LAFCU
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.11% | 5-year CD | 60 Month HSA Certificate 2.25% - Ally Bank High Yield 5 Year CD |
| 1.00% | 1-year CD | 12 Month HSA Certificate 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.05% | Savings | Special Purpose 1.20% - Ally Bank Online Savings Account |
LAFCU is headquartered in Lansing and is the 20th largest credit union in the state of Michigan. It is also the 425th largest credit union in the nation. It was established in 1936 and as of June of 2017, it had grown to 117 employees and 59,614 members at 9 locations. LAFCU's CD rates are 22% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Barry, Clinton, Calhoun, Gratiot, Eaton, Ingham, Jackson, Ionia, Livingston, Montcalm, or Shiawassee counties.
See current membership details
LAFCU is My Credit Union for my life!
I have been banking with LAFCU for 15 years, almost half my lifetime. I enjoy banking with them, I have financed three cars through LAFCU, I have taken out numerous personal loans too. I love walking in and after more than a decade people remember me and call me by name.
There was a time in my life when I paid for my car with a jar of change, I has two jobs and struggled. The employees saw my struggle ad knew how hard I was trying in life. They never gave me a hard time about the change I used to pay my bill.
I am so thankful for them.
LAFCU has made it possible for me to raise my credit score and I even started an account for my oldest daughter, soon enough my baby will have an account there too.
I appreciate being appreciated and being treated like a person and not an account.
My older daughter already has plans to finance her first car with LAFCU in order to build her credit too.
I do not plan on leaving LAFCU . I am very happy with my treatment there and the service I have received for the past 15 years.
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68632 |
| Year Chartered | 1936 |
| Employees | 117 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.4% |
| Return on Equity - YTD | 3.58% |
| Annual Interest Income | $10.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $653.4MM$628.6MM |
| Loans | Q2 2017vs Q2 2016 | $384.1MM$377.1MM |
| Deposits | Q2 2017vs Q2 2016 | $571.5MM$548.1MM |
| Equity Capital | Q2 2017vs Q2 2016 | $73.2MM$72.3MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $3.4MM$3.4MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $2.6MM$3.8MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $394.00K$690.00K |
Always verify rates and promotions with the bank or credit union. We are not LAFCU; 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.
LAFCU Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $100k* | - | Savings | ||
| OTHER TIERS: 0.05% → $100 - $5k | 0.10% → $5k - $20k | 0.15% → $20k - $100k | |||||
| 0.20%* | $100k* | - | Youth Savings | ||
| OTHER TIERS: 0.05% → Up to $5k | 0.10% → $5k - $20k | 0.15% → $20k - $100k | |||||
| 0.05% | - | - | Holiday Club | ||
| 0.05% | - | - | Bill Pay Plus | ||
| 0.05% | - | - | Loan Transfer | ||
| 0.05% | - | - | Special Purpose | ||
LAFCU Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.32%* | $100k* | - | IRA Money Market Account | ||
| OTHER TIERS: 0.20% → Up to $5k | 0.25% → $5k - $20k | 0.30% → $20k - $100k | |||||
| 0.32%* | $100k* | - | HSA Money Market Account | ||
| OTHER TIERS: 0.20% → Up to $5k | 0.25% → $5k - $20k | 0.30% → $20k - $100k | |||||
| 0.32%* | $150k* | - | Money Market Account | ||
| OTHER TIERS: 0.20% → $2,500 - $20k | 0.25% → $20k - $100k | 0.30% → $100k - $150k | |||||
LAFCU Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $10k* | - | Checking | ||
| OTHER TIERS: 0.05% → $2,500 - $10k | |||||
LAFCU CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.15% | $10k | - | 60 Month Jumbo Term Share Certificate | |
| 2.15% | $10k | - | 60 Month Jumbo HSA Certificate | |
| 2.11% | $500 | - | 60 Month Term Share Certificate | |
| 2.11% | $500 | - | 60 Month HSA Certificate | |
| 1.90% | $10k | - | 48 Month Jumbo Term Share Certificate | |
| 1.90% | $10k | - | 48 Month Jumbo HSA Certificate | |
| 1.80% | $500 | - | 48 Month Term Share Certificate | |
| 1.80% | $500 | - | 48 Month HSA Certificate | |
| 1.60% | $10k | - | 36 Month Jumbo Term Share Certificate | |
| 1.60% | $10k | - | 36 Month Jumbo HSA Certificate | |
| 1.50% | $500 | - | 36 Month Term Share Certificate | |
| 1.50% | $500 | - | 36 Month HSA Certificate | |
| 1.35% | $10k | - | 24 Month Jumbo Term Share Certificate | |
| 1.35% | $10k | - | 24 Month Jumbo HSA Certificate | |
| 1.25% | $500 | - | 24 Month Term Share Certificate | |
| 1.25% | $500 | - | 24 Month HSA Certificate | |
| 1.10% | $10k | - | 12 Month Jumbo Term Share Certificate | |
| 1.10% | $10k | - | 12 Month Jumbo HSA Certificate | |
| 1.00% | $500 | - | 12 Month Term Share Certificate | |
| 1.00% | $500 | - | 12 Month HSA Certificate | |
| 1.00% | $50 | - | 12 Month Youth Share Certificate | |
| 0.40% | $500 | - | 6 Month Term Share Certificate | |
| 0.40% | $500 | - | 6 Month HSA Certificate | |
| 0.25% | $500 | - | 3 Month Term Share Certificate | |
| 0.25% | $500 | - | 3 Month HSA Certificate |
LAFCU IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.15% | $10k | - | 60 Month Jumbo IRA | |
| 2.11% | $500 | - | 60 Month IRA | |
| 1.90% | $10k | - | 48 Month Jumbo IRA | |
| 1.80% | $500 | - | 48 Month IRA | |
| 1.60% | $10k | - | 36 Month Jumbo IRA | |
| 1.50% | $500 | - | 36 Month IRA | |
| 1.35% | $10k | - | 24 Month Jumbo IRA | |
| 1.25% | $500 | - | 24 Month IRA | |
| 1.10% | $10k | - | 12 Month Jumbo IRA | |
| 1.00% | $500 | - | 12 Month IRA | |
| 0.40% | $500 | - | 6 Month IRA | |
| 0.25% | $500 | - | 3 Month IRA |
| LAFCU Locations | ||
|---|---|---|
| Branch Office | 1720 W M 21 | Owosso, MI 48867 |
| Branch Office | 1553 Lansing Rd | Charlotte, MI 48813 |
| Branch Office | 12850 S US HIGHWAY 27 | Dewitt, MI 48820-8387 |
| Branch Office | 750 N Cedar St | Mason, MI 48854 |
| Branch Office | 1505 Kyle St | Eaton Rapids, MI 48827 |
| Branch Office | 2665 E M 21 | Corunna, MI 48817 |
| Branch Office | 106 N Marketplace Blvd | Lansing, MI 48917-7753 |
| Branch Office | 1121 Keystone Ave | Lansing, MI 48911 |
| Branch Office | 2317 S US Highway 27 | Saint Johns, MI 48879 |