Get More From Your Paycheck
Earn a $100 cash bonus² and get paid up to 2 days early.³
Paydays Are Better at Lafayette Federal
You work hard for your paycheck, make it go even further with direct deposit, Early Pay, and checking account features to help you manage your money with confidence.
Switch in Minutes
Connect with over 17,000 payroll providers directly in the portal, no paperwork needed
2 Day Early Pay²
Access your paycheck up to 2 days before your scheduled payday
Secure
Your information is protected via encryption and 2-factor authentication
Hassle-Free Paydays
Skip paper checks and manual deposits; your paycheck is deposited automatically
How to Switch Your Paycheck with Direct Deposit
Already have a Lafayette Federal Checking Account? Follow these simple steps to switch your paycheck and earn your $100 bonus.²
Log into Online Banking
Access Online Banking from your desktop or mobile browser.
Need your account number? Select your checking account, then tap Account Info to securely view your account details.
Open the Menu
Select the menu icon in the upper-left corner to access additional banking tools.
Select “More”
Tap More to find the Set Up or Move My Paycheck switch tool.
Follow the Prompts and Earn Your $100 Bonus²
Select Set Up or Move My Paycheck and follow the prompts to connect with your payroll provider. Once your direct deposit is established, you’ll earn your $100 bonus within 90 days of meeting the offer requirements.²
Don’t Have a Lafayette Federal Checking Account?
Open a Checking Account and unlock the benefits that make everyday banking better; flexible access to your money, convenient Online & Mobile Banking, and features like 2-day Early Pay.³
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Balance |
Min. to Open |
Dividend |
APY1 |
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¹APY=Annual Percentage Yield. ²Plus cost of check style selected. Dividends are compounded and paid monthly on the first day of the next dividend period. Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government. The rates and terms shown are effective as of September 23, 2026. |
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Balance All Balances |
Min. to Open $5 2 |
Dividend 0.025% |
APY1 0.025% |
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Balance |
Min. to Open |
Dividend |
APY1 |
Online & Mobile Banking
Manage your money wherever you go. Check balances, transfer funds, pay bills, and monitor your accounts from your computer or mobile device.
Frequently Asked Questions
Have some questions before setting up direct deposit? See our most commonly asked questions below.
To set up direct deposit simply log into the web version of your Lafayette Federal online banking account, input your login credentials through our secure online banking platform, navigate to More > Direct Deposit, and let our tool do the rest.
The system provides feedback during the process—either confirming success or showing an error. If there’s an error, it may prompt you to fill out a manual form.
Switching a direct deposit means updating where your paycheck is sent. Instead of pay going to the previous bank account, it will be deposited into the new account. This change is handled directly with your employer’s payroll system, so you do not have to track down forms or contact human resources.
Typically, it takes about one to two pay cycles. If the request is submitted near the end of a pay cycle, it usually takes just one cycle. However, in some cases, your HR department may need to approve the change, which could delay it to the second pay cycle.
No. Our tool communicates directly with the payroll system of your employer, so there is no need to fill out paper forms or reach out to human resources separately.
In most cases, the updated direct deposit will be active within 1 – 2 pay cycles. The exact timing depends on your employer’s payroll cutoff dates. If the change is submitted after a cutoff, it may not take effect until the following cycle.
The direct deposit can be updated at any time by going through the setup flow again.
Early Pay is a convenient, free service that gives members access to their paycheck up to two days before their regular payday — just for having direct deposit set up with us!
Here’s how it works: Most employers and government agencies send payroll files in advance of the actual payday. As soon as we receive the notification of an incoming direct deposit, we’ll credit member accounts — often up to 48 hours ahead of schedule. That means more flexibility with members’ money, earlier access to the funds they’ve earned, and less stress when it comes to things like paying bills or covering day-to-day expenses.
Direct deposit allows you to earn dividends on your funds immediately and you don’t have to drive to the branches to deposit. Also, members who use direct deposit may be eligible to receive a discount on certain products:
- Mortgage loans
- Consumer loans
- FREE Online Bill Pay
Not finding what you’re looking for? Contact us
Members Love Banking at Lafayette Federal
I joined LFCU in 1976, upon coming to USAID, and was fortunate to win the top door prize in the first annual meeting I attended, in 1977. Since draft accounts were first offered in 1981, I direct deposited my salary check until I retired, and we now have our annuities direct deposited. Our daughter still uses the account we opened for her as a six-year-old for direct deposit of her salary, and we have established savings accounts for our granddaughters to help them develop values of thrift and deferred gratification. We look forward to LFCU continuing to effectively provide for our financial services needs throughout our retirement.
Kenneth M.Member
Contact Us
Call 301-929-7990
Email membership@lfcu.org
Disclosures
²Lafayette Federal membership is required. Offer not available to existing Lafayette Federal members with previously established direct deposit. You can receive only one direct deposit related bonus per membership. Offer is good for one-time use per membership. Offer is valid through December 31, 2026. Member must set up and maintain at least one (1) qualified direct deposit (QDD) 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 or savings account on a month-to-month basis made by an outside organization or agency. $100 will be deposited within 90 days of verification of member’s initial QDD. $50 minimum balance required to open and earn 0.10% APY (Annual Percentage Yield) on LFCU share savings account balances. Your savings are federally insured up to $250,000 by the National Credit Union Administration, an agency of the U.S. government.
³Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer and standard fraud prevention screening. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date. Early access is available for personal accounts only, and is offered at the discretion of the Credit Union. We reserve the right to cancel the service at any time without notice. Dividends will begin to accrue on the day early pay funds are received.
