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Serving members worldwide since 1935.

Open your Checking Account with Qualified Direct Deposit¹, and earn a bonus rate of 1.00% APY² on balances up to $25,000. Forget the complex requirements of our competitors, we’re giving you an outstanding rate with simple terms, just for banking with Lafayette Federal.

A Lafayette Federal Checking Account offers the ultimate in value and convenience:

  • No minimum balance requirements to earn dividends or monthly maintenance fees
  • 24/7 management of your account(s) via Online/Mobile Banking
  • Free Bill Pay and mobile deposit
  • Discounts on auto loans, mortgage loans, and more with Qualified Direct Deposit
  • Complete purchasing power with a Lafayette Federal Mastercard® Debit Card
  • Worldwide access to your money via surcharge-free ATMs & Shared Branches

Already have a Lafayette Federal Checking Account? You’ll automatically earn the bonus 1.00% APY² on balances up to $25,000, as long as you maintain a month-to-month Qualified Direct Deposit!¹

Not yet a Lafayette Federal member?

There’s never been a better time to experience Lafayette Federal membership. We’ve been proudly providing our members with exceptional service, incredible value, AND worldwide convenience for over 85 years! Learn more about the benefits of membership at LFCU.ORG/MEMBERSHIPOpens in New Window.

It's time to maximize your hard-earned dollars with a checking account that truly rewards YOU.

¹The bonus dividend rate of 1.00% APY² is for primary checking balances up to $25,000, and is in addition to the base rate of 0.025% APY². Total APY earned is 1.03% APY². Checking balances over $25,000 earn 0.025% APY². Business Checking Accounts are excluded. Dividends are compounded and credited quarterly. To earn the 1.00% APY² bonus rate, member must maintain at least one (1) qualified direct deposit 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 account on a month-to-month basis made by an outside organization or agency. Must be eligible for membership. $50 minimum balance required to open and earn 0.10% APY² on Lafayette Federal share savings account balances. $5 minimum balance to open Lafayette Federal checking account. ²APY=Annual Percentage Yield. Rates current as of January 1, 2021 and subject to change without notice. Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government.
  • Holiday Loan 2021

    Wrap your holiday expenses into a great-rate Lafayette Federal Holiday Loan!

    Rates as low as 4.74% APR*

  • 1% Checking

    Enjoy our 1.00% APY² Checking Account Bonus — earn an outstanding rate with simple terms.

    Maximize your hard-earned dollars

  • atm-cash-withdrawal

    Our members have access to Co-Op Network Shared Branches & ATMs for all basic transaction needs.

    Access branches and ATMs nationwide