Edit > Project Settings > Editor > Version Control
Set "Asset Serialization" to "Force Text" (Forces .meta files to be text)
Set "Mode" to "Visible Meta Files" (Forces .meta files to be created)
These settings are probably default now but it's good to check.
Run all of the following for each repository:
git init
git lfs install
git lfs track "*.psd"
Update ".gitattributes" with the following:
Create ".gitignore" containing the following:
git lfs track # Check which patterns are tracked by lfs
git lfs ls-files # Check which concrete file will be committed
git commit -am "Initial commit"
git push