Louisiana WSTE deposit bonds.
From $100.
Washington-St. No credit check up to $15,000. A surety bond posted with WSTE's member services office frees up that cash instead. Premiums run 2% of the bond amount, $100 minimum.
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How much does a Louisiana WSTE deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard deposit bond — enter your amount, pay, and file with WSTE. Here is the whole thing:
Apply online
Your account details, the property location, the deposit amount WSTE assigned, and the effective date — that is the application.
Issued on the spot
No credit check up to $15,000.
File with WSTE
Submit the executed bond to WSTE member services in place of the cash deposit on your new membership. Wet-ink originals mailed whenever the office insists.
What it is and who needs it.
What the WSTE deposit bond actually replaces
Washington-St. Tammany Electric Cooperative (WSTE) is a member-owned, not-for-profit electric cooperative serving Washington and St. Tammany parishes in southeastern Louisiana, with local offices in Slidell, Franklinton, Folsom, and Abita Springs. Like most utilities and cooperatives, WSTE runs a credit check on every new membership and, based on the result, may require a cash security deposit before turning on electric service — separate from the $10 membership fee and $25 connection fee due at hookup.
A deposit bond in the same face amount is a cash-free alternative some members arrange with WSTE's member services office instead of tying up that cash while their payment history is established. It is a guarantee, not a payment — if the account goes unpaid and service is disconnected, WSTE can claim against the bond, up to its face amount, for the unpaid balance, and if the surety pays, the member repays the surety.
No credit check up to $15,000. Enter the amount WSTE assigned; we price the bond at 2% of that figure, $100 minimum, with no credit check up to $15,000 in the application itself.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with WSTE. Submit the executed bond to WSTE member services in place of the cash deposit on your new membership. Wet-ink originals mailed whenever the office insists.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $15,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the deposit amount WSTE assigned your membership — the executed bond is generated instantly, ready to file with member services.
Start the application →Common questions.
Other Louisiana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Skip the membership deposit hold.
Rate is 2% of the bond amount, $100 minimum. Enter the deposit WSTE assigned and file with member services the same day.