Lafayette Federal Credit Union Receives Third-Year Recognition in S&P Global Market Intelligence's Top 100 Rankings

Lafayette Federal was once again recognized by S&P Global Market Intelligence as one of the Top 100 Performing Credit Unions, securing the #12 spot in 2022 out of almost 1,800 qualified credit unions nationwide. Named to the prestigious list for a third consecutive year, the credit union experienced a 23% increase in member growth and an exceptional 4.53% return on average assets (ROAA) during 2022.

S&P Global Market Intelligence calculated scores for each company based on five metrics: member growth; total number of loans per member; net worth as a percentage of total assets; delinquent loans as a percentage of total loans; and return on average assets. Criteria for the rankings included credit unions with more than $100 million in total assets and a net worth ratio of at least 7% as of Dec. 31, 2022.

"For three consecutive years, our organization has been recognized with this honorable accolade from S&P Global Market Intelligence, and it's one we are exceptionally proud to receive," says B. John Farmakides, Lafayette Federal's President/CEO. "Especially in light of recent challenges within the banking industry, I find it extremely important to underscore that Lafayette Federal remains strong and stable, as we have been for almost 90 years. This accomplishment further solidifies our position as a nationally-recognized financial institution where members can feel safe about their financial future."

About Lafayette FCU
Lafayette Federal Credit Union is a premier financial institution in the Washington, D.C. metropolitan area. Since 1935, Lafayette Federal has sought to provide members with a safe and convenient place to save, and to offer deposit and loan accounts at rates and terms more favorable than those of other financial institutions. With assets over $1.8 billion and over 56,000 members worldwide, Lafayette Federal operates eight full-service branch offices in the District of Columbia, Maryland, and Virginia and offers global access via the shared branch/ATM network and 24/7 electronic services. The organization has been recognized by the S&P Global Market Intelligence Report as one of the top 100 credit unions nationwide (2020-2022), by Newsweek as one of America's best banks (2022), by Washington Business Journal as one of the Washington area's fastest growing companies (2022), and received a 5-star ranking from Bauer Financial (2022). To learn more about Lafayette Federal Credit Union, call (301) 929-7990 or visit

Source: Lafayette Federal Credit Union

About Lafayette Federal Credit Union

Lafayette Federal Credit Union is a not-for-profit financial institution, operating eight full-service branch locations in the District of Columbia, Maryland, and Virginia. Since 1935, our mission has been to serve, support, and empower our members by understanding their financial needs, delivering products, and services to achieve their financial goals and offering solutions to assure their financial well-being. As a member-focused, service-driven organization, Lafayette Federal has received national recognition by S&P Global, Newsweek, Washington Business Journal, and Bauer Financial.

Lafayette Federal Credit Union
2701 Tower Oaks Blvd
Rockville, MD


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