A happy couple sees their CD account growth on a laptop.

Certificates of Deposit

Set your money aside for a fixed amount of time so you can maximize your gains.

Get Started

Choose a Certificate of Deposit (CD) term of three months to five years – the longer you save, the more you’ll earn!

  • A man checks his CD balance on his phone.

    Excellent Rates

    Credit unions can offer higher returns on CDs because of our status as a not-for-profit.

  • Young woman is celebrating earning great interest on her CD.

    Great Dividends

    Each month, you earn interest on your deposit plus we pay you dividends on your interest.

  • A man runs up steps like his step-up CD.

    Step-Up Options

    Our two-year CDs offer an option to bump up your APY twice with the same maturity date.

  • Parents feel happy after opening a CD for their child.

    Youth Accounts

    As a parent or guardian, you can open a CD on your child’s behalf so they can learn about investing.

Details About Certificates of Deposit From Baton Rouge TelcoFamily happily watching money on their CD growing as much as the plants in their garden.

A certificate of deposit (CD) is a great choice when you have a sum of money to leave alone and let grow. 

  • The annual percentage yield (APY) and dividend rate are higher than regular savings.
  • The minimum opening balance is $500.
  • The minimum balance to earn dividends is $500.
  • Terms range from three months to five years.
  • Two-year terms and up offer a step-up option, where your rate can jump twice before maturity.
  • Dividends are compounded so you’re paid interest on your deposit plus earned interest.
  • Parents can open a CD on their child’s behalf.

The more you deposit and the longer your term, the more your savings will grow!

Open an Account

SHARE & IRA CERTIFICATES

Term

Min. Opening Balance

Min. Balance to Earn Dividends

Rate

APY*

*APY = Annual Percentage Yield. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates are variable rate accounts and are subject to change at any time. Rates are not guaranteed. Penalties for early withdrawals may apply.

Term

3 months

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

1.49%

APY*

1.50%

Term

6 months

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

1.98%

APY*

2.00%

Term

1 year

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

2.96%

APY*

3.00%

Term

2 years

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

3.93%

APY*

4.00%

Term

3 years

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

2.96%

APY*

3.00%

Term

4 years

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

3.20%

APY*

3.25%

Term

5 years

Min. Opening Balance

$500

Min. Balance to Earn Dividends

$500

Rate

3.45%

APY*

3.50%

  • Step 

    1

    Apply Online

    Let us know if you’re an existing member of the credit union, or you can easily sign up.

  • Step 

    2

    Make Your Deposit

    You need to deposit at least $500 into your CD account to take advantage of the great rates.

  • Step 

    3

    Choose Your Term

    Select a term between 3 months and 5 five years then sit back and watch your funds grow!

Easy and positive experience. They stayed in touch keeping me updated throughout the process. I’m very pleased. Thank you.

Thomas S., Baton Rouge, LA

See How Much You Can Earn With Your Certificate of Deposit

A certificate of deposit is a savings option where you deposit a certain amount of funds for a fixed amount of time. CDs earn higher rates than regular savings accounts because you agree to leave the funds untouched for the entire term.

You can choose a term of three months to five years and longer terms earn higher yields. The end of the term is called the maturation date.

Yes, credit union CDs are designed to help you achieve your long-term savings goals, so there’s a fee for early withdrawal.

Dividends are paid monthly to your certificate account on the last day of the month when they are compounded. Alternatively, your dividends can be transferred monthly to another share savings account of your choosing.

Compounded dividends mean you earn interest on your deposited funds – and then you also earn interest on that interest. So your savings get an extra boost!

We no longer offer the option for members to receive a paper check for dividend payments. All dividends will be electronically deposited into your designated account.

Your certificate matures when you reach the end of your term. At that time, it will automatically renew for the same term at the new APY if we are not notified in advance that you wish to withdraw your funds.

At the maturation date, you have a 10-day grace period to close your certificate, withdraw funds, or transfer to a new certificate. This can be done by phone, in person, or by secure chat.

Yes, as a parent or guardian, you may open a CD in your child or teen’s name. The adult needs to be a member of Baton Rouge Telco to open the youth account.

Premier Interest Checking

Not looking to tie up funds but want a high yield? Our Premier Interest Checking might be a better fit.

Tell me more

Money Market

Maybe you just want a simple savings for higher balances without a term. We get it.

We’ve got you covered

Ready to get started?

Open an account in person

Find a location near you

Apply for an account online

Get started

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National Credit Union Shares Insurance Fund (NCUSIF)

Your money is safe and secure at Baton Rouge Telco Federal Credit Union with savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government through the National Credit Union Administration (NCUA).

To see how your funds are insured, you can visit the NCUA Share Insurance Calculator.

Your Insured Funds (NCUA)
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