Luso-American Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.61%	5-year CD	5 Year CD 2.50% - Ally Bank High Yield 5 Year CD
0.50%	1-year CD	1 Year CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.10%	Savings	Regular Savings Account 1.30% - Nationwide Bank Online Savings Account

View all Luso-American Credit Union rates »

Overview / Commentary

www.luso-american.com

978-531-5767

37 Tremont St
Peabody, MA 01960

Luso-American Credit Union is headquartered in Peabody and is the 58^th largest credit union in the state of Massachusetts. It is also the 1,682^nd largest credit union in the nation. It was established in 1960 and as of December of 2017, it had grown to 16 employees and 7,519 members at 2 locations. Luso-American Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Essex County in Massachusetts.
See current membership details

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Health

A

Data as of Q4 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Luso-American Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	67890
Year Chartered	1960
Employees	16
Primary Regulator

Profit Margin
Return on Assets - YTD	0.48%
Return on Equity - YTD	3.46%
Annual Interest Income	$3.0MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$91.2MM$89.4MM
Loans	Q4 2017vs Q4 2016	$65.1MM$59.3MM
Deposits	Q4 2017vs Q4 2016	$78.4MM$76.6MM
Equity Capital	Q4 2017vs Q4 2016	$12.7MM$12.3MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$59.00K$71.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$56.00K$77.00K
Real Estate Owned	Q4 2017vs Q4 2016	$0$0

Rates

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Money Market
Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Luso-American Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	-	$1k	Super Savers Account (Youth Savings)
0.10%	-	-	Regular Savings Account
0.10%	-	-	Christmas Club Account
0.10%	-	-	Vacation Club Account

Luso-American Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$2,500^*	-	Money Market Account
OTHER TIERS: 0.10% → Up to $2,500

Luso-American Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	Now Checking Account

Luso-American Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.61%	$500	-	5 Year CD
1.41%	$500	-	4 Year CD
1.00%	$500	-	3 Year CD
0.90%	$500	-	2 Year CD
0.60%	$500	-	13 Month CD
0.50%	$500	-	1 Year CD
0.35%	$500	-	7 Month CD
0.30%	$500	-	6 Month CD
0.20%	$500	-	90 Day CD

Luso-American Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.61%	$500	-	5 Year IRA
1.41%	$500	-	4 Year IRA
1.00%	$500	-	3 Year IRA
0.90%	$500	-	2 Year IRA
0.50%	$500	-	1 Year IRA

Locations

Luso-American Credit Union Locations
Branch Office	37 Tremont St	Peabody, MA 01960
Branch Office	79 Lynnfield St	Peabody, MA 01960-5201

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