ALL STAR SAVERS
Who says saving can’t be fun?
We sure think it’s fun! An All Star Savers account with Baton Rouge Telco Federal Credit Union can teach your child valuable lessons about money and saving for a future goal.
- Interest rate 9.4x higher than most banks*
- Kids 18 and younger are eligible
- No term limit required
- No monthly service fees
- No minimum balance
- Joint account co-owned by a parent or guardian until child reaches 18
- All funds belong to and must be used for the child’s benefit
- Protected by the Uniform Transfer to Minors Act (UTMA)
- Earn Milestone Rewards: Telco will give All Star Savers $10 when the balance of their account hits $100 and another $10 when their balance reaches $500
Or, visit any Telco location today to get started!
*APY= Annual Percentage Yield. Comparison based on Baton Rouge Telco Federal Credit Union 0.75% APY as of 2018-03-01 vs. the bank national average savings rate of .08% APY as of 2018-03-01 sourced from National Association of Federal Credit Unions in cooperation with SNL Financial and Datatrac Corp. Baton Rouge Telco FCU's dividend rates are subject to change without notice. Our dividends are posted monthly based on the daily balance and compounded monthly. Minimum opening deposit of at least $5.00. Federally insured by NCUA.