Overview / Commentary
599 East St
Ludlow, MA 01056

LUSO Federal Credit Union is headquartered in Ludlow and is the 37th largest credit union in the state of Massachusetts. It is also the 989th largest credit union in the nation. It was established in 1971 and as of September of 2018, it had grown to 28 employees and 8,134 members at 2 locations. LUSO Federal Credit Union has an A health rating.

Field of Membership Restrictions

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

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Health Grade Components

NCUA #20600
Year Chartered1971
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD6.08%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$222.4MM$220.2MM
LoansQ3 2018vs Q3 2017$200.5MM$187.3MM
DepositsQ3 2018vs Q3 2017$192.1MM$191.5MM
Equity CapitalQ3 2018vs Q3 2017$23.5MM$22.1MM
Loan Loss AllowanceQ3 2018vs Q3 2017$987.00K$998.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$833.00K$1.7MM
Real Estate OwnedQ3 2018vs Q3 2017$0$0
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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.

LUSO Federal Credit Union Savings Account Rates

0.30%*$100k*-IRA Statement Share
OTHER TIERS: 0.10% $500 - $5k | 0.15% $5k - $10k | 0.20% $10k - $50k | 0.25% $50k - $100k
0.20%$50k-Advantage Statement Share
0.10%$5-Basic Passbook Share
0.10%$5-Basic Statement Share
0.10%$5-Savings Is Fun Statement Share
0.10%$5-L-U-S-O Statement Share

LUSO Federal Credit Union Money Market Rates

0.25%*$25k*-Classic NOW Money Market Account
OTHER TIERS: 0.15% $500 - $5k | 0.20% $5k - $25k

LUSO Federal Credit Union Checking Account Rates

0.05%--Rewards Share Draft Checking
0.05%$500-60 Plus Share Draft Checking
0.05%$500-Smart Start Share Draft Checking

LUSO Federal Credit Union CD Rates

1.80%$500-60 Month MAX Relationship CD
1.60%$500-48 Month MAX Relationship CD
1.50%$500-36 Month MAX Relationship CD
1.40%$500-30 Month MAX Relationship CD
1.35%$500-24 Month MAX Relationship CD
1.30%$500-60 Month CD
1.25%$500-20 Month MAX Relationship CD
1.20%$500-18 Month MAX Relationship CD
1.15%$500-12 Month MAX Relationship CD
1.10%$500-48 Month CD
1.00%$500-36 Month CD
0.95%$500-9 Month MAX Relationship CD
0.90%$500-30 Month CD
0.85%$500-24 Month CD
0.75%$500-20 Month CD
0.70%$500-18 Month CD
0.65%$500-12 Month CD
0.45%$500-9 Month CD
0.40%$500-6 Month CD
0.30%$500-3 Month CD
0.30%$500-4 Month CD
0.30%$500-5 Month CD

LUSO Federal Credit Union IRA Rates

1.80%$250-60 Month MAX Relationship IRA
1.60%$250-48 Month MAX Relationship IRA
1.50%$250-36 Month MAX Relationship IRA
1.40%$250-30 Month MAX Relationship IRA
1.35%$250-24 Month MAX Relationship IRA
1.30%$250-60 Month IRA
1.25%$250-20 Month MAX Relationship IRA
1.20%$250-18 Month MAX Relationship IRA
1.15%$250-12 Month MAX Relationship IRA
1.10%$250-48 Month IRA
1.00%$250-36 Month IRA
0.95%$250-9 Month MAX Relationship IRA
0.90%$250-30 Month IRA
0.85%$250-24 Month IRA
0.75%$250-20 Month IRA
0.70%$250-18 Month IRA
0.65%$250-12 Month IRA
0.45%$250-9 Month IRA
0.40%$250-6 Month IRA
0.30%$250-3 Month IRA
0.30%$250-4 Month IRA
0.30%$250-5 Month IRA

LUSO Federal Credit Union Locations
Branch Office599 East StLudlow, MA 01056
Branch Office1 Crane Park Dr Ste 4Wilbraham, MA 01095-1700

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