Featured Savings Rates
Featured Accounts

LUSO Federal Credit Union

Popular Accounts at this Credit Union

1.50%Reward CheckingRewards Share Draft Checking
1.30%5-year CD60 Month Term Share Certificate
0.65%1-year CD12 Month Term Share Certificate

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 959th largest credit union in the nation. It was established in 1971 and as of June of 2016, it had grown to 31 employees and 7,319 members at 2 locations. LUSO Federal Credit Union has a B+ 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 - YTD0.73%
Return on Equity - YTD7.43%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$212.4MM$191.0MM
LoansQ2 2016vs Q2 2015$175.3MM$156.0MM
DepositsQ2 2016vs Q2 2015$184.4MM$168.8MM
Equity CapitalQ2 2016vs Q2 2015$20.6MM$19.3MM
Loan Loss AllowanceQ2 2016vs Q2 2015$1.0MM$948.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$2.2MM$1.9MM
Real Estate OwnedQ2 2016vs Q2 2015$121.00K$0
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* 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

0.20%$50k-"Advantage" Statement Share
0.15%--"Solar" Statement Share
0.10%--"Basic" Passbook Share
0.10%--"Basic" Statement Share
0.10%--"Savings Is Fun" Statement Share
0.10%--"L-U-S-O" Statement Share
0.10%--"Better Business" Statement Share
0.05%--"Holiday" 50 Week Club
0.05%--"Vacation" Club
0.05%--"Just In Case" Club

LUSO Federal Credit Union Money Market Rates

0.25%*$25k*-"Classic" NOW Money Market Account
OTHER TIERS: 0.15% $200 - $5k | 0.20% $5k - $25k
0.25%*$25k*-"Elite" Now Business Money Market
OTHER TIERS: 0.15% $200 - $5k | 0.20% $5k - $25k

LUSO Federal Credit Union Checking Account Rates

1.50%*-$25kRewards Share Draft Checking
OTHER TIERS: 0.05% $25k+
0.25%$500-"Smart Start" Share Draft Checking
0.10%$500-"Organic" Share Draft Checking
0.10%$500-"Preferred" Share Draft Checking
0.05%$500-"Classic" Share Draft Checking
0.05%$500-"60 Plus" Share Draft Checking
0.05%$2,500-"Elite" Business Share Draft Checking
0.05%$500-"Secure" 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
1.35%$500-30 Month MAX Relationship CD
1.30%$500-60 Month Term Share Certificate
1.25%$500-20 Month MAX Relationship CD
1.25%$500-24 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 Term Share Certificate
1.00%$500-36 Month Term Share Certificate
0.95%$500-9 Month MAX Relationship CD
0.85%$500-30 Month Term Share Certificate
0.75%$500-20 Month Term Share Certificate
0.75%$500-24 Month Term Share Certificate
0.70%$500-18 Month Term Share Certificate
0.65%$500-12 Month Term Share Certificate
0.45%$500-9 Month Term Share Certificate
0.40%$500-6 Month Term Share Certificate
0.30%$500-3 Month Term Share Certificate
0.30%$500-4 Month Term Share Certificate
0.30%$500-5 Month Term Share Certificate

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
1.35%$250-30 Month MAX Relationship IRA
1.30%$250-60 Month IRA Certificate
1.25%$250-20 Month MAX Relationship IRA
1.25%$250-24 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 Certificate
1.00%$250-36 Month IRA Certificate
0.95%$250-9 Month MAX Relationship IRA
0.85%$250-30 Month IRA Certificate
0.75%$250-20 Month IRA Certificate
0.75%$250-24 Month IRA Certificate
0.70%$250-18 Month IRA Certificate
0.65%$250-12 Month IRA Certificate
0.45%$250-9 Month IRA Certificate
0.40%$250-6 Month IRA Certificate
0.30%$250-3 Month IRA Certificate
0.30%$250-4 Month IRA Certificate
0.30%$250-5 Month IRA Certificate

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