Disaster Recovery Resource Center


In the event that the credit union is closed due to inclement weather please remember that you do have access to your accounts via online banking, mobile banking, ATM’s, debit cards, bill pay and remote capture.

In efforts to help members recover from weather disaster, BFCU has put together important information that will assist you on your road to recovery.

Member Loan Payments:

Beacon FCU  will automatically defer for one month all up to date consumer loan payments due during a determined time period (most often from the date of the storm through 2 weeks after). Members will not pay a skip a pay fee and will still be eligible to apply for an additional extension if circumstances warrant.  Interest charges will continue to accrue.

Credit Card Payments:

Will be waived automatically for the month in which the storm struck (or for the following month if storm occurred at month end.) For example, Hurricane Harvey struck August 25 – 28, so September credit card payments were waived. Credit Card payments must be up to date to qualify for waiver.


Beacon FCU will automatically defer all mortgage payments for one month.  Members needing additional deferments must contact the Real Estate Department.  Mortgage payments must be up to date to qualify for automatic deferment.  Beacon will not charge a fee for this modification nor will a late fee be charged.

Emergency Recovery Loans:

Beacon FCU will offer a discounted rate on unsecured loans – usually 2% less than the rate the member would normally pay.  First payment is deferred for 60 days and term of loan is 12 months. This is offered to existing members only who live in designated impacted areas.


Foreign ATM fees will be waived for up to 10 days. Other fees will be reviewed for inclusion as policy is reviewed.