facebook pixel Skip to main content

Google PlayApple Store
Serving members worldwide since 1935.

Dividend Rates

  • Savings Accounts
  • Share Certificates
  • Money Market Accounts
  • Checking Accounts

Put your money to work at your credit union.

Account Disclosures Opens in New Window

Choose from a variety of savings and checking accounts to meet your needs and goals.

Effective Mar 1, 2020

Account Min to Open Min to Earn APY* Dividend APY*
Share Savings $50 $50 0.10% 0.10%
IRA Savings $50 n/a 0.75% 0.75%
Preferred Savings up to $19,999 $50 $50 0.20% 0.20%
Preferred Savings $20,000+ $20,000 $20,000 0.30% 0.30%
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. *APY=Annual Percentage Yield.

Premier Savings

Effective Mar 1, 2020

Balance Minimum to Open Dividend APY*
1st $50,000 $50,000 0.30% 0.30%
2nd $50,000 0.40% 0.30-0.35%
next $150,000 0.50% 0.35-0.44%
next $250,000.00 - $99,999,999.99 0.75% 0.44-0.75%
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.*APY=Annual Percentage Yield.**The 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.

Fixed-Rate Certificates

Effective Mar 9, 2020

Fixed-Rate* Min to Open Min to Earn APY** Dividend APY**
7-month term*** $500 $500 1.50% 1.51%
1-year term $500 $500 1.60% 1.61%
2-year term $500 $500 1.70% 1.71%
3-year term $500 $500 1.80% 1.82%
4-year term $500 $500 1.90% 1.92%
5-year term $500 $500 2.00% 2.02%
*Early 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. $50.00 minimum balance required to open and earn 0.10% APY** on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 3.03% APY** on LFCU checking account balances up to $3,000 and 0.025% APY** on checking balances over $3,000. Please visit LFCU.ORG/BIG3 for full checking account requirements. **APY=Annual Percentage Yield. ***7-month term Fixed-Rate Certificates are not available as an IRA.

Variable-Rate Certificates

Effective Mar 9, 2020

Variable-Rate* Min to Open Min to Earn APY** Dividend APY**
18-month term $50 $50 1.40% 1.41%
3-year term $50 $50 1.60% 1.61%
5-year term $50 $50 1.80% 1.82%
*Early 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. $50.00 minimum balance required to open and earn 0.10% APY** on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn 3.03% APY** on LFCU checking account balances up to $3,000 and 0.025% APY** on checking balances over $3,000. Please visit LFCU.ORG/BIG3 for full checking account requirements.**APY=Annual Percentage Yield.

Effective Mar 1, 2020

Tier Min to Open Dividend APY*
0-$2,499 $2,500** 0.00% 0.00%
$2,500-$24,999 0.05% 0.05%
$25,000-$149,999 0.15% 0.15%
$150,000+ 0.30% 0.30%
*APY=Annual Percentage Yield.
**Plus the cost of checks.

Effective Mar 1, 2020

Min to Open Min to Earn APY* Dividend APY*
$5** Up to $3,000 3.00% 3.03%***
$5** $3,000+ 0.025% 0.025%
*APY=Annual Percentage Yield. **Plus cost of check style selected. ***Business Checking Accounts are excluded from 3.03% APY*. Dividends are compounded and credited quarterly. To earn the 3.03% APY* dividend rate, member will be obligated to continue to receive their statement electronically (no paper statements will be mailed), sign in to online banking at least once per month, maintain at least one (1) qualified direct deposit of at least $500 per month, and complete at least five (5) debit card point of sale transactions 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 account on a month-to-month basis made by an outside organization or agency.

Have Questions? Just ask.

Account DisclosuresOpens in New Window

  • 3.03% Checking Mini Ad

    We're rewarding you with our bigger, better, bolder 3.03% APY2 Relationship Checking Account!

    Big banks can't compete.

  • Home Advantage Family on porch

    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*

  • Woman in New Car

    Dreaming of a new ride? Let us finance your next new, used, or fuel-efficient vehicle.

    Rates as low as 2.375% APR*