facebook pixel Skip to main content
Please note that mail sent via USPS to Lafayette Federal may arrive later than anticipated. Learn more on how to eliminate account posting delays with our 24/7 convenience services.

Google PlayApple Store
Serving members worldwide since 1935.

Money Market Accounts

  • Personal & business accounts
  • No maintenance fee
  • Online access

Enjoy the convenience of issued checks!

Full Rate Details
Account DisclosuresOpens in New Window

Earn more on your savings without compromising accessibility.

What is a Money Market 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 Jan 1, 2021

Tier Min to Open Dividend APY*
$0 - $2,499 $2,500** 0.00% 0.00%
$2,500 - $24,999 0.05% 0.05%
$25,000 - $149,999 0.15% 0.15%
$150,000+ 0.30% 0.30%
*APY=Annual Percentage Yield.
**Plus the cost of checks.

Easy Access

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.

Opening a Money Market Account

To open a personal money market account, visit a branch or open an account onlineOpens in New Window.

To open a business money market account, please contact us.

Have Questions? Just ask.
Open an AccountOpens in New Window

Full Rate Details
Account DisclosuresOpens in New Window

  • 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