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Savings Accounts

Take advantage of greater rewards with growth-based savings.

Open an Account

Open an account

Please choose one of the following options:

Questions?

Speak with a local Member Service Representative

Call us: 1 (800) 888-6560

Representatives are available 24/7 to assist you.

Guaranteed gains on your money every quarter.

Automatically earn dividends every three months from the day you deposit to the day you withdraw.

Saving for your tomorrow.

We believe there’s more to saving money than where you choose to deposit your funds. It’s about getting results — for your finances, your well-being, and your future.

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Higher dividends

Grow your savings with one of the highest dividend rates we have to offer. With as little as $50, you can start earning dividends on the cash you deposit every quarter.

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Protected savings

No matter what happens, your deposits are always safe, secure, and insured up to $250,000 by the NCUA.

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Investment options

Get the most out of your dollars with retirement and education savings. Our IRA and Coverdell Education accounts are designed to help you look towards a brighter future.

We’ve got some great options for you.

Designed to help you save with confidence.

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Preferred Savings

Open your account with as little as $50 and make additional deposits anytime. Your funds earn more than they would in a share savings account. Plus, you get rewarded with higher dividends when your balance is $20,000 or more.

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Premier Savings

Your money has the highest potential for growth with our Premier Savings. With one of our highest rates and a minimum deposit of $50,000, your earnings grow as you deposit more.

Today’s rates

Discover the benefits of saving (and earning) with Lafayette Federal.

Preferred Savings Accounts

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 June 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%

Premier Savings Accounts

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 June 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%

Share Savings Accounts

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 June 1, 2024.

Min. to Open

$50

Min. to Earn APY1

$50

Dividend

0.10%

APY1

0.10%

Our members say the nicest things.

My Lafayette story started in 1994 when I first joined. I did not know what a credit union was about, but my company offered it as a benefit for my direct deposit paycheck. This allowed me to get my money a few days early. Over the years I have had mortgages, car loans, and been able to volunteer to improve the credit union. I have always been very happy with the customer service, even when I was across the country with no access to a branch.

Richard B. Member for 29 Years

Ready to open an account?

Get started online
Open an Account

Open an account

Please choose one of the following options:

Questions?

Speak with a local Member Service Representative

Call us: 1 (800) 888-6560

Representatives are available 24/7 to assist you.

Stop by one of our branches
Find your closest branch
Get in touch
Contact us

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.