Baton Rouge TELCO Federal Credit Union offers Home Mortgages and More
For over 75 years, Baton Rouge TELCO Federal Credit Union offers home mortgages and more to its members, including a full range of financial services.
A conversation with Darryl Long, CEO of Baton Rouge TELCO FCU, guest of Ann Dail, Broker, Owner of Baton Rouge Area Homes, LLC.
Credit Union History & Membership: Baton Rouge TELCO Federal Credit Union was originally chartered in 1936 to serve the employees of Southern Bell Telephone and Telegraph Company. Over time, TELCO has expanded to serve anyone who lives, works, worships or goes to school in a 10 parish area: Ascension, East and West Baton Rouge, East and West Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena and Tangipahoa.
Services Offered: TELCO offers a wide variety of financial services to its membership. Let me list some of the benefits offered exclusively to members:
- Accounts such as savings, checking, share certificates, and youth accounts
- Loans for automobiles, boats, RVs and unsecured loans
- Home mortgages and home refinancing
- Mobile home loans and RV loans
- VISA credit cards, VISA check cards, and ATM cards
- Direct deposit, overdraft privilege, and safe deposit boxes
- E-Services including free mobile banking, online banking and bill pay, email notifications, e-statements, and secure chat
- World class customer service
How is a credit union different from a bank? Baton Rouge TELCO exists for its members, who are actually the owners. Rather than make a profit from their transactions, any earnings that TELCO makes are returned to the members in the form of better rates and lower fees. For example, we offer a checking account with no monthly service charge or minimum balance requirement. Most banks do not offer that type of product. Similar to banks, deposits at TELCO are federally insured to at least $250,000 and are backed by the full faith and credit of the United States Government.
What makes TELCO a good option for home financing? We offer home mortgages and home refinancing at very competitive rates. We also finance mobile homes. Plus, most of our mortgages stay with TELCO instead of being sold. You will be working with the same helpful, local people throughout the life of your loan.
Where are you located? TELCO has four locations.
In Baton Rouge, we are at 13404 Airline Highway across from the new Woman's Hospital.
We have a second Baton Rouge location at 2226 Wooddale Blvd. between Tom Drive and Choctaw.
We also have a new branch in Watson at 32839 LA Hwy. 16, near WalMart.
In Hammond, we are at 1115 W. University Avenue near the SLU campus.
Plus, TELCO members have almost 30 credit union service center locations in the Baton Rouge area and almost 5,000 in the United States where they can transact business. Members also have access to an extensive network of credit union ATMs around the state and across the country.
What makes your service world class? What can a potential member expect?
TELCO strives to exceed our member’s expectations. We want our members to go tell their family, friends and neighbors about our low rates on loans, high rates on savings, low fees and friendly service they received at TELCO.
What advice can you offer to someone who is shopping around for a financial institution?
Sometimes the best financial institution isn’t the one that is the most advertised or the most visible. TELCO is a hidden gem that long-time residents of Baton Rouge have found to offer them better rates and service than the larger institutions.
If someone is interested in opening an account and becoming a TELCO member, what should they do?
Visit www.brtelco.org or call (225) 924-8900. You can also a visit membership services officer at any of our four locations.
Baton Rouge TELCO Federal Credit Union offers Home Mortgages and More For your home financing and financial services needs, check out Baton Rouge Telco Federal Credit Union.