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Home > Banking Bonuses > Lafayette Federal Credit Union: $300 New Member Bonus and $25 Referral Program (Open Nationwide Membership)

Lafayette Federal Credit Union: $300 New Member Bonus and $25 Referral Program (Open Nationwide Membership)

July 24, 2025 | Leave a Comment

Lafayette Federal Credit Union will give you up to a $300 cash bonus when you start your new membership, including a $200 bonus when you open a Lafayette Federal checking account and setup a recurring direct deposit of $500 or more, another $50 bonus when you open a Preferred or Premier savings account and deposit $100 or more, and additional $50 bonus when you apply for an eligible consumer loan.

Alternatively, through the LFCU Refer-A-Friend Program, both current and new members can earn a $25 bonus each when an existing member refers a new member who joins Lafayette Federal Credit Union by depositing at least $50 into an LFCU share savings account.

Regardless of which state you live in, anyone in the U.S.A. can join Lafayette Federal Credit Union completely online when you become a member of the Home Ownership Financial Literacy Council, which requires a 1-time membership fee of $10 that can be paid during LFCU’s online membership application process.

To join Lafayette Federal Credit Union, you must open a share savings account, which requires a $50 minimum opening deposit and an ongoing minimum balance of $50 to retain your membership in the credit union.

Become a member of Lafayette Federal Credit Union to earn up to a $300 new member bonus and earn $25 referral rewards for sharing LFCU with your friends and family.

How to Join Lafayette Federal Credit Union

To qualify for Lafayette FCU Membership, you must meet any of the following requirements:

  • If you live anywhere in the United States, become a member of the Home Ownership Financial Literacy Council (HOFLC) for a 1-time $10 fee during LFCU’s online membership application.
  • If you live in Maryland, Washington, D.C., or Virginia, become a member of the American Consumer Council (ACC) at no cost to you.
  • Live or work in the Potomac, MD, area.
  • Live, work, worship or attend school in Washington, D.C.
  • Be a direct-hire individual employed by or retired from Lafayette Federal’s Select Employee Groups.
  • Be an immediate family member of a current Lafayette Federal member.

To establish your membership with Lafayette Federal Credit Union, you’ll need to deposit at least $50 into a share savings account and maintain that $50 balances in your share savings account for as long as you are a member.

As an added benefit, you can charge your initial opening deposit on a credit card as a purchase for up to $750, and you should see this option during your membership application process.

Lafayette FCU $300 New Member Bonus

1. Apply for this $300 Lafayette FCU New Member Bonus online when you start your new membership.

2. Get an initial $200 bonus when you open a new Lafayette Federal checking account and set up a qualified recurring direct deposit of $500 or more within 45 days.

3. Receive an additional $50 bonus when you open a Preferred or Premier savings account and deposit $100 or more within the first 45 days.

4. Earn an extra $50 bonus when you apply for an eligible consumer loan.

Lafayette FCU $25 Refer-A-Member Bonuses

As a current LFCU member, you can participate in the Lafayette Referral Program to refer your friends and family, and when they join the credit union, you will each receive a $25 bonus.

Within 14 days of your referral opening an LFCU share savings account with a $50 minimum deposit, a $25 bonus will be deposited into each of your share savings accounts.

You can refer as many people as you like to Lafayette Federal Credit Union via the online referral form, and you can earn up to $125 in total for your referrals.

If you are a current LFCU member, please feel free to share your contact information in the below comments in order to exchange Lafayette Federal Credit Union referral bonuses with other readers.

Join the Lafayette Federal Credit Union with open membership across the U.S.A. to earn a $300 new member bonus and get extra $25 referral rewards for sharing LFCU with your friends and family.

Check out this First Tech Federal Credit Union Promotion as well to earn more checking account bonuses from a nationwide credit union.

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Review these top bank account promotions and nationwide credit union new member offers to earn extra sign-up bonuses.

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