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Savings Accounts

Let Us Put Your Money to Work for You!

The Bank of LaFayette has a number of different ways to help you meet your future financial needs. Whether it's simply saving for a 'rainy day' or if your savings needs are more long-term, we can help! Listed below are several different types of savings accounts that we offer.

Please contact us for more information on our Savings Accounts.
Statement Savings
Statement Savings is a regular savings account. Interest is paid quarterly and statements are mailed quarterly. 

  • There is no minimum deposit required to open this type of account.
  • Statements will be provided monthly if account has ACH transactions.

MMDA Personal
A Money Market Demand Account (MMDA) is a high yield account with limited transaction features. 

  • An initial deposit minimum of $2,500 is required for all Money Market Demand Accounts.
  • Interest is compounded daily and paid monthly when statements are prepared.

MMDA Commercial
A Money Market Demand Account (MMDA) is a high yield account with limited transaction features. 

  • An initial deposit minimum of $2,500 is required for all Money Market Demand Accounts.
  • Interest is compounded daily and paid monthly when statements are prepared.




























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