Find the latest listing of Lafayette Federal Credit Union promotions, bonuses, and offers here.
Typical offers include their up to $750 Bonus for opening checking, savings, credit card, and loan with Lafayette Federal Credit Union.
Lafayette Federal Credit Union Promotions Review
Lafayette Federal Credit Union, is a credit union headquartered in Rockville, Maryland, chartered and regulated under the authority of the National Credit Union Administration of the U.S. Federal government.
Eligibility: 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. For more information on eligibility requirements please check out their full list of membership requirements. |
I’ll go over Lafayette Federal Credit Union offers below.
Lafayette Federal Credit Union $150 Checking Bonus
- What you’ll get: $150 bonus (up to $750)
- Availability: D.C., MD, VA (Bank Locator)
- Direct Deposit Requirement: Yes, $500+
- Credit Inquiry: Soft Pull
- Monthly Fees: None
- Early Termination Fee: None listed, check with CSR for more information
- How to earn it:
- $150 Checking & Savings bonuses:
- $100 when you open a Lafayette Federal Checking Account and establish Qualified Direct Deposit
- $50 when you open a Lafayette Federal Preferred or Premier Savings with $10,000+
- Plus these other offers:
- $50 when you open a Lafayette Federal Credit Card
- $50 when you open a Lafayette Federal Share Certificate with $10,000+
- $500 closing cost credit towards a Lafayette Federal Mortgage Loan
- $150 Checking & Savings bonuses:
(Limited time offer)
U.S. Bank Smartly® Checking ($700 Bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Preferred Checking ($200 Bonus) | Truist Checking ($400 bonus) |
Fine Print
- Offer subject to change without notice.
- Cannot be combined with any other new member offers.
- Members who have received previous new member/direct deposit promotions in the past 12 months do not qualify.
- Business accounts are excluded from offer.
- Membership eligibility required.
- Must first set up Checking/Qualified Direct Deposit to be eligible for the remaining incentive money.
- Members who open a Checking Account and Qualified Direct Deposit will receive a $100 deposit to their Checking Account.
- If account is closed within first 6 months, promotional deposit will be deducted from account.
- Qualified Direct Deposit is a recurring direct deposit of a paycheck, pension, Social Security or other periodic income payment of at least $500 into a Savings or Checking Account on a month-to-month basis made by an outside organization or agency.
- Members who open a Credit Card no later than 60 days after account opening will receive a $50 deposit to their Checking Account.
- Members who open a Share Certificate no later than 60 days after account opening will receive a $50 deposit to their Checking Account.
- Members who open a Preferred or Premier Savings Account no later than 60 days after account opening will receive a $50 deposit to their Checking Account.
- Members who fund a Mortgage Loan no later than 6 months after account opening will receive a $500 closing credit towards their Mortgage Loan.
- $50 minimum balance required to open and earn 0.10% APY (APY = Annual Percentage Yield) 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 Account balances over $25,000.
- Please visit LFCU.ORG/2FOR22 for full Checking Account requirements.
- Rates current as of January 1, 2023 and subject to change without notice.
- 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.
- LFCU NMLS #464425
Lafayette Federal Credit Union $100 Checking Savings Bonus
- What you’ll get: $100 bonus
- Where it’s available: D.C., MD, VA
- How to earn it:
- 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.
- When it expires: None
(No expiration date listed)
U.S. Bank Smartly® Checking ($700 Bonus) | Chase Total Checking ($300 Bonus) |
Truist Checking ($400 bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Momentum® Checking ($200 Bonus) | SoFi Checking and Savings Account ($325 Bonus) |
Lafayette Federal Credit Union $25 Referral Bonus
- What you’ll get: $25 bonus
- Where it’s available: D.C., MD, VA
- How to earn it:
- 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
- When it expires: None
(No expiration date listed)
Chase Business Complete Checking® ($300 Bonus) | U.S. Bank Business Checking ($350 or $800 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Huntington Business Checking 100 ($200 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
Axos Bank Business Interest Checking ($400 Bonus) | Live Oak Bank Business Savings ($300 Bonus) |
How to Avoid 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
Author’s Verdict
To summarize, Lafayette Federal Credit Union has some of the best promotions, bonuses, and offers. With digital services, you can be sure to maximize on your savings all the time.
For more current offers, check out our bank bonuses page. Compare Lafayette Federal Credit Union rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Smartly® Checking | $400 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $800 Cash | Review |
U.S. Bank Business Checking | $350 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
KeyBank Checking | $200 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $275 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $200 Cash | Review |
Axos Bank Rewards Checking | $300 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
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