Lafayette Credit Union

About Lafayette Credit Union

Lafayette Credit Union Location

3535 University Boulevard West
Kensington, MD 20895

Phone: (301) 929-7993
Website: WWW.LFCU.ORG
Routing/Transit Number: Not Available

Lafayette Credit Union Information

Lafayette Credit Union of Kensington, MD is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 14387 members and assets of $308,566,495, as compared to the national average of $93 million dollars of assets per credit union. Lafayette Credit Union, first opened in 1935 and has been in operation since then. Additionally, Lafayette Credit Union has 58 full time employees and 4 part time employees, or 232.048387097 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Lafayette Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Lafayette Credit Union is a not-for-profit, cooperative, tax-exempt organization.