BENEFITS WITH ALL BEACON CHECKING ACCOUNTS
- Online Banking
- Mobile Banking
- Mobile Deposit
- Free Direct Deposit
- E-Statements
- Overdraft Protection Options
- Direct Payment of your Beacon Loans
- ATM Access with Debit Card
7.07% Annual Percentage Yield (APY) will be paid on balances between $0.01 and $5,000 each month a member makes one direct deposit of $1,000 or more, maintains an Average Daily Balance (ADB) of $1,500 or more, is registered for E-Statements and has a minimum of 30 posted/settled Point of Sale (POS) debit card transactions per statement cycle. When the criteria are not met for the 7.07% APY tier, the dividend defaults to the next tier of 5.05% APY.
If the criteria in the 7.07% APY tier are not met, 5.05% Annual Percentage Yield (APY) will be paid on balances between $0.01 and $2,500 each month a member makes one direct deposit (no minimum), maintains an Average Daily Balance (ADB) of $300, is registered for E-Statements and has a minimum of 15 posted/settled Point of Sale (POS) debit card transactions per statement cycle. When the criteria are not met for the 7.07% APY tier or the 5.05% APY tier, the dividend defaults to the next tier.
See Beacon’s rate page for the current Choice Plus Checking standard rate.
