Skip to main content
Google PlayApple Store
Serving members worldwide since 1935.

SHARE CERTIFICATES

  • Fixed and variable certificate options
  • Terms up to 5 years
  • Competitive rates

Hold your share accounts for specific terms in exchange for higher dividends!

Open a Certificate

Full Rate Details
Account Disclosures

Grow your savings without taking on much risk with a share certificate:

Variable Rate Certificate Accounts

Variable Rate Certificate accounts are share accounts that are held for specific terms, in exchange for higher dividend rates. There are penalties for withdrawal before the end of the term, but you can make additional deposits in any amount at any time. We offer:

  • Very competitive variable rates
  • 18-month, 3- and 5-year terms
  • A $50 minimum balance

Fixed Rate Certificate Accounts

We offer five-year, four-year, three-year, two-year, one-year or, for a limited time, a seven-month fixed rate certificate account at a very competitive rate. Fixed Rate certificate accounts are held for specific terms, in exchange for higher dividend rates. There are penalties for withdrawal before the end of the term. We offer:

  • Very competitive rates
  • Five-year, four-year, three-year, two-year, one-year or seven-month term
  • A $500 minimum balance

IRA Certificates

We offer variable and fixed rate IRA certificates with the same features as above. The only difference is that these certificates are used to save for an IRA.

Effective Oct 1, 2017

Fixed-Rate Min to Open Min to Earn APY* Dividend APY*
7-month term** $500 $500 0.40% 0.40%
1-year term $500 $500 0.65% 0.65%
2-year term $500 $500 1.00% 1.00%
3-year term $500 $500 1.25% 1.26%
4-year term $500 $500 1.75% 1.76%
5-year term $500 $500 2.00% 2.01%
*APY=Annual Percentage Yield. 

Effective Oct 1, 2017

Variable-Rate Min to Open Min to Earn APY* Dividend APY*
18-month term $50 $50 0.75% 0.75%
3-year term $50 $50 1.00% 1.01%
5-year term $50 $50 1.75% 1.76%
*APY=Annual Percentage Yield. Variable Certificate Account dividends are compounded and paid quarterly on the first day of the next dividend period. A penalty may apply if the certificate is redeemed prior to maturity. Certificates will automatically renew upon maturity unless otherwise stipulated by the member.
**7-month term Fixed-Rate Certificates are not available as an IRA.

1. Log into Online Banking

2. Click the "Access Accounts" tab

3. Select the "Open a Sub-Account" option

4. Select the certificate term and follow the onscreen steps

Applying for new membership? You can request a certificate with your Membership Application.


Have Questions? Just ask.
Open a Certificate

Full Rate Details
Account Disclosures

  • Holiday Mortgage 2017

    Apply for a Lafayette Federal mortgage loan by December 31st and we’ll give you TWO gifts!

    Let us grant your first holiday wish
  • Debit Card Transaction

    Stop carrying around cash and upgrade to a Mastercard® Credit Card.


    Safe, convenient, customizable

  • First Trust Mortgages

    If you're buying a home or just looking to refinance and lower your rate, you’ll enjoy a quick and easy process.

    Rates as low as 3.043% APR*