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Lafayette Federal Credit Union company history timeline

1939

By 1939, the maximum limit on the loans was increased to $100 (or $2,000 at today’s value), and vehicle loans were also added as a second loan type.

1940

In 1940, the credit union moved across town in Washington, DC, from its original H Street location to the Lafayette Building on Vermont Avenue in Northwest, and officially changed its name to Lafayette Federal Credit Union.

1960

Lafayette Federal experienced further growth during the 1960-70s time period.

1970

By 1970, the National Credit Union Administration was formed as the official entity to supervise and regulate credit unions.

1974

By 1974, Lafayette Federal reached $10 million in assets and had 7,600 members.

1992

In 1992, Lafayette Federal completed its first merger with Potomac Community Federal Credit Union.

2008

In 2008, Lafayette Federal hosts its very first Capitol Classic Charity Golf Tournament, thus commencing an annual charity event for the credit union.

2010

In 2010, the credit union celebrated its 75 year anniversary.

2016

In 2016, Lafayette Federal completed its second merger with CSC Employees Federal Credit Union (still operating as Lafayette Federal Credit Union). The following year, the credit union moved its headquarters to Rockville, MD, and opened a branch on the premises a year later.

2020

Their performance was recognized by S&P Global by ranking #20 in their Top 100 Performing Credit Unions of 2020 Report.

2021

By March 31, 2021, Lafayette Federal reached a milestone $1 billion in assets.

2022

July 11, 2022 Member Appreciation Days Join us for our summer of member appreciation to WIN.

July 13, 2022 Introduction to Annuities Webinar Gain a solid understanding of annuities with our free, informative, and engaging webinar!

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Founded
1935
Company founded
Headquarters
Rockville, MD
Company headquarter
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Zippia gives an in-depth look into the details of Lafayette Federal Credit Union, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lafayette Federal Credit Union. The employee data is based on information from people who have self-reported their past or current employments at Lafayette Federal Credit Union. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lafayette Federal Credit Union. The data presented on this page does not represent the view of Lafayette Federal Credit Union and its employees or that of Zippia.

Lafayette Federal Credit Union may also be known as or be related to Lafayette Federal Credit Union.