LUSO Federal Credit Union is headquartered in Ludlow and is the 38th largest credit union in the state of Massachusetts. It is also the 1,105th largest credit union in the nation. It was established in 1971 and as of December of 2021, it had grown to 30 employees and 8,278 members at 2 locations. LUSO Federal Credit Union has an A health rating.
Membership is open to those who live, work, worship, or attend school in, and businesses or other legal entities located throughout Hampden County, Massachusetts are eligible for membership.
See current membership details
Overall | |
---|---|
NCUA # | 20600 |
Year Chartered | 1971 |
Employees | 30 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.46% |
Return on Equity - YTD | 4.2% |
Annual Interest Income | $7.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $247.9MM$233.8MM |
Loans | Q4 2021vs Q4 2020 | $196.4MM$195.0MM |
Deposits | Q4 2021vs Q4 2020 | $220.2MM$206.9MM |
Equity Capital | Q4 2021vs Q4 2020 | $27.0MM$25.8MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.1MM$1.5MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $2.1MM$1.8MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not LUSO Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | - | $25k | Rewards Share Draft Checking | ||
OTHER TIERS: 0.10% → $25k+ |
LUSO Federal Credit Union Locations | ||
---|---|---|
Branch Office | 599 East St | Ludlow, MA 01056 |
Branch Office | 1 Crane Park Dr Ste 4 | Wilbraham, MA 01095-1700 |