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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 Jan 1, 2021

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 Jan 1, 2021

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 Jan 1, 2021

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 Jan 1, 2021

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 Jan 1, 2021

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, 2021

Balance Min to Open Dividend APY*
All Balances $5** 0.025% 0.025%
$0 - $25,000 $5** 1.00% Bonus*** 1.00% Bonus***
*APY=Annual Percentage Yield. **Plus cost of check style selected. ***The bonus dividend rate of 1.00% APY is for primary checking balances up to $25,000, and is in addition to the base rate of 0.025% APY. Business Checking Accounts are excluded. To earn the 1.00% APY² bonus rate, member must maintain at least one (1) qualified direct deposit of at least $500 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. Dividends are compounded and credited quarterly.

Have Questions? Just ask.

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  • Holiday Loan 2021

    Wrap your holiday expenses into a great-rate Lafayette Federal Holiday Loan!

    Rates as low as 4.74% APR*

  • 1% Checking

    Enjoy our 1.00% APY² Checking Account Bonus — earn an outstanding rate with simple terms.

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  • atm-cash-withdrawal

    Our members have access to Co-Op Network Shared Branches & ATMs for all basic transaction needs.

    Access branches and ATMs nationwide