Available nationwide, Lafayette Federal Credit Union Premier Savings is offering a competitive up to 4.52% APY Rate, which is 20x the national average. Continue reading below to learn everything you need to know about Lafayette Federal Credit Union.
About Lafayette Federal Credit Union Premier Savings
Headquartered in Rockville, Lafayette Federal Credit Union is the 6th largest credit union in the state of Maryland and the 283rd largest credit union in the nation. Established in 1935, it had grown to 159 employees and 55,022 members at 8 locations. Lafayette Federal Credit Union’s savings rates are 6X the national average, and it boasts an A+ health rating.
|Eligibility: Membership in Lafayette Federal Credit Union is open to anyone who joins the Home Ownership Financial Literacy Council ($10 fee). Residents of Maryland, Virginia, or Washington, D.C. who belong to the American Consumer Council (can join through the Credit Union’s online application) are eligible to join. Also eligible are 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|
I’ll review Lafayette Federal Credit Union Premier Savings below.
|next $250,000.00 – $99,999,999.99||4.52%|
Lafayette Federal Credit Union Premier Savings Rate
To earn Lafayette Federal Credit Union’s competitive rate, you don’t need a minimum balance. Just open the account with any amount and you’ll get to enjoy earning a high rate on all balances.
- Account Type: Premier Savings
- Interest Rate: Up to 4.52% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Opening Deposit: $50
- Monthly Fee: None listed
- Early Termination Fee: None listed, check with CSR
Lafayette Federal Credit Union ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with Lafayette Federal Credit Union’s ACH capabilities.
How to Earn Lafayette Federal Credit Union Bank Rate
- Visit the Lafayette Federal Credit Union page and open an account with as little as $50
- Fund the account
- Earn up to 4.52% APY and gain access with all of their features.
Why You Should Sign Up For This Account
- Several ways to be eligible
- Extensive network of surcharge-free ATMs nationwide
- Free 24/7 online banking
Check out Lafayette Federal Credit Union and open a Premier Savings account with this rate. The fact that you can earn a high rate on any balance makes this Savings Account worth looking into. Let us know about your experience with this bank and comment below.
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