Lafayette Credit Union McLean VA | Low Mortgage Rates & Business Banking

Introduction

Welcome to Lafayette, your trusted financial partner located at 6890 Elm St, Mclean, VA 22101. Since our establishment in 1935, we have proudly served the community with a commitment to providing exceptional banking services tailored to meet the needs of our 58,462 members. With assets totaling an impressive $2,048,751,096, we are dedicated to fostering financial stability and growth for individuals and families alike. At Lafayette, we understand that every member's financial journey is unique. That's why we offer a wide range of services, including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions. Our total deposits stand at $325,722,725, reflecting the trust our members place in us. With a net worth of $283,219,457 and cash in hand amounting to $5,335,726, we are well-equipped to support your financial aspirations. Our leadership team is here to guide you every step of the way. Under the stewardship of CEO John Farmakides and Board President Nathan 'Gus' Siekierka, we strive to create a welcoming environment where members can feel secure in their financial decisions. While members can visit us at our Mclean branch for all their banking needs during our convenient hours from 8:30 AM to 4:00 PM (M-F) and 9:00 AM to 12:00 PM (Saturday), any official correspondence should be sent to the same address: 6890 Elm St, Mclean, VA 22101. Join us at Lafayette Credit Union today! Whether you're looking to open a new account or explore loan options, don't hesitate to reach out at 301-929-7990 or visit our website at www.lfcu.org. Your financial future starts here!

Branch History & Mission

Our Journey

From our humble beginnings, Lafayette has expanded significantly, now boasting total assets of over $2 billion. This growth reflects our commitment to providing quality financial services while fostering strong relationships with our members. We understand that each member's needs are unique; thus, we strive to offer personalized solutions ranging from checking and savings accounts to auto loans and mortgages. Through various milestones, including the establishment of online banking services and mobile applications, we have embraced technology to enhance member experiences. Our dedication to accessibility is also evident in our ADA-compliant facilities and services like drive-thru banking and ATM access.

Our Mission

At Lafayette Credit Union, our mission is clear: we aim to empower our members by providing them with exceptional financial services while actively contributing to the well-being of our community. We believe in supporting local initiatives and partnerships that uplift those around us. Whether it's sponsoring local events or partnering with schools for financial education programs, we are committed to making a positive impact. While members can visit us at 6890 Elm St for all their banking needs, official correspondence should be sent to the same address as there is no separate mailing location. For any questions or assistance, feel free to reach out at 301-929-7990. We invite you to join Lafayette Credit Union today! Experience firsthand the benefits of being part of a community-focused credit union where your financial goals are prioritized. Discover how we can help you achieve your dreams by visiting us online at Lafayette Credit Union. Together, let's build a brighter financial future!

Branch Location & Accessibility

Accessibility and Features

At Lafayette Credit Union, we prioritize your convenience and comfort. Our branch is equipped with ADA-compliant features, including ramps and accessible parking spaces to ensure that everyone can visit us without any hassle. For those who prefer a quick stop, we offer a drive-thru banking option for deposits and withdrawals. Plus, with ATM availability right on-site, accessing your funds has never been easier.

Contact Us

Have questions or need assistance? Feel free to reach out by phone at 301-929-7990. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address at 6890 Elm St, Mclean, VA 22101. We invite you to come by and explore the variety of services we offer from checking and savings accounts to auto loans and credit cards with rewards. At Lafayette Credit Union's Mclean Branch, we're not just about transactions; we're about building lasting relationships with our members. Stop by today!

Operating Hours

We understand that life can get busy! That's why our lobby hours are designed with your schedule in mind. We're open Monday through Friday from 8:30 AM to 4:00 PM, and on Saturdays from 9:00 AM to 12:00 PM. Whether you need help with personal banking or business services, our friendly staff is here to assist you during these hours.

Member Eligibility

Joining the Lafayette community is not just about banking; it's about becoming part of a supportive family where your financial needs are understood and valued. At Lafayette, located at 6890 Elm St, Mclean, VA 22101, we welcome anyone who lives, works, worships, or attends school in the area. Whether you're a first-time account holder or looking to switch banks for better service, our doors are open to you! By becoming a member, you'll gain access to a range of benefits like personalized service, competitive rates on loans and savings accounts, and various financial products tailored just for you. Getting started is simple! You can learn more about our membership eligibility criteria by visiting this link. If you're ready to open an account or have any questions, feel free to reach out at 301-929-7990. We're excited to welcome you into our community!

Business Banking & Commercial Services

Loan Options Tailored for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $136 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $57,144,431, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Sense

In addition to loans, our merchant services simplify daily operations for local businesses. From accepting payments easily to managing transactions efficiently, these services help you focus on what you do best running your business. Located at 6890 Elm St Mclean Va 22101 in Mclean, VA, we are dedicated to fostering a vibrant business community. Let us partner with you on your path to success! Reach out today at (301) 929-7990 for more information.

Comprehensive List Of Services

Business Banking Services

We understand that running a business comes with its own set of challenges. That's why we offer comprehensive Business Banking services including Merchant Services and Business Loans tailored to support small businesses in achieving their goals. With us by your side, managing your business finances becomes less daunting.

