LUSO Federal Credit Union

Popular Accounts at this Credit Union

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

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 1,002nd largest credit union in the nation. It was established in 1971 and as of March of 2018, it had grown to 32 employees and 8,001 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 - YTD0.59%
Return on Equity - YTD5.74%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$220.0MM$217.7MM
LoansQ1 2018vs Q1 2017$194.3MM$186.2MM
DepositsQ1 2018vs Q1 2017$190.7MM$189.7MM
Equity CapitalQ1 2018vs Q1 2017$22.7MM$21.5MM
Loan Loss AllowanceQ1 2018vs Q1 2017$1.1MM$1.0MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$1.1MM$1.5MM
Real Estate OwnedQ1 2018vs Q1 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

0.35%*$100k*-IRA Statement Share
OTHER TIERS: 0.15% $250 - $5k | 0.20% $5k - $10k | 0.25% $10k - $50k | 0.30% $50k - $100k
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: 0.50% $25k+
0.25%$500-Smart Start Share Draft Checking
0.10%$500-Organic Share Draft Checking
0.10%$200-Second Chance Share Draft Checking
0.05%$500-Classic Share Draft Checking
0.05%$500-60 Plus Share Draft Checking
0.05%$2.5k-Elite Business 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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