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Business Savings & Checking Rates
Effective Jun 15, 2020
| Account | Min to Open | Dividend | APY* |
|---|---|---|---|
| Share Savings Account | $50 | 0.10% | 0.10% |
| Basic Business Checking | $100 | n/a | n/a |
| Business Commercial Checking | $1,000 | 1.00% | 1.00% |
*APY=Annual Percentage Rate. 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 account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings.
Business Money Market Rates
Effective Jun 15, 2020
| Tier | Dividend | APY* |
|---|---|---|
| $0-$9,999 | 0.00% | 0.00% |
| $10,000-$99,999 | 0.05% | 0.05% |
| $100,000-$249,999 | 0.15% | 0.15% |
| $250,000+ | 0.30% | 0.30% |
*APY=Annual Percentage Rate. 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 account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings.
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Our members have access to Co-Op Network Shared Branches & ATMs for all basic transaction needs.
Access branches and ATMs nationwide
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Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.
Save $100s to $1,000s in Cash Rewards*
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Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.
Rates as low as 2.375% APR*
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