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 AccountTo open a Share Certificate, log into Online Banking.
Choose from a variety of savings and checking accounts to meet your needs and goals.
Effective Mar 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 Mar 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 Mar 1, 2019
*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.
| 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 Mar 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.
**Plus the cost of checks.
Effective Mar 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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Open a 2.68% APY*** 24-Month IRA Certificate* today and get up to $150 in cash offers!**
Offer ends April 15th!
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Routing #: 254074811
Routing #: 254074811
Branch Locations
Maryland
Kensington, MD 20895
Potomac, MD 20854
Rockville, MD 20852
Virginia
Falls Church, VA 22042
Crystal City, VA 22202
McLean, VA 22101