I will never again conduct business with this bank. Especially not the loan officer Greg Lamb. We tried to use them to get a loan for property and he swore up and down we were good then didn’t approve the loan. We tried again to use them for our construction loan. We meet with Greg on May 31, 2022 and filled out and application. After that he stopped returning phones calls or emails. Then he sent us disclosures to sign (via mail) and had us write a check for an appraisal. We sent them back. I tried again to call and email he never returned my emails or phone calls. The today almost 2 months later he tells us he can not approve our loan. This bank is still unprofessional and wasted our time.
JA
Jabin Apple
Jan 31, 2021
3.0
Good bank, but very conservative decision making. Also, home appraisal values on refinance transactions are often suppressed by bank loan officers. When we were refinancing we called our loan officer and he was with the appraiser driving around looking for comps... Then after we weren't pleased with the appraised value and used LendingTree for our refinance our appraised value came in nearly 20% higher.
JL
J.T. Loechte
Nov 25, 2020
5.0
Good people and very polite
RF
Ronald Fleenor
Oct 5, 2019
1.0
They "can't" cash an out of state payroll check from a huge national company. Unless of course I open an account- then they magically have no problem with it. So a bank refers me to Wal-Mart to cash a check. A bank... Refers me to Wal-Mart...
CH
Carla Harris
May 7, 2016
1.0
You shouldn’t have to pay for your own bank statements that’s just greed . She wouldn’t even give me the free one . Too many banks in Salem to have to put up with this . Customer doesn’t come first evidently.
Frequently Asked Questions About Beacon Credit Union
What is the address of Beacon Credit Union?
Beacon Credit Union is located at 300 South Water Street, Salem, IN 47167, USA.
What type of financial institution is Beacon Credit Union?
Beacon Credit Union is a credit union serving its members with various financial services.
Since when has Beacon Credit Union been helping Hoosiers?
Beacon Credit Union has been helping Hoosiers since 1931.
What is the official website of Beacon Credit Union?
The official website of Beacon Credit Union is https://www.beaconcu.org/.
What is the timezone of Beacon Credit Union?
Beacon Credit Union operates in the America/Indiana/Indianapolis timezone.
Are there any home improvement stores near Beacon Credit Union?
Yes, Salem Lumber and Fisher's Home & Hardware are nearby home improvement and hardware stores.
What dining options are available near Beacon Credit Union?
Nearby dining options include Dinner Bell for American cuisine, Hunt Brothers Pizza for pizza, El Camino's for Mexican food, and Subway for sandwiches.
Where can I get automotive services close to Beacon Credit Union?
Nearby automotive services include Hughes Tire Service, Miller’s Mechanical, and Eddie Gilstrap Motors, Inc., which offer tire services, repairs, and car dealership services.
Is there a nearby ATM for Bitcoin transactions near Beacon Credit Union?
Yes, there is a Bitcoin Depot Bitcoin ATM close to Beacon Credit Union for convenient cryptocurrency transactions.
What recreational or social places are nearby Beacon Credit Union?
Nearby social and recreational places include the American Legion post 41 social club and Sun Tan City tanning salon and skin care center.