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.
Membership in Luso American Credit Union is open to those who live or work in Essex County, Massachusetts.
See current membership details
|Return on Assets - YTD||0.32%|
|Return on Equity - YTD||2.65%|
|Annual Interest Income||$3.8MM|
|Assets and Liabilities|
|Assets||Q4 2022vs Q4 2021||$127.0MM$127.8MM|
|Loans||Q4 2022vs Q4 2021||$80.5MM$81.0MM|
|Deposits||Q4 2022vs Q4 2021||$110.5MM$112.2MM|
|Equity Capital||Q4 2022vs Q4 2021||$15.7MM$15.3MM|
|Loan Loss Allowance||Q4 2022vs Q4 2021||$199.00K$192.00K|
|Unbacked Noncurrent Loans||Q4 2022vs Q4 2021||$47.00K$70.00K|
|Real Estate Owned||Q4 2022vs Q4 2021||$0$0|
Rates for Luso-American Credit Union are currently being reviewed.
|Luso-American Credit Union Locations|
|Branch Office||37 Tremont St||Peabody, MA 01960|
|Branch Office||79 Lynnfield St||Peabody, MA 01960-5201|