Beacon Federal

Details Beacon Federal Beacon Federal

www.beaconfederal.com

New York

Onondaga

East Syracuse

(SA) Savings associations, state or federal charter

active

35329

1953

FDIC Certificate Number: 35329
FDIC's unique number: 78235
The FDIC Field Office where an institution is physically located: Syracuse

Federal Reserve ID Number: 498184
Report Date: 2011-06-30

Bank Charter Class: SA
OCC Charter Number: 715E3

Number of Domestic Offices: 8
Number of Foreign Offices: 0
The date of the last data update: 2011-07-21

1953-01-30 Institution established but was not FDIC insured. Original name: Beacon Federal Credit Union.
1999-07-01 Changed name to Beacon Federal .
1999-07-01 Changed organization type to Mutual Savings Bank.
1999-07-01 Became FDIC insured.
2000-11-28 Acquired Caney Fork Cooperative Credit Union in Mcminnville, Tennessee.
2001-07-31 Acquired Professional Teachers Credit Union in Mcminnville, Tennessee.
2003-02-13 Acquired Salt City Hospital Federal Savings And Loan in Syracuse, New York.
2004-01-22 Changed organization type to Stock Savings Bank.
2006-12-21 Changed organization type to Mutual Savings Bank.
2006-12-29 Reorganized.
2007-10-01 Changed organization type to Stock Savings Bank.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.

Total assets: $1,041,352,000
Total deposits: $683,004,000
Deposits held in domestic offices: $683,004,000
Equity capital: $102,657,000

Net income: $3,310,000

Return on Assets: 0.64
Return on Equity: 6.63
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-26095