Rockville, MD 20852


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 619
Date Established 1935
Assets $558.79 million
Loans $492.10 million
Deposits $486.98 million
Capital $48.14 million

Lafayette is an NCUA insured institution located in Rockville, MD. It was founded in 1935 and has approximately $558.79 millions in assets.

Who can join?

You may be eligible to open an account at Lafayette FCU if you:

• are employed by an agency or company within LFCU's approved field of membership
• live or work in the Potomac, MD. area
• live, work, worship or attend school in Washington, D.C.
• are an immediate family member of a current LFCU member
• live in Maryland, Washington, D.C. or Virginia and are an existing member or become a member of the American Consumer Council (ACC)

Field of Membership Restrictions

Membership is open to anyone living in Maryland, Washington, D.C. or Virginia through 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, MD. area; live, work, worship or attend school in Washington, D.C. or employed by an agency or company in the approved field of membership.

Deposit Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.05% $2,500 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $149,999 Learn MoreShow Less
Fixed IRA
2.02% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
12 Mo CD
2.02% $500 - Learn MoreShow Less
24 Mo CD
2.27% $500 - Learn MoreShow Less
36 Mo CD
2.52% $500 - Learn MoreShow Less
48 Mo CD
2.78% $500 - Learn MoreShow Less
60 Mo CD
3.03% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.66% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $1 - Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for LAFAYETTE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are Lafayette branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Lafayette Locations

Financial Details

Lafayette Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lafayette. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Lafayette U.S. Average
18.28% 7.49

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2018, Lafayette had $8,535,688 in non-current loans and $683,186 in owned assets. To cover these potential losses it had $48,135,354 in net worth and $2,308,776 in loans loss reserves. That gives it a Texas Ratio of 18.28%.

Net Worth
Lafayette U.S. Average
8.61% 13.61%

Lafayette FCU has a net worth of 8.61% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for LAFAYETTE

There are currently no comments for LAFAYETTE. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →