Find Your Savings Account
Let’s find the account that works best for you.
We’ll help you get started.
There are a few different ways to save and grow your money with Lafayette Federal. We’re here to help you narrow down your options and find the account to meet your goals.
Explore your options.
Which of the following do you want out of your savings account? Select all that apply.
Our members say the nicest things.
Lafayette Federal has been my trusted credit union for the last 34 years, providing for me while I served both overseas and here in the United States! You have helped me to plan for the future, finance mortgages, fund my business start-up, and save for retirement. Thanks for being my bedrock as I now look forward to enjoying this next phase of my life!
Brian R.
See today’s rates
|
Balance |
Min. to Open |
Min. to Earn APY1 |
Dividend |
APY1 |
|---|---|---|---|---|
|
Savings Account dividends are compounded and paid quarterly on the first day of the next dividend period. Dividend Rates and APYs are variable and are subject to change. Certain fees and charges may apply to your share account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings. 1APY=Annual Percentage Yield. The rates and terms shown are effective as of September 1, 2024. |
||||
|
Balance up to $19,999 |
Min. to Open $50 |
Min. to Earn APY1 $50 |
Dividend 4.20% |
APY1 4.27% |
|
Balance $20,000 or more |
Min. to Open $20,000 |
Min. to Earn APY1 $20,000 |
Dividend 4.50% |
APY1 4.58% |
|
Balance |
Min. to Open |
Dividend |
APY1 |
|---|---|---|---|
|
Savings Account dividends are compounded and paid quarterly on the first day of the next dividend period. Dividend Rates and APYs are variable and are subject to change. Certain fees and charges may apply to your share account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings. 1APY=Annual Percentage Yield. 2The Premier Savings Account is a tiered-rate account with different rates applied to the different tiers. Member must maintain at least $50,000 in the account to earn dividends on this account. The rates and terms shown are effective as of September 1, 2024. |
|||
|
Balance 1st $50,000 |
Min. to Open $50,000 |
Dividend 4.50% |
APY1 4.58% |
|
Balance 2nd $50,000 |
Min. to Open – |
Dividend 4.60% |
APY1 4.68% |
|
Balance next $150,000 |
Min. to Open – |
Dividend 4.70% |
APY1 4.78% |
|
Balance next $250,000.00 – $99,999,999.99 |
Min. to Open – |
Dividend 4.90% |
APY1 4.99% |
|
Tier |
Min. to Open |
Dividend |
APY1 |
|---|---|---|---|
|
1APY=Annual Percentage Yield. 2Plus the cost of checks. The rates and terms shown are effective as of September 1, 2024. |
|||
|
Tier $0 – $2,499 |
Min. to Open $2,5002 |
Dividend 0.00% |
APY1 0.00% |
|
Tier $2,500 – $24,999 |
Min. to Open – |
Dividend 0.05% |
APY1 0.05% |
|
Tier $25,000 – $149,999 |
Min. to Open – |
Dividend 0.15% |
APY1 0.15% |
|
Tier $150,000 |
Min. to Open – |
Dividend 0.30% |
APY1 0.30% |
|
Fixed-Rate1 |
Min. to Open |
Min. to Earn APY2 |
Dividend |
APY2 |
|---|---|---|---|---|
|
1Early withdrawal penalties may apply. Rates subject to change without notice. Certificates will automatically renew upon maturity unless otherwise stipulated by the member. Fixed Certificate Account dividends are compounded and paid quarterly on the first day of the next dividend period. Must establish membership with Lafayette Federal Credit Union, or be an existing member. $50 minimum balance required to open and earn 0.10% APY2 on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 0.025% APY2 on LFCU checking account balances. 2APY=Annual Percentage Yield. 37-month term Fixed-Rate Certificates are not available as an IRA. The rates and terms shown are effective as of September 1, 2024. |
||||
|
Fixed-Rate1 7-month term3 |
Min. to Open $500 |
Min. to Earn APY2 $500 |
Dividend 4.30% |
APY2 4.37% |
|
Fixed-Rate1 1-year term |
Min. to Open $500 |
Min. to Earn APY2 $500 |
Dividend 4.95% |
APY2 5.04% |
|
Fixed-Rate1 2-year term |
Min. to Open $500 |
Min. to Earn APY2 $500 |
Dividend 4.70% |
APY2 4.78% |
|
Fixed-Rate1 3-year term |
Min. to Open $500 |
Min. to Earn APY2 $500 |
Dividend 4.45% |
APY2 4.52% |
|
Fixed-Rate1 4-year term |
Min. to Open $500 |
Min. to Earn APY2 $500 |
Dividend 4.35% |
APY2 4.42% |
|
Fixed-Rate1 5-year term |
Min. to Open $500 |
Min. to Earn APY2 $500 |
Dividend 4.25% |
APY2 4.32% |
|
Fixed-Rate Jumbo1 |
Min. to Open |
Min. to Earn APY1 |
Dividend |
APY2 |
|---|---|---|---|---|
|
