $100,000Tier 4. Published APY range 0.44%–0.54%. Dividends compounded monthly. | 0.65% | — | Tier 4. Published APY range 0.44%–0.54%. Dividends compounded monthly. |
| $100,000 and upTier 5. Published APY range 0.54%–0.78%. Dividends compounded monthly. | 0.80% | — | Tier 5. Published APY range 0.54%–0.78%. Dividends compounded monthly. |
Sources (1)
- mybcu.org/rates/deposit-rates · captured Sep 19, 2026
Regular Share
0.10%APY
$5 membership share required to qualify for Beacon products. Dividends compounded monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $200 and upBalance to earn APY $200. Dividends compounded monthly.$200 and up | 0.10% | $10 | Balance to earn APY $200. Dividends compounded monthly. |
Sources (1)
- mybcu.org/rates/deposit-rates · captured Sep 19, 2026
Special-purpose accounts
Kirby Club
0.05%APY
$5 membership share required to qualify for Beacon products. Dividends compounded monthly.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Tier 1. Balance bound stated as $0.01 to $5000. Dividends compounded monthly. | 0.65% | — | Tier 1. Balance bound stated as $0.01 to $5000. Dividends compounded monthly. |
| $5,000 and upTier 2. Published APY range 0.65%–0.05%. Dividends compounded monthly. | 0.05% | $5 | Tier 2. Published APY range 0.65%–0.05%. Dividends compounded monthly. |
Sources (1)
- mybcu.org/rates/deposit-rates · captured Sep 19, 2026
IRA
0.50%APY
$5 membership share required. Traditional IRA or Roth IRA wrappers on one IRA savings product. Dividends compounded monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum to open and balance to earn APY listed as N/A. Dividends compounded monthly.Any balance | 0.50% | $50 | Minimum to open and balance to earn APY listed as N/A. Dividends compounded monthly. |
Christmas Club
0.10%APY
$5 membership share required to qualify for Beacon products. Dividends compounded monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum to open and balance to earn APY listed as N/A. Dividends compounded monthly.Any balance | 0.10% | $10 | Minimum to open and balance to earn APY listed as N/A. Dividends compounded monthly. |
Sources (2)
All captured Sep 19, 2026
Vacation Club
0.10%APY
$5 membership share required to qualify for Beacon products. Monthly dividends; available to withdraw anytime. Name your reason for saving.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo minimum to open (marketing). Rate table lists minimum to open and balance to earn APY as N/A. Dividends compounded monthly.Any balance | 0.10% | $10 | No minimum to open (marketing). Rate table lists minimum to open and balance to earn APY as N/A. Dividends compounded monthly. |
Who can join Beacon Credit Union
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.
Membership information collected October 4, 2026.