Searching for a credit union you can count on in Baton Rouge? Essential Federal Credit Union is one of few that was created locally and takes a personalized approach to serve our customers. Whether you would like to set up a personal or business account, we can help with securing and organizing your accounts.
Checking Account Options
At Essential FCU we have three options to suit your needs. As a local credit union, we want to be able to serve everyone in Baton Rouge. Therefore, our checking options can cater to different individual needs. We offer key checking, simple checking, and a money market account.
The key checking account is a high-yield account that will allow you to earn rewards. The simple checking account is free checking with no minimum balance and free eBanking. Lastly, the money market account can earn you variable dividends based on your monthly average balance.
Savings Account Options
Similar to our different checking accounts, people have different savings goals. We offer a regular savings account, a start-up savings account, and club savings account to provide you the flexibility that you need.
A regular savings account is required for membership and can be opened with as little as $5. Receive a free ATM card when opening your account! Our start-up account is perfect for teaching your children how to save money. This can show them how important saving and compound interest can be. Our Club account encourages long-term saving for specific goals like weddings and vacations.
We don’t want to make buying a home or paying for school more complicated than it should be. That’s why our federal credit union offers low rates and flexible terms to help you attain these goals! We have specific loans to help you with your needs.
At Essential FCU, we offer auto loans, boat/RV/motorcycle loans, secured loans, vacation loans, ready cash loans, personal loans, tuition loans, and home loans. Our auto loans have competitive rates and longer terms with extended warranties. Our recreational/motorcycle loans have 84- to 120-month terms for these loans.
Planning to go to LSU in Baton Rouge? Our tuition loans stay at a low fixed rate for 12 months! Our Ready Cash loans can help you get out of a bind when you need extra cash on hand. Essential FCU home loans are fast and convenient. We offer flexible terms up to 30 years, low down payments, refinancing solutions, and various mortgages to choose from!
Essential FCU offers payment protection against death, involuntary unemployment, and disability. This protection of your loan balance can take the worry away from your family if something goes wrong.
GAP (Guaranteed Asset Protection)
GAP can come in handy if insurance does not cover your damaged or stolen vehicle. It can also cancel or reduce the difference that you would have to pay without this service.
Contact Our Baton Rouge Credit Union
Visit our Baton Rouge credit union location on Siegen Lane. Our hours are Monday through Friday 8:00 am to 5:00 pm and Saturday from 9:00 am to 12:00 pm. Give us a call at 1-888-369-2207. When you’re ready to choose a credit union in Baton Rouge, see what Essential FCU could do for you!