Digital Banking Convenience

In today's fast-paced world, we recognize the importance of convenience. Our robust Online & Mobile Banking features empower you to manage your accounts anytime, anywhere. You can check balances, transfer funds, and even pay bills all from the comfort of your smartphone or computer. For those who prefer traditional banking methods, we also provide ATM & Cash Withdrawal Services, along with basic drive-thru banking options for deposits and withdrawals. It's all about giving you choices that suit your lifestyle.

Personal Banking Solutions

When it comes to personal banking, our offerings are designed with you in mind. We provide Checking & Savings Accounts that fit various lifestyles and financial habits, making it easy to manage your money. Imagine effortlessly saving for that family vacation or keeping track of your daily expenses all while enjoying the benefits of personalized service. If you're considering buying a new car or refinancing an existing loan, our Auto Loans & Vehicle Financing options can help get you on the road with competitive rates and flexible terms. Similarly, our Mortgage Loans & Refinancing services make homeownership more accessible than ever. Picture moving into your dream home with a mortgage tailored just for you! For those unexpected expenses or plans that require quick funding, our Personal Loans & Debt Consolidation solutions are here to help ease your financial worries. Plus, our Credit Cards with Rewards allow you to earn points on everyday purchases, adding value back into your spending.

Reach Out to Us

Our team is here to assist you every step of the way! If you have questions about any of our services or wish to discuss how we can meet your specific needs, don't hesitate to contact us at (301) 929-7990. Visit us at Lafayette in Mclean, or explore more on our website at Mclean Branch. Your financial journey matters to us let's make it a successful one together!

Digital & Online Banking

Key Features

Our 24/7 online banking service allows you to access your account whenever you need it. Whether you're checking your balance, transferring funds, or paying bills, it's all just a tap away. For those who prefer mobile banking, our mobile application provides an easy-to-use interface that makes banking as simple as scrolling through your favorite app. And if you're out shopping, take advantage of our mobile payments feature, allowing you to pay quickly and securely with your smartphone. Need to send money to a friend? Our person-to-person transfer service lets you do just that without any hassle. Plus, if you're looking to keep track of your statements, we offer e-statements that are not only environmentally friendly but also provide easy access to your financial history.

Security and Accessibility

Your safety is important to us. While we currently do not support electronic signature authorization, rest assured that all online transactions are secured with advanced encryption technologies. We prioritize making banking accessible for everyone, which is why our user-friendly platform is designed for ease of use perfect for both tech-savvy individuals and those new to digital banking. With Lafayette, managing your finances has never been easier or more secure. Embrace the convenience of modern banking while enjoying peace of mind knowing that we are here to support you every step of the way!

Financial Strength

Commitment to Growth

With $220,895,669 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant as we support your financial goals across various sectors with $549 in used auto loans and $1,596,949,007 in total loans and leases.

Growing Membership Base

We have achieved significant trust within the community, evidenced by our total share accounts reaching 124,552. This growing member base is a testament to our reliability as a credit union. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lafayette is your trusted partner. Visit us at 6890 Elm St Mclean Va 22101 or call (301) 929-7990 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Your savings are secure with us. We have $903,027,023 in share certificates and $3,327,501 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $320,641,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 203 full-time employees and 3 part-time employees who are always ready to serve you with a knowledgeable, committed team.

Solid Financial Foundation

With a net worth of $283,219,457, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,359 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Services

For those looking for commercial opportunities, our outstanding commercial loans totaling $57,144,431 provide essential capital for business growth. No matter what type of loan you need, we're committed to supporting you every step of the way. To explore all our loan options or learn more about eligibility and refinancing possibilities, please visit us at our branch located at 6890 Elm St Mclean Va 22101 in Mclean, VA, or give us a call at (301) 929-7990. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Take control of your financial future with Lafayette today!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $11,690,907 in used vehicle loans and $6,671,391 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used vehicle, our financing options can make it happen.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $254,604,518, make buying or refinancing simple. We provide various terms and conditions to suit your situation. If you're considering refinancing your existing mortgage, we can guide you through that process as well.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $5,508,853 in loans helping members manage their finances effectively. This option gives you the freedom to make purchases while staying within your budget.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With an easy-to-use platform, LendMesh helps users navigate through the many options available, making it easier to find the right fit for their financial needs. LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment to compliance means users receive fair and transparent offers that reflect current market conditions. One of the standout features of LendMesh is its dedication to providing verified data. All loan offers are sourced from legitimate financial institutions, ensuring transparency in what users see. Unlike many other platforms, LendMesh does not use sponsored listings; lenders are not prioritized based on paid promotions. Instead, the focus remains on delivering unbiased results that empower users to make informed choices. The platform also provides real-time rate comparisons, displaying up-to-date loan rates from multiple institutions. This feature allows users to quickly assess their options and make decisions based on current information rather than outdated figures. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials underline LendMesh's reliability as a comparison tool. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

LAFAYETTE FEDERAL CREDIT UNION