1Valid on new or existing money. Fixed-Rate Jumbo Certificates are not available as an IRA. Early withdrawal penalties may apply. Certificates will automatically renew upon maturity for the same term at the standard certificate dividend rate unless otherwise stipulated by the member. Fixed Certificate Account dividends are compounded and paid quarterly on the first day of the next dividend period. Minimum to open a Fixed-Rate Jumbo Certificate is $100,000.00. No maximum certificate amount. Must establish membership with Lafayette Federal Credit Union, or be an existing member. $50 minimum balance required to open and earn 0.10% APY2 on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 0.025% APY2 on LFCU checking account balances. 2APY=Annual Percentage Yield. The rates and terms shown are effective as of September 1, 2024. |
||||
|
Fixed-Rate Jumbo1 1-year term |
Min. to Open $100,000 |
Min. to Earn APY1 $100,000 |
Dividend 5.00% |
APY2 5.09% |
|
Fixed-Rate Jumbo1 2-year term |
Min. to Open $100,000 |
Min. to Earn APY1 $100,000 |
Dividend 4.75% |
APY2 4.84% |
|
Fixed-Rate Jumbo1 3-year term |
Min. to Open $100,000 |
Min. to Earn APY1 $100,000 |
Dividend 4.50% |
APY2 4.58% |
|
Fixed-Rate Jumbo1 4-year term |
Min. to Open $100,000 |
Min. to Earn APY1 $100,000 |
Dividend 4.40% |
APY2 4.48% |
|
Fixed-Rate Jumbo1 5-year term |
Min. to Open $100,000 |
Min. to Earn APY1 $100,000 |
Dividend 4.30% |
APY2 4.37% |
|
Variable-Rate1 |
Min. to Open |
Min. to Earn APY2 |
Dividend |
APY2 |
|---|---|---|---|---|
|
1Early withdrawal penalties may apply. Rates subject to change without notice. Certificates will automatically renew upon maturity unless otherwise stipulated by the member. Variable Certificate Account dividends are compounded and paid quarterly on the first day of the next dividend period. Must establish membership with Lafayette Federal Credit Union, or be an existing member. $50 minimum balance required to open and earn 0.10% APY2 on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 0.025% APY2 on LFCU checking account balances. 2APY=Annual Percentage Yield. The rates and terms shown are effective as of September 1, 2024. |
||||
|
Variable-Rate1 18-month term |
Min. to Open $50 |
Min. to Earn APY2 $50 |
Dividend 4.30% |
APY2 4.37% |
|
Variable-Rate1 3-year term |
Min. to Open $50 |
Min. to Earn APY2 $50 |
Dividend 4.25% |
APY2 4.32% |
|
Variable-Rate1 5-year term |
Min. to Open $50 |
Min. to Earn APY2 $50 |
Dividend 4.00% |
APY2 4.06% |
Related resources
Explore our blog for tips, practical advice, and financial guides to help you achieve your goals today and tomorrow.
Toll Fee Scams: How scammers use fake messages to steal your data.
Toll fee text message scams are an increasingly common type of smishing technique designed to steal sensitive personal information and credit card numbers from unsuspecting drivers who might have recently used a popular or heavily traveled toll road. These scams typically involve text messages sent to the mobile phone of unsuspecting victims, warning them about…
Read more
Inside Banking Choices: Key differences between community banks and credit unions.
Consumers have a plethora of options when it comes to choosing a financial institution. The primary goal in making that choice should be to find a partner that can help them succeed in achieving their goals. Given the current landscape, it is essential to understand the differences between the types of institutions available. Among these…
Read more
Safeguard Your Money: How to recession-proof your savings.
Numbers and trends indicate the U.S. economy is currently in good shape: unemployment is low, the dollar is strong, inflation is down, the stock market is up, and the Federal Reserve just announced its intention to lower interest rates. Despite all of the recent good news, many Americans remain genuinely concerned about the state of…
Read moreThere’s even more to explore.
Certificates
Certificates are a great option if you’re looking to save for retirement, your child’s education, or a brighter future, all without worrying about changes in the market.
Money Market Accounts
Open a Money Market Account with a $2,500 deposit and reach your goals with no monthly or minimum balance fees. Grow your savings with higher dividends so you can achieve your dreams sooner than later.
Ready to open a savings account today?
Back to top 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.
