A member-focused, full-service financial institution located in Utah. The following is detailed information about the same:
### Overview
– **Name**: Beehive Federal Credit Union
– **Type**: Federal Credit Union
– **Location**: Main office in Provo, Utah; branches in surrounding areas.
– **Founded**: 1955
### History
– **Foundation**: Beehive Federal Credit Union was established in 1955 to meet individuals’ and families’ financial needs in its community. Over the years, it has grown into more services with an increased membership but held fast to local involvement.
### Services
Beehive Federal Credit Union has a variety of financial products and services that include the following:
1. **Personal Banking:**
– **Savings Accounts**: Such as regular savings accounts and high-yield options.
– **Checking Accounts**: Personal checking accounts with features like online banking, mobile deposits, and no monthly fees.
– **Certificates of Deposit**: Fixed-term deposit accounts that pay fixed interest rates.
2. **Loans:**
– **Personal Loans**: For many various needs such as debt consolidation, home improvement, and large purchases.
– **Auto Loans**: Buying or refinancing a vehicle.
– **Mortgages**: Choices when purchasing, refinancing, or improving your home.
– **Home Equity Loans and Lines of Credit**: Tap into the equity in a member’s home for a major purchase or project.
3. **Business Banking**:
– **Business Checking and Savings Accounts**: Specialized for the needs of local businesses.
– **Business Loans**: Grow your business, buy equipment, or have working capital on hand.
4. **Other Services:**
– **Online Banking**: Tools to manage your accounts, pay bills, and transfer funds.
– **Mobile Banking**: Applications for easy access to accounts and making transactions on-the-move.
– **Credit Cards**: Wide variety of credit card options at very competitive interest rates with rewards.
### Membership
– **Eligibility**: Membership is usually open to any person who lives, works, or worships in the areas the Beehive Federal Credit Union serves. Their families are also eligible to join.
### Community Focus
– **Local Engagement**: Beehive Federal Credit Union supports community involvement and other events of interest to locals, charities, and local initiatives.
– **Customer Service**: Being a credit union, it takes great pride in delivering customized service to customers and maintaining good relationships with all of its members.
### Regulation and Safety
– **Insurance**: Beehive Federal Credit Union is insured by the National Credit Union Administration, which safeguards deposits made by members up to the federally insured limit.
– **Regulation**: It is regulated by the NCUA and state authorities to ensure adherence to financial regulations and stability.
Technology and Innovation
• **Digital Services**: It provides digital banking services, both online and mobile, to bring convenience in managing accounts of the members.
• **Innovation**: The technology of the bank is regularly upgraded to provide maximum facilities of modern banking; however, it may not have the resources which bigger banks have.
### Financial Health
****Reports****: Up-to-date, detailed current information about Beehive Federal Credit Union’s financial health is available at their website or by contacting them directly, including annual reports and regulatory filings.
### Contact Information
*- Website: Gain the latest information on services, branch locations, member resources, and more through the Beehive Federal Credit Union website.*
*- Branches: Main office in Provo, Utah, with additional branches in surrounding areas.
The most up-to-date information and certain inquiries must be made directly to their website or the Beehive Federal Credit Union.