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 4,800 members and assets over $38 million. Breco FCU can now serve employees, retirees and their family members from:
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Entergy Corporation
Cox-Walker & Associates
Englobal Engineering
Highlines Construction Company
Power & Control Systems
Spectrum Services
West Baton Rouge Conference & Travel Center
Court Reporters of LA
JJF Chemical Dependency Services
Title2Land, LLC |
The Shaw Group
East Jordan Iron Works
Ferris Engineering
La One Call
Spectrum Engineering
Vector Electric
Wampold Companies
The Shobe Financial Group
Tube Fitting Specialties, Inc.
The Wackenhut Corporation |
Today our mission is much the same as it was in 1934
"To improve our members' financial position."
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