New Members Earn More
Join Lafayette Federal and earn $150!⁴
No fees. No hassle. Simply Better Banking.
Get a $150 checking account bonus when you switch to Lafayette Federal. Enjoy smarter, hassle-free accounts designed to support your financial success.1
Earn Your $1504 Checking Account Bonus in 3 Easy Steps
In order to earn the $1504 checking account bonus you must be a new member. Check out the three steps to earn below.
Open
a new Lafayette Federal checking account with just $50, get your debit card, and enroll in online banking.
Deposit
$500 or more per month to qualify for the bonus to receive an additional $100.
Earn
and receive the $150 bonus—$50 upon account opening and $100 within 45 days. View our full disclosure here.
Lafayette Federal Checking Account
Take advantage of our new checking account and get the perks.
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Balance |
Min. to Open |
Dividend |
APY1 |
|---|---|---|---|
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¹APY=Annual Percentage Yield. ²Plus cost of check style selected. Dividends are compounded and paid monthly on the first day of the next dividend period. Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government. The rates and terms shown are effective as of June 2, 2025. |
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|
Balance All Balances |
Min. to Open $5 2 |
Dividend 0.025% |
APY1 0.025% |
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Balance |
Min. to Open |
Dividend |
APY1 |
Back to top Our members say the nicest things.
I joined LFCU in 1976, upon coming to USAID, and was fortunate to win the top door prize in the first annual meeting I attended, in 1977. Since draft accounts were first offered in 1981, I direct deposited my salary check until I retired, and we now have our annuities direct deposited. Our daughter still uses the account we opened for her as a six-year-old for direct deposit of her salary, and we have established savings accounts for our granddaughters to help them develop values of thrift and deferred gratification. We look forward to LFCU continuing to effectively provide for our financial services needs throughout our retirement.
Kenneth M.Member
Disclosures
1-Year Jumbo Certificate
¹Early withdrawal penalties may apply. Rates subject to change without notice. Certificates will automatically renew upon maturity unless otherwise stipulated by the member. Fixed Certificate Account dividends will be compounded and credited monthly on the last day of each calendar month. For example, dividends for January will be credited on January 31, giving you a more regular return on your deposits! Must establish membership with Lafayette Federal Credit Union, or be an existing member. $50 minimum balance required to open and earn 0.10% APY² on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 0.025% APY² on LFCU checking account balances. ²APY=Annual Percentage Yield.
2-Day Early Pay
3Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer and standard fraud prevention screening. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date. Early access is available for personal accounts only, and is offered at the discretion of the Credit Union. We reserve the right to cancel the service at any time without notice. Dividends will begin to accrue on the day early pay funds are received.
$150 Checking Account Bonus Offer
⁴Lafayette Federal membership is required. Offer is valid from February 1, 2025 through December 31, 2025. Lafayette Federal will match the required par value by depositing $50 into the checking account at account opening. Member must open a Lafayette Federal checking account, debit card, and online banking to be eligible.⁵ To receive an additional $100, member must set up and maintain at least one (1) qualified direct deposit (QDD) of at least $500 per month. Qualified direct deposit is a recurring direct deposit of a paycheck, pension, Social Security or other periodic payment of at least $500 into a checking or savings account on a month-to-month basis made by an outside organization or agency. QDD must be established within 45 days of account opening. $100 will be deposited within 90 days of account opening. $50 minimum balance required to open and earn 0.10% APY (Annual Percentage Yield) on LFCU share savings account balances.
Your savings are federally insured up to $250,000 by the National Credit Union Administration, an agency of the U.S. government.
