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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.

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

Effective Jun 15, 2020

Account Min to Open Min to Earn APY* Dividend APY*
Share Savings $50 $50 0.10% 0.10%
IRA Savings $50 n/a 0.50% 0.50%
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 Jun 15, 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 Jul 1, 2020

Fixed-Rate* Min to Open Min to Earn APY** Dividend APY**
7-month term*** $500 $500 0.70% 0.70%
1-year term $500 $500 0.80% 0.80%
2-year term $500 $500 0.90% 0.90%
3-year term $500 $500 1.00% 1.01%
4-year term $500 $500 1.15% 1.16%
5-year term $500 $500 1.25% 1.26%
*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 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 LFCU checking account balances. **APY=Annual Percentage Yield. ***7-month term Fixed-Rate Certificates are not available as an IRA.

Variable-Rate Certificates

Effective Jul 1, 2020

Variable-Rate* Min to Open Min to Earn APY** Dividend APY**
18-month term $50 $50 0.75% 0.75%
3-year term $50 $50 0.90% 0.90%
5-year term $50 $50 1.10% 1.11%
*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 minimum balance required to open and earn 0.10% APY** on Lafayette Federal share savings account balances. $5 minimum balance required to open and earn0.025% APY** on LFCU checking account balances. **APY=Annual Percentage Yield.

Effective Jun 15, 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 Jul 1, 2020

Min to Open Dividend APY*
$5** 0.025% 0.025%
*APY=Annual Percentage Yield. **Plus cost of check style selected. Dividends are compounded and credited quarterly. 

Have Questions? Just ask.

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    Save $100s to $1,000s in Cash Rewards*

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