Beacon Credit Union, Incorporated Credit Union
About Beacon Credit Union, Incorporated Credit Union
Beacon Credit Union, Incorporated Credit Union Location
Po Box 4319
Lynchburg, VA 24502
Phone: (434) 237-1566
Website: www.mybcu.org
Routing/Transit Number: Not Available
Beacon Credit Union, Incorporated Credit Union Information
Beacon Credit Union, Incorporated Credit Union of Lynchburg, VA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 13631 members and assets of $41,068,409, as compared to the national average of $93 million dollars of assets per credit union. Beacon Credit Union, Incorporated Credit Union, first opened in 1939 and has been in operation since then. Additionally, Beacon Credit Union, Incorporated Credit Union has 29 full time employees and 3 part time employees, or 425.96875 members per employee, compared to a national average of 376.32254.
While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Beacon Credit Union, Incorporated Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Beacon Credit Union, Incorporated Credit Union is a not-for-profit, cooperative, tax-exempt organization.
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