BRECO Federal Credit Union was founded in 1934 by a small group of Baton Rouge Electric Company employees who pooled their savings to create a financial alternative for themselves and their co-workers. Baton Rouge Electric Company later became Gulf States Utilities and in 1994, GSU merged into Entergy Corporation. BRECO FCU is a non-profit, member owned financial institution.
In July 2003, Barnard & Burk Federal Credit Union merged with BRECO FCU and assets reached $30 million. Today, BRECO FCU has over 5,200 members and assets over $44 million. BRECO FCU can now serve employees, retirees and their family members from:
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Entergy Corporation
IBEW - Local 995
Cox-Walker & Associates
Englobal Engineering
Highlines Construction Company
Power & Control Systems
Spectrum Services
West Baton Rouge Conference & Travel Center
Court Reporters of LA
Title2Land, LLC
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The Shaw Group
DEMCO
East Jordan Iron Works
Ferris Engineering
La One Call
Spectrum Engineering
Vector Electric
Wampold Companies
The Shobe Financial Group
Tube Fitting Specialties, Inc.
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Your Funds are Federally Insured!
During these erratic financial times, we at BRECO Federal Credit Union wanted you to be reassured your funds with us are federally insured to at least $250,000, and are backed by the full faith and credit of the United States Government through the NCUA (see detail NCUA coverage).
BRECO FCU has built a strong and sound capital structure through careful lending and investment practices that protect your savings and deposits. Additionally, BRECO provides you with as much federal account insurance coverage as any financial institution in the United States.
Need More Coverage? Give us a Call (225-273-1529)... We can help you organize your accounts so that you can obtain maximum coverage. |
