Savings Accounts
Not just another boring savings account, we promise.
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Traditional Savings Account
Open a Regular Share Savings account with just $5 and become an owner of the Credit Union so you can start saving for your future and enjoying all the perks of membership.
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Money Market
Take your savings goals to the next level with an account that offers higher yields and dividends in return for a higher balance – plus you can still easily access your funds.
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Christmas Club
The holiday season is fun but costly. That’s why it’s a good idea to save throughout the year and then get a windfall on November 1 just in time to pay for gifts, decor, food, and travel.
Benefits of Baton Rouge Telco Savings Accounts
Here’s why it pays to start saving with your local credit union today.
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No Recurring Fees
We’re here to serve you and help you prosper, so we don’t charge monthly service fees.
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Competitive Rates
Enjoy generous interest rates and dividends on your savings and watch your balance grow.
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Federally Insured
Relax knowing your funds are insured by NCUA up to $250,000 so your money is safe no matter what.
Compare Savings Accounts in Baton Rouge
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Traditional Savings Account |
Money Market |
Christmas Club |
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*APY = Annual Percentage Yield. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. **$5 fee for early withdrawal. ***Members under 18 must have a parent or legal guardian who is a Baton Rouge Telco member on the account. |
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Best if you want: |
Traditional Savings Account A simple way to start saving |
Money Market To earn higher dividends with a higher balance |
Christmas Club To save for the holidays throughout the year |
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Minimum Deposit |
Traditional Savings Account $5 |
Money Market $2,500 |
Christmas Club $5 |
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Dividends* |
Traditional Savings Account 0.10% |
Money Market 0.20% |
Christmas Club 0.10% |
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APY* |
Traditional Savings Account 0.10% |
Money Market 0.20% |
Christmas Club 0.10% |
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Fun Extras |
Traditional Savings Account Set up overdraft protection from savings to checking for just $5 a transfer. |
Money Market Enjoy easy access to funds. |
Christmas Club Funds automatically transfer into your savings account on November 1.** |
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Eligibility |
Traditional Savings Account All Telco members are eligible.*** |
Money Market All Telco members are eligible.*** |
Christmas Club All Telco members are eligible.*** |
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Federally Insured by NCUA |
Traditional Savings Account
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Money Market
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Christmas Club
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Emogene B., Credit Union Member since 2017Superior service each and every time I visit the credit union. Whatever may be going on, one can rest assured it will be resolved.
Savings Calculators
Savings Account FAQs
Yes, in order to establish membership with Baton Rouge Telco, you must open a savings account with a $5 minimum balance. The $5 will be held for the life of the account.
The $5 on hold in your savings account is your owner’s share of the credit union. This will be on hold for the life of the account.
Yes! We also offer a Special Savings account in the event you have a need to keep a separate savings for something…well, special.
More Baton Rouge Telco Savings Options and Tools
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IRAs
Open an Individual Retirement Account and choose a Traditional or Roth IRA depending if you want to pay tax now or later.
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Certificates of Deposit
Deposit at least $500 and you can earn higher rates based on the length of time you leave your funds untouched, from three months to five years.
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Calculators
Use our savings and retirement calculators to compare account options and work out the best way for you to secure your financial future.
Ready to get started?
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.
