Yes, you will need to become a Baton Rouge Telco member to open a credit union savings account. Membership is open to anyone who lives, works, or attends school in one of the following Louisiana parishes:
Parents, children, siblings, grandparents, grandchildren, stepparents, or stepchildren of Baton Rouge Telco members are also eligible to join.
A kid's savings account with Baton Rouge Telco is ideal for a child. There are no monthly fees, and children may be encouraged to save more as they watch their balances grow with interest and dividend earnings. They can also check their accounts online or on the go with our mobile banking app.
Yes, a parent can open a savings account for a child. Parents can teach their children about money with our no-fee kid's savings account that earns generous interest and dividends.
A kid's savings account with Baton Rouge Telco is a great way to teach children about the value of money, saving, and earning interest. If a child wants to save for something — like a game console, musical instrument, or bicycle — they can contribute regularly and watch their balance grow over time. A parent can monitor the account to make sure their child stays on track.
A youth savings account is designed to help children learn the importance of saving money and managing their finances. Youth accounts are open to those who are under 18 years old and have a parent or guardian who is a Baton Rouge Telco member. Youth accounts earn generous interest and dividends, there are no monthly fees, and kids can also earn bonus rewards for reaching savings milestones.
When you turn 18, your youth savings account will be converted into a regular savings account.
Yes, to open a kid's savings account, a parent or guardian must be a Baton Rouge Telco member. Membership is open to anyone who lives, works, or attends school in the following parishes: Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, Saint Helena, Tangipahoa, West Baton Rouge, West Feliciana. Membership is also open to parents, children, siblings, grandparents, grandchildren, stepparents, or stepchildren of Baton Rouge Telco members.
Before you begin the balance transfer process, let's get a BR Telco Visa credit card opened for you. We offer two great credit cards to fit your lifestyle. Our credit cards feature no annual fees, no balance transfer fees, and practically unbeatable rates. You can begin your online application here.
Complete this short form and we’ll have one of our experts contact you to discuss options.
*APY Annual Percentage Yield. APY is Telco’s current rate. 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.
All-Star Savers
Earn Milestone Rewards: $10 when the balance reaches $100 and another $10 when the balance reaches $500.
Parents can access accounts online and in the app. Plus, you can set up automatic or make one-time transfers from your account.