Check out the most recent Lafayette Federal Credit Union promotions, bonuses, and offers here.
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About Lafayette Federal Credit Union Promotions
Since 1935, Lafayette Federal Credit Union has provided their members with a safe and convenient place to bank with great bank bonuses, CD rates as well as bank rates. They are currently the 11th largest credit union in Maryland and now have 10 locations.
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 |
We will review the current Lafayette Federal Credit Union promotions below.
Lafayette Federal Credit Union $100 Checking Bonus (Expired)

Earn a $100 bonus when you sign up with Lafayette Credit Union!
Take advantage of the $100 Checking Bonus through the current Lafayette Federal Credit Union Promotions. Use promo code DD2022.
- What you’ll get: $100 bonus
- Account Type: Checking Account
- Availability: DC, MD, VA (Bank Locator)
- Direct Deposit Requirement: Yes, no minimum specified
- Credit Inquiry: Unknown
- ChexSystem: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $50, 6 months
- Household Limit: None listed
(Offer expires May 31, 2022)
For more advanced features in a checking account, compare this offer to Citigold® Checking Account (Up to $2000 Cash Bonus), U.S. Bank Platinum Checking ($400 Bonus), Huntington Platinum Perks CheckingSM ($300 Bonus), BMO Harris PremierTM Account ($500 Bonus), Fifth Third Preferred Checking ($375 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
How to Earn Bonus
- Members who open a checking account and initiate a qualified direct deposit to Lafayette Federal Credit Union will receive a $50 deposit to their savings account
- An additional $50 will be awarded after first direct deposit which must be deposited no later than 45 days after account opening
- Qualified direct deposit of at least $500 into a checking account on a month-to-month basis made by an outside organization or agency
- $50 minimum balance required to open
- Offer expires May 31, 2022.
- Members who open a checking account and initiate a qualified direct deposit to Lafayette Federal Credit Union will receive a $50 deposit to their savings account.
- An additional $50 will be awarded after first direct deposit which must be deposited no later than 45 days after account opening.
- Cannot be combined with any other new member offers.
- 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.
- Must be eligible for membership.
- If account is closed within first 6 months, initial $50 promotional deposit will be deducted from account.
- Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government.
- Lafayette Federal is an equal opportunity lender.
Lafayette Federal Credit Union $100 Checking Bonus (Expired)

Earn up to a total of $100 when you open an account.
Take advantage of the $100 Checking Bonus through the current Lafayette Federal Credit Union Promotions.
- What you’ll get: $100 bonus
- Account Type: Checking Account
- Availability: DC, MD, VA
- Direct Deposit Requirement: Yes, no minimum specified
- Credit Inquiry: Unknown
- ChexSystem: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: $50, 6 months
- Household Limit: None listed
(No expiration date listed)
You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $2000 Cash Bonus), BMO Harris Smart Money™ Account ($300 bonus), U.S. Bank Easy Checking ($400 bonus), Fifth Third Momentum® Checking ($375 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($300 bonus). |
How to Earn Bonus
- Start your membership off with a savings account
- Open a new Checking account and qualified direct deposit
- Earn a cool $50 when the accounts are opened
- They will give you another $50 when you make a direct deposit within 45 days of opening your account.
- Offer subject to change without notice.
- If the account is closed within the first 6 months, an initial $50 promotional deposit will be deducted from the account.
- Your savings federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government.
Lafayette Federal Credit Union $25 Referral Bonus

Lafayette Federal Credit Union $25 Referral Bonus
For residents of DC, MD, VA, Lafayette Federal Credit Union is offering you an opportunity to earn $25 Referral Bonus! Take advantage of this amazing opportunity while you can.
- What you’ll get: $25 bonus
- Account Type: Savings Account
- Availability: DC, MD, VA
(No expiration date listed)
For more advanced features in a checking account, compare this offer to Citigold® Checking Account (Up to $2000 Cash Bonus), U.S. Bank Platinum Checking ($400 Bonus), Huntington Platinum Perks CheckingSM ($300 Bonus), BMO Harris PremierTM Account ($500 Bonus), Fifth Third Preferred Checking ($375 Bonus), and TD Bank Beyond Checking ($300 Bonus). |
How to Earn Bonus
- Refer a friend or family member, and get $25 deposited into your savings account, and your referral’s savings account, after he or she joins the credit union.
- Refer as many people for membership as you like and earn up to $125
- Offer subject to change without notice.
- Cannot be combined with any other new member offers.
- Cash rebate to be deposited to Lafayette Federal Share Savings account within 14 days of account opening.
- Must be eligible for membership.
- $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 2.04% APY on LFCU checking account balances up to $25,000 and 0.025% APY on checking balances over $25,000.
- Please visit LFCU.ORG/2for22 for full checking account requirements.
How To Waive Monthly Fees
- Distinct Checking: None
- Business Basic Checking: $5 monthly fees, waived by meeting just one of the following criteria: (1) Maintain an average monthly checking balance of $500 or greater (2) Open a Lafayette Federal Business Credit Card or Line of Credit (3) Use one or more Lafayette Federal Business Service products (Remote Deposit Capture, ACH SmartPay, Paychex Payroll, or FirstData Merchant Services)
- Business Performance Checking: $20
- Money Market: None
Bottom Line
Lastly, Lafayette Federal Credit Union has a wide range of bonuses to better your banking experience. Additionally, with attractive features and benefits, banking has never been easier.
Feel free to comment and let us know about your experience. We value your feedback and will continue to keep you posted on the latest bank offers nationwide.
*Compare Lafayette Federal Credit Union Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
*Check back on this page for updated Lafayette Federal Credit Union promotions, bonuses, and offers.

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