Deposit Rates

*APY = Annual Percentage Yield. APY is Telco's current rate. 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 subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened.  Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account.

Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly. To qualify for 5.55% APY, the following qualifications must be met within each month: 1) make 15 debit card purchases (non-ATM) that post and settle to your account before the last day of each month. Members can fulfill the 15 debit card purchase requirements with a variety of transactions, including: both in-person and online transactions, swipes/dips/taps-to-pay, one-time or recurring transactions, and tokenized transactions; 2) receive direct deposit in any amount to any account within the membership; and 3) enroll in eStatements. The monthly qualification cycle is defined as the period beginning the first day of the current statement cycle through the close of the current statement cycle. If you do not meet all the qualification requirements during the monthly qualification cycle, you will receive the dividend rate of the Elite Checking account as listed in the Rate Schedule; the balance of the account must be at least $2,500.00 to receive dividends. Fees may reduce earnings. For new members, an additional minimum deposit of at least $5 will be required to open a Regular Share account to join Telco. Membership requirements do apply.