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Generally, wealth is defined as possessing a beneficial abundance, be it money, health, or happiness. Different people and cultures may prioritize each of these differently, but many would argue it’s great to have all three. As your credit union, we won’t presume to tell you how to cultivate happiness or maintain your health, but it…
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July 23, 2024 Lafayette Federal Credit Union Welcomes Ali Nassirian as Senior Vice President of Secondary Sales & Lending Solutions Rockville, MD – Lafayette Federal is pleased to announce the appointment of Ali Nassirian as the new Senior Vice President of Secondary Sales & Lending Solutions. Ali brings over two decades of extensive experience in…
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One of the cornerstones of your financial journey is understanding and managing your credit. In this article, we’ll explore the importance of credit, ways to improve your credit score, and provide essential credit management tips.
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“Can I afford to buy a car?” “Is it better to buy a new or used car?” Lots of people are asking these questions now that new car dealers have inventory again and used car prices no longer include pandemic-era premiums. Whether you’re eyeing a new or used vehicle, purchasing a car in today’s market…
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Today, we want to highlight an opportunity that could significantly boost your savings: our high-yield savings accounts. Read on to learn more about how these growth-oriented accounts can help you achieve your financial goals.
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June 28, 2024 Lafayette Federal Credit Union Announces Grand Opening of Greenbelt Branch Greenbelt, MD – Lafayette Federal Credit Union, a trusted financial institution operating in the DMV region since 1935, is excited to announce the grand opening of its new branch located at 7357 Greenbelt Road, Greenbelt, MD 20770. After officially opening its doors…
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June 1, 2024 Lafayette Federal Credit Union and Herndon Sports Boosters to Dedicate New Mural at Herndon High School HERNDON, VA – On June 12th, Herndon High School will unveil a stunning new mural titled “Welcome to The Nest,” dedicated to celebrating the vibrant school spirit and community of Herndon. The mural dedication ceremony, hosted…
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Credit unions are member-owned financial cooperatives that provide traditional (as well as unique) banking services. The difference between a bank and a credit union is straightforward: credit unions are created, owned, and operated by their accountholders, who are usually referred to as members. Unlike banks, which aim to generate profit for their owner or shareholders,…
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For most Americans, a tax refund can significantly benefit their finances—especially considering lingering inflation, increased interest rates, and economic uncertainty. Tax refunds can be an unexpected influx of cash that allows for important financial goals to be met, such as debt consolidation or increased savings, or they can be an anticipated bonus that helps make ends…
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