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Lafayette Federal will be closed Monday, January 21st for the Martin Luther King, Jr. holiday. Members may access Online Banking or contact our 24-hour Call Center at (301) 929-7990 or (800) 888-6560. X
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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.

Open Account

To open a Share Certificate, log into Online Banking.

Account Disclosures

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

Effective Jan 1, 2019

Account Min to Open Min to Earn APY* Dividend APY*
Share Savings $50 $50 0.10% 0.10%
Preferred Savings
Up to $19,999
$20,000+

$50
$20,000

$50
$20,000

0.20%
0.30%

0.20%
0.30%
Premier Savings**
1st $50,000
2nd $50,000
next $150,000.00
next $250,000.00 - $99,999,999.99

$50,000

$50,000

0.30%
0.40%
0.50%
0.75%

0.30%
0.30-0.35%
0.35-0.44%
0.44-0.75%
IRA Savings $50 n/a 0.75% 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 Jan 1, 2019

Fixed-Rate* Min to Open Min to Earn APY** Dividend APY**
7-month term*** $500 $500 1.75% 1.76%
1-year term $500 $500 2.00% 2.02%
2-year term $500 $500 2.25% 2.27%
3-year term $500 $500 2.50% 2.52%
4-year term $500 $500 2.75% 2.78%
5-year term $500 $500 3.00% 3.03%
*Early withdrawal penalties may apply. 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 0.025% APY** on Lafayette Federal checking account balances. **APY=Annual Percentage Yield. ***7-month term Fixed-Rate Certificates are not available as an IRA.

Variable-Rate Certificates

Effective Jan 1, 2019
Variable-Rate* Min to Open Min to Earn APY** Dividend APY**
18-month term $50 $50 1.65% 1.66%
3-year term $50 $50 1.85% 1.86%
5-year term $50 $50 2.35% 2.37%
*Early withdrawal penalties may apply. 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 0.025% APY** on Lafayette Federal checking account balances. **APY=Annual Percentage Yield.


Effective Jan 1, 2019

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 Jan 1, 2019

Min to Open Dividend APY*
$5** 0.025% 0.025%
*APY=Annual Percentage Yield.
**Plus cost of check style selected.

Have Questions? Just ask.
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Account Disclosures

  • Debit Card Transaction

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


    Safe, convenient, customizable

  • Holiday Loan 2018

    A Lafayette Federal Holiday Loan is the perfect way to cover your extra spending this season.

    Rates as low as 4.74% APR*

  • 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*