Promotions and bonus offers from Lafayette Federal Credit Union (lfcu.org) can be found updated here. Typical offers range from $100 to $750.
- Update 8/1/23: Offers are available again and is for up to $750. The checking portion is for $100.
- Update 2/1/23: The signup offers are extended through 3/31/23.
Lafayette FCU was established in 1935 and is headquartered in Rockville, MD. They have locations in DC, MD, and VA.
READ MORE: WELCOME OFFERS FROM CHASE AND BMO.
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 info.
Lafayette Federal Credit Union $100 Checking, Up To $750 Signup Offers
- What you’ll get: Up To $750
- Where it’s available: DC, MD, MA
- How to earn it:
- Earn up to $750 for switching to their member-owned credit union.
- Get $100 for opening a Lafayette Federal Checking Account with Qualified Direct Deposit.
- Receive an additional $50 for opening a Lafayette Federal Credit Card.
- Earn $50 more by opening a Lafayette Federal Share Certificate with a minimum of $10,000.
- Get an extra $50 for opening a Lafayette Federal Preferred or Premier Savings with $10,000 or more.
- Enjoy a $500 closing cost credit towards a Lafayette Federal Mortgage Loan.
- When it expires: Not stated
TRENDING DEAL:
▶ GET UP TO 4.31% APY WITH THE UFB PORTFOLIO SAVINGS ACCOUNT
Waive The Monthly Fee
Their checking accounts have no monthly fees.
Fine Print
- Offer subject to change without notice.
- Cannot be combined with any other new member offers.
- Not applicable to members who received previous new member/direct deposit promotions in the past 12 months.
- Excludes business accounts from the offer.
- Membership eligibility required.
- To qualify for remaining incentive money, first, set up Checking/Qualified Direct Deposit.
- Members opening a Checking Account with Qualified Direct Deposit will receive a $100 deposit to their Checking Account.
- If the account is closed within the first 6 months, the promotional deposit will be deducted from the account.
- Qualified Direct Deposit is a recurring direct deposit of at least $500 per month from an outside organization or agency (e.g., paycheck, pension, Social Security) into a Savings or Checking Account.
READ MORE: SEE THESE CASH BACK SHOPPING DEALS AND PROMOTIONS FOR BONUS CASH AND REWARDS
Bottom Line
You have to set up a direct deposit just to earn a relatively small bonus amount. Other offers you make like: Chase bonus, Bank of America bonus and more here.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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