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Data / Consumer complaints / Beacon Financial Corporation / Checking or savings account

Beacon Financial Corporation: 54 CFPB complaints about checking or savings account, last 3 years

Updated November 7, 2026. Source: CFPB Consumer Complaint Database.

Beacon Financial Corporation drew 54 consumer complaints about checking or savings account in the CFPB database in the three years to November 6, 2026, 65.1% of its 83 complaints in that time. The most common issue was “Managing an account”. The company responded on time to 94.4% of them, and 22.2% closed with monetary or other relief.

The request: Watch Beacon Financial Corporation: each new CFPB complaint about checking or savings account by issue, with the date and the company response. $10 of work on sign-up, no card.

Watch this company's complaintsGet every company for this productGet checking or savings account in Massachusetts

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  • 54Complaints, last 3 years
  • 65.1%Share of the company's complaints
  • 94.4%Responded on time
  • 22.2%Closed with relief
  • Nov 5, 2026Latest received

By period

The three years are cut into 12 month periods ending on the date of the latest data.

PeriodComplaintsShare
12 months to Nov 6, 20262546.3%
12 months to Nov 6, 20252037%
12 months to Nov 6, 2024916.7%

Issues

IssueComplaintsShare
Managing an account2851.9%
Closing an account713%
Opening an account611.1%
Problem caused by your funds being low611.1%
Problem with a lender or other company charging your account611.1%
Problem with a company's investigation into an existing problem11.9%

How the company responded

Company responseComplaintsShare
Closed with explanation4175.9%
Closed with monetary relief1120.4%
Closed with non-monetary relief11.9%
In progress11.9%

States

Where the consumers who complained live, as they gave it to the CFPB.

StateComplaintsShare
Massachusetts1935.2%
New York1527.8%
Connecticut611.1%
Rhode Island59.3%
Missouri47.4%
Vermont23.7%
Florida11.9%
North Carolina11.9%
Virginia11.9%

Latest 25 complaints

Newest first. Each row links to the complaint's record in the CFPB database.

ReceivedProductIssueCompany responseSource
November 5, 2026Checking or savings accountManaging an accountIn progressconsumerfinance.gov
September 28, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
September 22, 2026Checking or savings accountProblem with a lender or other company charging your accountClosed with explanationconsumerfinance.gov
September 20, 2026Checking or savings accountClosing an accountClosed with explanationconsumerfinance.gov
July 28, 2026Checking or savings accountProblem caused by your funds being lowClosed with monetary reliefconsumerfinance.gov
July 24, 2026Checking or savings accountManaging an accountClosed with monetary reliefconsumerfinance.gov
June 24, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
June 1, 2026Checking or savings accountProblem caused by your funds being lowClosed with non-monetary reliefconsumerfinance.gov
June 1, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
May 28, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
May 27, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
May 4, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
May 1, 2026Checking or savings accountManaging an accountClosed with monetary reliefconsumerfinance.gov
April 30, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
April 17, 2026Checking or savings accountProblem with a lender or other company charging your accountClosed with explanationconsumerfinance.gov
April 11, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
April 7, 2026Checking or savings accountProblem with a lender or other company charging your accountClosed with explanationconsumerfinance.gov
March 30, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
February 13, 2026Checking or savings accountProblem caused by your funds being lowClosed with explanationconsumerfinance.gov
February 11, 2026Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
January 26, 2026Checking or savings accountProblem with a lender or other company charging your accountClosed with monetary reliefconsumerfinance.gov
January 15, 2026Checking or savings accountClosing an accountClosed with monetary reliefconsumerfinance.gov
January 7, 2026Checking or savings accountClosing an accountClosed with monetary reliefconsumerfinance.gov
December 16, 2025Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov
November 20, 2025Checking or savings accountManaging an accountClosed with explanationconsumerfinance.gov

Also on SpecStream

Public data from the Consumer Financial Protection Bureau (US government work), free for anyone to use. A complaint count is not a rate. A company with more customers can draw more complaints and a state with more people draws more, so this page compares counts only and ranks no one as better or worse. A complaint is a consumer's own account and does not by itself show that a company broke a law. The CFPB publishes a complaint after the company responds, or after 15 days, whichever comes first, and the database is not a statistical sample of consumers' experiences. Company responses are as the company reported them to the CFPB. The CFPB's product names changed over time, and the counts of the three years combine the old and new names of credit reporting. Consumer narratives and names are not shown on this page. This page uses CFPB data and is not endorsed by the CFPB. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.