Credit union · NCUA insured
Lafayette Federal Credit Union
Top CarrotA $2.1B credit union, the 250th largest of 4,329, headquartered in Rockville, MD, with 56,790 members and 12 branches in 3 states. Best rates: CDs 3.76% and savings 3.20% APY.
Lafayette Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 86% of U.S. banks and credit unions
#20 of 105 in Washington, DC-VA-MD-WV metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Lafayette Federal Credit Union
Operating since 1935, Lafayette Federal Credit Union is a not-for-profit financial institution.
Lafayette Federal Credit Union operates eleven full-service branch locations across the District of Columbia, Maryland, and Virginia.
- Headquarters
- 2701 Tower Oaks Blvd, Rockville, MD 20852
- NCUA charter
- 619
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live or work in the specified area of Montgomery County, Maryland known as Potomac (bounded by defined roads and excluding the U.S. Navy Ship Research and Development Center military reservation) are eligible to join.
Employers and groups
- Direct-hire individuals employed by or retired from Lafayette Federal Credit Union's Select Employee Groups are eligible for membership.
- Residents of Maryland, Washington, D.C., or Virginia are eligible to join by becoming a member of the American Consumer Council (ACC), with membership handled at no cost by the credit union.
- Individuals living anywhere in the United States can join by becoming a member of the Home Ownership Financial Literacy Council (HOFLC) for a one-time $10 fee.
Family and household
- Immediate family members of current members (grandparents, parents, spouses, children including foster and adopted, grandchildren, and siblings) and un-remarried spouses of persons who died while employed by eligible organizations are eligible to join.
Cost to join
- A one-time $10 fee is required for automatic enrollment in the Home Ownership Financial Literacy Council (HOFLC).
- A $50 minimum balance is required to open and maintain a Lafayette Federal share savings account.
Branches
12 branches in 3 states
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Maryland
6 branches
- Norman Cohen Financial Service CenterMain office2701 Tower Oaks Blvd, Rockville, MD 20852Directions
- Greenbelt Service Center7537 Greenbelt Rd, Greenbelt, MD 20770Directions
- Kensington Financial Service Center3535 University Blvd W, Kensington, MD 20895Directions
- Cabin John Financial Service Center7741 Tuckerman Ln, Potomac, MD 20854Directions
- Fallsgrove Financial Service Center14933 Shady Grove Rd, Rockville, MD 20850Directions
- Tower Oaks Financial Service Center2701 Tower Oaks Blvd, Rockville, MD 20852Directions
District of Columbia
3 branches
- Columbia Heights Financial Service Center1381 Kenyon St NW, Washington, DC 20010Directions
- Jack Welty Financial Service CenterRoom c 1-80, 1300 Pennsylvania Avenue, NW, Washington, DC 20523Directions
- Sba Financial Service Center409 3rd St SW Ste 105, Suite 105, Washington, DC 20024Directions
Virginia
3 branches
- Crystal City Financial Service Center2231 Crystal Dr Ste 150R, Arlington, VA 22202Directions
- Great Falls Financial Service Center9904 Georgetown Pike, Great Falls, VA 22066Directions
- McLEAN BRANCH6890 Elm St, McLean, VA 22101Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.44% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 2.33% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 0.10% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $54 | $88 | — |
- CapitalNet worth ratio12.44%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late2.33%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets0.10%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$54Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Lafayette Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.