
Checking Accounts
Manage your everyday spending PLUS earn up to 2.02% APY¹.
Quality checking with all the perks you need to succeed.
When you open a checking account with Lafayette Federal, you get free online banking, mobile deposits on us, and the ability to earn up to 2.02% APY1 on your money. Plus, you never have to worry about minimum balances or maintenance fees.
Benefits and features, designed for you.
Our checking account offers these very distinct advantages:
Overdraft Protection
Protect yourself from accidental overdrafts. Lafayette Federal offers members a variety of overdraft protection options including Courtesy Pay and REDI-CASH.
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 about our Mobile Banking features.
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.
Relationship Checking Tiers
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 an attractive package of rewards. View our Relationship Checking Tiers.
Mastercard® Debit Card
Our Mastercard® Debit Card allows you to make purchases and get cash at your convenience. Request one when you open your checking account.
Lafayette Federal High-Yield Checking
Take advantage of our new 2.02% APY1 High-Yield Checking on balances up to $25,000 with a monthly qualified direct deposit of $500 or more.3
Balance |
Min. to Open |
Dividend |
APY1 |
---|---|---|---|
1APY=Annual Percentage Yield. 2Plus cost of check style selected. 3The 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. The rates and terms shown are effective as of May 1, 2023. |
|||
Balance All Balances |
Min. to Open $5 2 |
Dividend 0.025% |
APY1 0.025% |
Balance $0 – $25,000 |
Min. to Open $5 2 |
Dividend 2.00% High-Yield3 |
APY1 2.02% |
30,000+ surcharge-free ATMs and 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.

Shop & pay for purchases with the mobile device of your choice.
Use Apple, Google, or Samsung PayTM on your compatible device to pay in stores without opening your wallet. Plus, make in-app purchases without entering payment and contact information. Here’s how to get started:
Download Apple, Google, or Samsung Pay.
Enter the requested information before calling the provided phone number to validate your debit card.
Find your most recent transaction
To complete enrollment, you’ll be asked to verify the most recent transaction on your debit card — so be sure to have that handy. This part of the process takes 5 to 10 minutes to complete.
You’re all set!
After you provide the merchant name and the amount, your card will be verified and ready to make purchases online and in person.
Our members say the nicest things.
![]()
I joined LFCU in 1976, upon coming to USAID, and was fortunate to win the top door prize in the first annual meeting I attended, in 1977. Since draft accounts were first offered in 1981, I direct deposited my salary check until I retired, and we now have our annuities direct deposited. Our daughter still uses the account we opened for her as a six-year-old for direct deposit of her salary, and we have established savings accounts for our granddaughters to help them develop values of thrift and deferred gratification. We look forward to LFCU continuing to effectively provide for our financial services needs throughout our retirement.
Kenneth M. Member
Ready to open an account?
Disclosures
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.