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Serving members worldwide since 1935.


  • No minimum balance
  • No monthly fee
  • Earn dividends
  • Free online banking
  • Free mobile deposit

Enjoy additional free services with Relationship Checking.

Full Rate Details
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Our checking account offers the conveniences of bank checking, plus these very distinct advantages:

No Minimum Balance Requirements. No Monthly Maintenance Fees. Earn Dividends.

Don't stress about maintaining a certain balance in your checking — there is no minimum balance required for our checking account. Maintenance fees? None here! Ditch the big banks and enjoy our strictly no-fee checking account.

Ready for the best part? Take advantage of our NEW 2.02% APY* High-Yield Checking on checking account balances up to $25,000 with a monthly qualified direct deposit of $500 or more.***

Effective Dec 1, 2022

Balance Min to Open Dividend APY*
All Balances $5** 0.025% 0.025%
$0 - $25,000 $5** 2.00% High-Yield*** 2.02% High-Yield***
*APY=Annual Percentage Yield. **Plus cost of check style selected. ***The high-yield bonus dividend rate of 2.02% APY is for primary checking balances up to $25,000, and is in addition to the base rate of 0.025% APY. Total APY earned is 2.04% APY. Business Checking Accounts are excluded. To earn the 2.02% APY 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 or savings account on a month-to-month basis made by an outside organization or agency. Dividends are compounded and credited quarterly.

30,000+ Surcharge-Free ATMs. 5,000+ Shared Branches.

Access an extensive network of surcharge-free ATMs and shared branches across the country and around the world.

With the CO-OP network, you have access to an extensive network of over 30,000 surcharge-free ATMs worldwide including locations at popular retailers such as 7-Eleven, Royal Farms, Wawa, Costco, Dunkin Donuts and Rite-Aid.

Plus, with our shared branch network, you can conduct your Lafayette Federal banking in more than 5,000 shared branches, accessible in every state across the country, and around the world. Learn more about shared branches.

Features For Your Peace of Mind.

Overdraft Protection.

Protect yourself from accidental overdrafts with our overdraft protection. Lafayette Federal offers members a variety of overdraft protection options including Courtesy Pay and REDI-CASH. Learn more about our overdraft protection options.

Account and Card Alerts.

Stay on top of your account, debit card, and credit card activity with Lafayette Federal's account alerts! Register for a range of customizable alerts, and receive a text message or email on your account activity. Learn more and sign up for alerts.

Federally-Insured Funds.

Stress less knowing your money is protected. Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government.

Online Account Management.

With our fully-upgraded Online Banking & Mobile App, you've got complete control of your finances, all in one place. Enjoy new and improved features in our up-to-date platform. Learn more about our online banking and mobile app.

Apple PayTM, Google PayTM, and Samsung PayTM

Easy. Private. Secure.

Use Apple Pay, Google Pay, or Samsung Pay with your compatible device to pay in stores without swiping your cards and in apps without entering payment and contact information.

To get started, simply download your respective app, and enter the requested information. You will then be prompted to call the phone number that appears to validate your card and complete the enrollment process. This process will take 5 to 10 minutes to complete, and you will be asked to verify your most recent transaction (so have that handy). After the merchant name and amount is provided, your card will be verified and ready for use.

Award-Winning Service.

A tribute to our members' unwavering support and steadfast loyalty.

Since 1935, Lafayette Federal Credit Union has been dedicated to providing its members with the means to achieve financial security and independence. Each year, we have built upon our accomplishments to remain one of the premier financial institutions in the DC Metro area.

S&P Top 100 Badge

Newsweek America's Best Banks 2022 Badge

Bauer 2021 Badge

Plus, enjoy our Mastercard® Debit Card and Free Services with Lafayette Federal’s Tiered Checking:

Our debit card allows you to make purchases and get cash anywhere Mastercard®, Cirrus, Credit Union 24 or Member Access cards are accepted. Request one when you open your checking account.

In addition to the ATMs at our branch locations‚ and a number of credit union owned ATMs throughout the D.C. area, our members have access to an extensive network surcharge-free ATMs worldwide.

Enjoy More Free Services with Relationship Checking

Our Relationship Checking program rewards those members who choose to maximize their financial relationship with us. If you have a checking account with direct deposit, you may qualify for a Checking Account that provides an attractive package of rewards. And the more rewards you get, the more money you save and earn.

There are four different levels of relationship checking:

  1. Presidential
  2. Premier
  3. Preferred
  4. Basic
If you participate in relationship checking, your current level is indicated on your account statement every month. Take a look at the chart to see how you can qualify for each rewards level and its money-savings benefits!

Relationship Checking

BenefitBasicPreferredPremier Presidential
Bill Pay with no fee
Identity Theft Security
(ID Restoration FREE for 6 months/ID Protect Plus FREE for Presidential)

Incoming wire (no fee)

Cashiers check (no fee)

Stop payment order (no fee)

Share draft photocopy (no fee)

Replacement ATM/debit card (no fee)

Replacement ATM/debit PIN (no fee)

$5 credit for purchase of checks


Verification of deposit (no fee)

Statement photocopy (no fee)

NEW- Four boxes of checks per year**



Lafayette Federal Checking with Qualified Direct Deposit is required


Combined average monthly share and loan balance of $500,000+ with at least $20,000 in deposits is required


Combined average monthly share and loan balance of $250,000+ with at least $5,000 in deposits is required


Combined average monthly share and loan balance of $10,000+ with at least $1,000 in deposits is required


Lafayette Federal Checking Account with Qualified Direct Deposit is required

*Eligibility criteria for rewards level re-evaluated on a monthly basis. Rewards subject to change based on eligibility. 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. **Basic checks only.

Open Today.

Open your account online 24/7 or stop by one of our branch locations and our staff will be happy to assist you.

We have eight convenient locations in the D.C. metropolitan areaOpens in New Window where our branch staff will be happy to assist you through the account opening process, and answer any questions that you may have.

Have Questions? Just ask.

Full Rate Details
Account Disclosures
Order ChecksOpens in New Window

  • couple smiling looking at statement mini news ad

    Enjoy our 2.02% APY³ Checking — a premium rate 50 times higher than the national average¹

    Simple terms, outstanding rate

  • atm-cash-withdrawal

    Our members have access to 30,000+ surcharge-free ATMs and 5,000+ shared branches for all basic transaction needs.

    Access branches and ATMs nationwide

  • Home Advantage Family on porch

    Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.

    Save $100s to $1,000s in Cash Rewards*