Lafayette Federal Credit Union Promotions: $150 Checking Bonus [D.C., MD, VA]

Find the latest listing of Lafayette Federal Credit Union promotions, bonuses, and offers here.

Update 2/14/25: The $150 checking bonus is back through 4/30/25.

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.

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:
  • Open new Lafayette Federal checking account with just $50, get your debit card, and enroll in online banking.
  • Deposit $500 or more per month to qualify for the bonus to receive an additional $100.
  • Earn and receive the $150 bonus—$50 upon account opening and $100 within 45 days.

(Expires 04/30/2025)

Fine Print

• Lafayette Federal membership is required. Offer is valid online from February 1, 2025 through April 30, 2025 .
• Lafayette Federal will match the required par value by depositing $50 into the checking account at account opening.
• Member must open a Lafayette Federal checking account, debit card, and online banking to be eligible.
• To receive an additional $100, member must set up and maintain at least one (1) qualified direct deposit (QDD) of at least $500 per month.
• 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 or savings account on a month-to-month basis made by an outside organization or agency.
• QDD must be established within 45 days of account opening.
• $100 will be deposited within 90 days of account opening.
• $50 minimum balance required to open and earn 0.10% APY (Annual Percentage Yield) on LFCU share savings account balances.
• Rates effective as of January 1, 2025.

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)

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)

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.