Credit union · NCUA insured
Luso American Credit Union
A $122.8M credit union headquartered in Peabody, MA, with 9,326 members and 3 branches in Massachusetts. Best rates: CDs 2.93% and savings 0.15% APY.
Luso American Credit Union Carrot Score
76
Carrot Score
Higher than 42% of U.S. banks and credit unions
#73 of 141 in Boston, MA-NH metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Luso American Credit Union
The credit union is committed to supporting Peabody families, businesses, and futures.
- Headquarters
- 37 Tremont St, Peabody, MA 01960
- NCUA charter
- 67890
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live or work in Essex County are eligible for membership.
Cost to join
- Opening a savings account with $25 is required to establish membership.
Branches
3 branches in Massachusetts
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Massachusetts
3 branches
- Luso American Credit UnionMain office37 Tremont St, Peabody, MA 01960Directions
- Luso American Credit Union128 Rogers St, Gloucester, MA 01930Directions
- Luso-American Credit Union79 Lynnfield St, Peabody, MA 01960Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 16.21% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.22% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.47% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $72 | $76 | — |
- CapitalNet worth ratio16.21%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.22%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.47%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$72Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Luso American Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.