Luso-American Credit Union

Overview / Commentary
37 Tremont St
Peabody, MA 01960

Luso-American Credit Union is headquartered in Peabody and is the 54th largest credit union in the state of Massachusetts. It is also the 1,622nd largest credit union in the nation. It was established in 1960 and as of December of 2022, it had grown to 14 employees and 8,560 members at 2 locations. Luso-American Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Luso American Credit Union is open to those who live or work in Essex County, Massachusetts.
See current membership details


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


Health Grade Components

NCUA #67890
Year Chartered1960
Primary Regulator
Profit Margin
Return on Assets - YTD0.32%
Return on Equity - YTD2.65%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$127.0MM$127.8MM
LoansQ4 2022vs Q4 2021$80.5MM$81.0MM
DepositsQ4 2022vs Q4 2021$110.5MM$112.2MM
Equity CapitalQ4 2022vs Q4 2021$15.7MM$15.3MM
Loan Loss AllowanceQ4 2022vs Q4 2021$199.00K$192.00K
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$47.00K$70.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$0

Rates for Luso-American Credit Union are currently being reviewed.


Luso-American Credit Union Locations
Branch Office37 Tremont StPeabody, MA 01960
Branch Office79 Lynnfield StPeabody, MA 01960-5201

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.