Lafayette Federal Credit Union

Overview / Commentary
3535 University Blvd W
Kensington, MD 20895-1701

Lafayette Federal Credit Union is headquartered in Rockville and is the 11th largest credit union in the state of Maryland. It is also the 499th largest credit union in the nation. It was established in 1935 and as of June of 2019, it had grown to 101 employees and 20,706 members at 10 locations. Lafayette Federal Credit Union's CD rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Lafayette Federal Credit Union is open to residents of Maryland, Virginia, or Washington, D.C. by joining the American Consumer Council (can join through the Credit Union's online application). Membership is also open to those who live or work in the Potomac, Maryland area; live, work, worship, or attend school in Washington, D.C.; or are employed by any of nearly 200 Select Employer Groups.
See current membership details

Reviews (1)

Training At The Bank

Posted by: Anonymous | Sep 29, 2011

It would be great if the tellers were trained adequately and soundly. This is not the case--investing in human capital pays in the long run because customers will stay.


Health Grade Components

NCUA #619
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD0.17%
Return on Equity - YTD2%
Annual Interest Income$12.5MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$601.8MM$496.8MM
LoansQ2 2019vs Q2 2018$511.7MM$425.9MM
DepositsQ2 2019vs Q2 2018$502.1MM$417.6MM
Equity CapitalQ2 2019vs Q2 2018$49.0MM$47.6MM
Secondary CapitalQ2 2019vs Q2 2018$7.5MM
Loan Loss AllowanceQ2 2019vs Q2 2018$2.9MM$2.7MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$6.9MM$8.4MM
Real Estate OwnedQ2 2019vs Q2 2018$683.00K$551.00K
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Always verify rates and promotions with the bank or credit union. We are not Lafayette Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lafayette Federal Credit Union Savings Account Rates

0.75%*$250k*$100mPremier Savings
OTHER TIERS: 0.30% $50k - $100k | 0.40% $100k - $150k | 0.50% $150k - $250k
0.75%--IRA Savings
0.30%*$20k*-Preferred Savings
OTHER TIERS: 0.20% $50 - $20k
0.10%$50-Business Share Savings
0.10%$50-Share Savings

Lafayette Federal Credit Union Money Market Rates

0.30%*$250k*-Business Money Market
OTHER TIERS: 0.05% $10k - $100k | 0.15% $100k - $250k
0.30%*$150k*-Personal Money Market
OTHER TIERS: 0.05% $2.5k - $25k | 0.15% $25k - $150k

Lafayette Federal Credit Union Checking Account Rates

3.03%*-$3kRelationship Checking Account
OTHER TIERS: 0.03% $3k+
1.00%--Business Commercial Checking

Lafayette Federal Credit Union CD Rates

3.03%$500-5 Year Fixed CD
2.78%$500-4 Year Fixed CD
2.52%$500-3 Year Fixed CD
2.37%$50-5 Year Variable CD
2.27%$500-2 Year Fixed CD
2.02%$500-1 Year Fixed CD
1.86%$50-3 Year Variable CD
1.76%$500-7 Month Fixed CD
1.66%$50-18 Month Variable CD

Lafayette Federal Credit Union IRA Rates

3.03%$500-5 Year Fixed IRA
2.78%$500-4 Year Fixed IRA
2.52%$500-3 Year Fixed IRA
2.37%$50-5 Year Variable IRA
2.27%$500-2 Year Fixed IRA
2.02%$500-1 Year Fixed IRA
1.86%$50-3 Year Variable IRA
1.66%$50-18 Month Variable IRA

Cities: Arlington, Falls Church, KENSINGTON, Mclean, POTOMAC, Rockville, WASHINGTON

Arlington Branches
Branch Office2231 Crystal Dr Suiyte R150Arlington, VA 22202-3711

Falls Church Branches
Branch Office3141 Fairview Park Dr Suite 107Falls Church, VA 22042

Branch Office3535 UNIVERSITY BLVD WKENSINGTON, MD 20895-1701

Mclean Branches
Branch Office6701 Lowell AveMclean, VA 22101

POTOMAC Branches
Branch Office7901 TUCKERMAN LnPOTOMAC, MD 20854-3243

Rockville Branches
Corporate Office2701 Tower Oaks BlvdRockville, MD 20852
Branch Office2701 Tower Oaks BlvdRockville, MD 20852

Branch OfficeRoom c 1-80 1300 PENNSYLVANIA AVENUE, NWWASHINGTON, DC 20523-0001
Branch Office409 3RD ST SW STE 105 SUITE 105WASHINGTON, DC 20024-3215
Branch Office1381 KENYON ST NWWASHINGTON, DC 20010-2305

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