2% High-Yield Checking
We’ve Upped the Ante with Our 2.02% APY³ Checking
Take advantage of our 2% High-Yield Checking!
For more than eight decades, Lafayette Federal has delivered service excellence to our loyal members, who have stood by us through the years. To thank you for your unwavering support, we’re providing our members with a special 2.02% APY3 High-Yield Checking!
Simple terms. Outstanding rate.
Still need a bit more information?
Open your Checking Account with a qualified monthly direct deposit of $500 or more2 and earn a bonus rate of 2.02% APY3 on balances up to $25,000.
Already have Lafayette Federal Checking? You’ll automatically earn the bonus 2.02% APY3 as long as you maintain a qualified direct deposit of $500 or more each month!
Enjoy a premium rate over 28 times higher than the national average1, simple terms, AND 24/7 global access to your money.
A Lafayette Federal Checking Account offers the ultimate in value and convenience.
Enjoy premium accounts, features, and benefits:
- No minimum balance requirements or monthly maintenance fees
- 24/7 management of your account(s) via Online/Mobile Banking
- FREE Bill Pay, mobile deposit, and bank-to-bank transfers
- Discounts on auto loans, mortgage loans, and more with Qualified Direct Deposit
- Worldwide access to your money via surcharge-free ATMs & Shared Branches
- FREE member perks and programs
Our members say the nicest things.
I have been a member with LFCU for over 3 decades and the family service has never diminished. I go back to Patrick, Abbey, and Jack Welty who were there from the beginning setting the community banking standards. I vividly remember they were always there for the customer. No question was too small and they always answered your phone call. Working with Jermaine and Alieu has been nothing short of outstanding. To that end, I am clear that they continue to maintain the standards and level of customer service that the above-mentioned LFCU luminaries committed to over three decades ago. With mortgage rates so competitive, I did have a competing offer on a 30-year fix mortgage, but chose to stay with the LFCU family because of the great customer service.
Alonzo F. Member for over 30 Years
We’re always here to help you achieve more.
Explore our blog for tips, practical advice, and financial guides on how to achieve your goals today and tomorrow.
Federal Banking Regulations: Protecting you and your money.
Federal banking regulations are essential frameworks established to ensure the safety, soundness, and efficient operation of the banking system, thereby protecting consumers and their money. These regulations cover a wide range of activities, from how financial institutions lend money to how they manage customers’/members’ deposits. Let’s take a detailed look at what these regulations are,…
Read more
Teaching Kids About Money: Financial Literacy for the Next Generation.
Teaching kids about money is one of the most important things we can do as parents and family members. Money plays a major role in shaping our lives and how we live them, and teaching kids about spending wisely, the importance of saving, and learning money management skills helps set them up to succeed as…
Read more
Green Banking: How credit unions support environmental sustainability.
The start of spring, with everything starting to bloom, is a good time to discuss green banking. Maybe you’re wondering what exactly green banking means? And what is a green bank? There is a bit of confusion about this, which is understandable given the relative recent introduction of these ideas into the financial services sector.…
Read moreThere’s even more to explore.
Membership Benefits
When you become a Lafayette Federal member, you get much more than great rates, exceptional service, and a credit union family for life.
About Lafayette
Read about where our story began, who we are now, and where we’re going.
Ready to open an account?
Disclosures
1Based on the national average of 0.07% APY3 for comparable checking account rates as published in the FDIC Weekly National Rates and Rate Caps as of January 16, 2024. The bonus dividend rate of 2.02% APY3 is for primary checking balances up to $25,000, and is in addition to the base rate of 0.025% APY3. Total APY3 earned is 2.04% APY3. Checking balances over $25,000 earn 0.025% APY3. Business Checking Accounts are excluded. Dividends are compounded and credited quarterly. To earn the 2.02% APY3 bonus rate, member must maintain at least one (1) qualified direct deposit of at least $500 per month. 2Qualified direct deposit is a recurring direct deposit of a paycheck, pension, or Social Security 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. Must be eligible for membership. $50 minimum balance required to open and earn 0.10% APY3 on Lafayette Federal share savings account balances. $5 minimum balance to open Lafayette Federal checking account. 3APY=Annual Percentage Yield. Rates current as of January 1, 2024 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. Lafayette Federal is an equal opportunity lender.
Back to top