Lafayette Federal Credit Union CD Rates: 4.32% APY 12-Month, 4.11% APY 24-Month (Nationwide)

Find the latest Lafayette Federal Credit Union CD Rates, Offers, and Promotions here.

Update 11/6/24: Rates have slightly decreased. The longer maturity terms are appealing offering highly competitive rates!

Best CD Rates: 4.32% APY 12-Month, 4.11% APY 24-Month, $500 minimum deposit.

Availability: Nationwide, easy membership requirement. Join with $10 fee to HOFLC.

Credit Inquiry: Soft Pull

About Lafayette Federal Credit Union 

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.

Lafayette Federal Credit Union offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you. You can fund your account via ACH, wire transfer, or by check.

Regular CDs 

Jumbo CDs 

*The above rates are accurate as of 11/6/2024*

Lafayette Federal Credit Union CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make. The interest is compounded and credited quarterly which may be withdrawn at any time.

With as little as $500 regular term CD, you can invest in a Lafayette Federal Credit Union CD account to maximize your earnings. However, $100K minimum if you want to go for higher rate with Jumbo CDs. Compare their offering now to find the solutions that fit best with your savings goals. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.

• Minimum deposit: $100K
• Maximum deposit: None
• Early withdrawal penalty:
  • 1-year jumbo, 180 days of dividends
  • 2-year jumbo, 270 days of dividends
  • 3-year jumbo, 360 days of dividends
  • 4-year jumbo, 480 days of dividends
  • 5-year jumbo, 600 days of dividends

(NCUA Insured)

Lafayette Federal Credit Union CD Features

• Unlimited number of beneficiaries
• Low minimum balance requirement
• Competitive rates on all CD terms
• Free online and mobile banking
• Insured by the NCUA up to the maximum allowed by law

Bottom Line

With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. Take advantage of a low required minimum balance of just $500.

Once your funds have matured, you can get it back by cashier’s check or transferred into another Lafayette FCU account. They will give you a ten calendar days grace period before before automatic renewal.

This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.

This is a great opportunity to invest in a high-interest CD from Lafayette Federal Credit Union. However, you may want to compare them with our best CD Rates:

• 6-Month CD Rates
• 9-Month CD Rates
• 12-Month CD Rates
• 18-Month CD Rates
• 24-Month CD Rates
• 36-Month CD Rates
• 48-Month CD Rates
• 60-Month CD Rates
• No Penalty CD Rates

You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Lafayette Federal Credit Union CD rates!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.