LUSO Federal Credit Union


Overview / Commentary
413-589-9966
599 East St
Ludlow, MA 01056

LUSO Federal Credit Union is headquartered in Ludlow and is the 38th largest credit union in the state of Massachusetts. It is also the 1,060th largest credit union in the nation. It was established in 1971 and as of June of 2020, it had grown to 32 employees and 8,272 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

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
NCUA #20600
Year Chartered1971
Employees32
Primary Regulator
Profit Margin
Return on Assets - YTD0.06%
Return on Equity - YTD0.57%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$227.2MM$227.6MM
LoansQ2 2020vs Q2 2019$202.2MM$201.6MM
DepositsQ2 2020vs Q2 2019$201.2MM$196.3MM
Equity CapitalQ2 2020vs Q2 2019$25.5MM$24.9MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.4MM$861.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.8MM$789.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*-IRA Statement Share
OTHER TIERS: 0.10% $500 - $5k | 0.15% $5k - $10k | 0.20% $10k - $50k
0.10%$50k-Advantage Statement Share
0.05%$5-Basic Passbook Share
0.05%$5-Basic Statement Share
0.05%$5-Savings Is Fun Statement Share
0.05%$100-L-U-S-O Statement Share

LUSO Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$25k*-Classic NOW Money Market Account
OTHER TIERS: 0.15% $500 - $5k | 0.20% $5k - $25k
0.20%*$25k*-Elite NOW Business Money Market
OTHER TIERS: 0.10% $500 - $5k | 0.15% $5k - $25k

LUSO Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*-$25kRewards Share Draft Checking
OTHER TIERS: 0.15% $25k+
0.05%$500-60 Plus Share Draft Checking
0.05%$250-Smart Start Share Draft Checking

LUSO Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$500-60 Month CD
0.50%$500-36 Month CD
0.50%$500-48 Month CD
0.45%$500-30 Month CD
0.40%$500-18 Month CD
0.40%$500-20 Month CD
0.40%$500-24 Month CD
0.15%$500-6 Month CD
0.15%$500-9 Month CD
0.15%$500-12 Month CD
0.10%$500-3 Month CD
0.10%$500-4 Month CD
0.10%$500-5 Month CD

LUSO Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$500-60 Month IRA
0.50%$500-36 Month IRA
0.50%$500-48 Month IRA
0.45%$500-30 Month IRA
0.40%$500-18 Month IRA
0.40%$500-20 Month IRA
0.40%$500-24 Month IRA
0.15%$500-6 Month IRA
0.15%$500-9 Month IRA
0.15%$500-12 Month IRA
0.10%$500-3 Month IRA
0.10%$500-4 Month IRA
0.10%$500-5 Month IRA
Locations


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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.