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Lafayette Federal earns top honors in Investopedia’s September Best rate survey

ROCKVILLE, MD (September 11, 2024) — Investopedia has recognized Lafayette Federal Credit Union for offering rates on certificate accounts that are the “Best” in the nation, according to its recently published September report. According to a comprehensive analysis conducted by the world-renowned financial education organization, Lafayette Federal has secured the #1 position for its 2-year fixed-rate certificates, along with ranking in the top 3 for 3-year, 4-year, and 5-year terms.

Investopedia’s evaluation, known for its meticulous and data-driven approach, examines various financial institutions nationwide, assessing factors such as interest rates, terms, and overall value. Lafayette Federal’s consistent performance across multiple certificate term lengths highlights the institution’s unwavering dedication to providing members with superior savings options. This recognition is a testament to the credit union’s ability to deliver high-yield products that not only meet but exceed the financial needs and expectations of its members. By offering some of the most competitive rates in the industry, Lafayette Federal continues to set itself apart as a dedicated and innovative financial partner.

“Our team is thrilled to receive this acknowledgement from Investopedia,” said Andrew Doepping, Lafayette Federal’s VP of Marketing. “Earning the #1 spot for our 2-year fixed-rate certificates, along with high ratings in our longer-term options, reflects our ongoing commitment to offering our members some of the best certificates in the market. We strive to offer not just competitive rates, but also the peace of mind that comes with knowing your financial future is in good hands.”

Lafayette Federal continues to enhance its suite of financial products and services, focusing on delivering superior pricing and personalized experiences to its members worldwide. As a trusted financial partner in the community, Lafayette Federal remains steadfast in its mission to support members’ financial well-being with innovative solutions and top-notch offerings.

In addition to the Investopedia ranking, Lafayette Federal was named one of USA Today’s 2024 “Best Places to Work” and has received numerous accolades and awards over the years, including Newsweek’s Best Banks (2022-2023), S&P Global Market Intelligence Report (2012-2022), and Washington Business Journal’s Fastest Growing Companies (ranked 8th, 2022).

About Lafayette Federal Credit Union

Lafayette Federal is committed to providing high-quality financial products and services to its members while actively engaging in and supporting the communities it serves.