Enjoy the convenience of issued checks!Open Account
A money market account is a non-financial account that pays interest based on current interest rates in the money markets. We offer both personal money market accounts and business money market accounts — we charge no maintenance fee for either account!
The minimum balance at which you start earning dividends for personal money market accounts is $2,500 and $10,000 for business money market accounts. You must maintain the minimum balance for the entire monthly statement cycle to earn dividends.
Effective Sep 1, 2018
|Tier||Min to Open||Dividend||APY*|
Accessing your account is easy with a money market account. You can do it three ways:
Although money market accounts are more liquid than share certificates, withdrawals are subject to certain federal regulatory limits. Six transactions are permitted per month and a fee is applied each time this limit is exceeded.
To open a personal money market account, visit a branch or open an account online.
To open a business money market account, please contact us.
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*
A Lafayette Federal Holiday Loan is the perfect way to cover your extra spending this season.
Rates as low as 4.74% APR*
Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.
Rates as low as 2.375% APR*