Beacon Credit Union

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A short history of Beacon CU

Since its inception in 1931 the Beacon Credit Union has been serving its members in the Wabash, Indiana area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Kevin Willour, the Beacon CU has grown its membership to over 43,481 with assets of more than $1,230,149,333. They have a main office and 20 branch offices. Please see the credit unions website or contact them by phone at (260) 563-7443 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Wabash, IN.

General Information For Beacon CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 82791
Address 586 S Wabash St 
City Wabash 
State Indiana 
Zip-Code 46992
Phone Number (260) 563-7443
Fax Number (260) 569-0553
Email Address: none
CEO/President Kevin Willour
Members 43,481 
Full-Time Employees 241 
Part-Time Employees 20 
Number of Branch Offices 20 
Total Assets 1,230,149,333 

Compare Beacon Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Concora Wabash CU CONCORA WABASH FCU 455 FACTORY ST 46992 (260) 569-3346 No 1.96
Fo Me Bo Co CU FO ME BO CO FCU 775 Manchester Ave 46992 (260) 563-0334 No 2.16
Hometown CU Hometown Federal Credit Union 151 N Broadway 46970 (765) 472-7600 No 14.77
Afena CU Bradner 424 N Bradner Ave 46952 (765) 664-8089 No 16.26
Riverside Community CU Riverside Community Federal Credit Union 101 N Washington St 46952 (765) 662-3969 No 16.30

Beacon Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Beacon Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 2.62 3.91 4.38 4.52
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 98 191 191 170
Rank Among All Indiana Credit Unions N/A 11 32 33 22

Beacon Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.24 0.44 N/A 1.88 1.84
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 97 71 N/A 50 62
Rank Among All Indiana Credit Unions 11 11 N/A 5 4
Beacon Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.030755783,651
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.6202945,369,401
Used Vehicle Loans 3.9102,20421,887,354
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.3803,939732,177,823
Total Other Real Estate Loans/Lines of Credit 4.52081812,341,680
Leases Receivable 4.6408812,273
Total All Other Loans/Lines of Credit 4.4901,988182,499,803
TOTAL LOANS & LEASES 10,006955,871,985

Beacon Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 63051,377,680687,218,872
    b. 15 Years or less 1,537154,810,7109612,298,833
    a. > 15 years 1,019288,273,79514251,737,532
    b. 15 Years or less 726237,118,9143918,713,685
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 3111,24600
Adjustable Rate > 1 yr 24485,47800


Closed-End Fixed Rate 34288,67900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 78412,053,001642,409,000
Open-End Fixed Rate 0000
TOTALS 4,757744,519,50340992,377,922


Interest Only & Payment Option 1st Mortgage Loans 160,69261,000
Interest Only & Payment Option Other RE/LOC Loans 80612,208,1642,409,000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Beacon Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes