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PREMIER INTEREST CHECKING

You work hard for your money. It’s time to let your money do more for you.

A free Premier Interest Checking Account with Baton Rouge Telco pays you a high rate of return with zero fees or minimum balances. It’s time to break free from big banking.

Telco Members Enjoy

  • Earn 4.00% APY* on balances up to $10,000, and 0.05% APY* thereafter
  • $0 monthly fees
  • $0 minimum balances
  • Free 24/7 account access using Mobile & Online Banking and MANDI
  • Free Bill Pay
  • Free eStatements
  • Free "Instant Issue" Visa Debit Card
  • Access to 73,000 surcharge-free ATMs nationwide
  • Over 5,000 CO-OP Shared Branching locations nationwide
  • Overdraft Protection available
  • Mobile check deposit
  • Visa® Debit and apple pay image

How to Qualify for Premier Interest Checking

Qualifying for 4.00% APY on balances up to $10,000 is easy. Just meet the following criteria:

  • Receive eStatements
  • At least one monthly Direct Deposit
  • Minimum of 25 debit card (non-ATM) transactions post and settle to your account within the calendar month.

What if I don’t meet the criteria one month?

Don’t worry! You will earn 0.05% APY on your average daily balances over $2,500, if all the criteria are not met. The following month, you will be eligible again to qualify for 4.00% APY. With the Premier Interest Checking Account there are never any penalty fees or minimum balances to maintain for not meeting the account interest requirements.

Open Account

Or, visit any Telco location today to get started!


Overdraft Protection & Privilege

Overdraft Protection helps to protect you if funds are unavailable to cover any debits or checks clearing your checking account. We transfer funds from your savings account (if funds are available) to your checking account at a charge of $5 per item.

Overdraft Privilege authorizes your checking account to accept charges that overdraw the account up to $500. There is a $30 per transaction fee for each charge that is submitted to the overdrawn account. Click here to opt-in.


To qualify for Overdraft Privilege
  • Your account must remain positive with no fees for 60 days
  • You must have at least $400 in aggregate deposits during those same 60 days
  • You may not have any delinquent loans

*APY - Annual Percentage Yield. APY is effective as of as of 7/1/2018. Rates may change after account is opened. Minimum deposit of $5.00 to open account. Dividends are calculated on a daily balance method and are compounded and credited monthly. To qualify for 4.00% APY, the following qualifications must be met within each month: 1) make 25 debit card transactions (non-ATM) that post and settle to your account before the last day of each month; 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.