Credit union · NCUA insured
Luso Federal Credit Union
A $241.8M credit union headquartered in Ludlow, MA, with 7,926 members and 2 branches in Massachusetts. Best rates: CDs 3.80% and savings 0.15% APY.
Luso Federal Credit Union Carrot Score
65
Carrot Score
Higher than 14% of U.S. banks and credit unions
#14 of 22 in Springfield, MA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Luso Federal Credit Union
Founded in 1971 on the principle of people helping people, LUSO Federal Credit Union is a member-owned cooperative financial institution.
The credit union serves individuals who live, work, worship, or attend school in Hampden County, Massachusetts.
- Headquarters
- 599 East St, Ludlow, MA 01056
- NCUA charter
- 20600
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Membership is open to individuals who live, work, worship, or attend school in Hampden County, Massachusetts.
Family and household
- Membership is open to relatives of current LUSO members.
Branches
2 branches in Massachusetts
Loading map…
Massachusetts
2 branches
- LUSO Federal Credit UnionMain office599 East St, Ludlow, MA 01056Directions
- Luso Federal Credit Union1 Crane Park Dr Ste 4, Wilbraham, MA 01095Directions
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 | 11.07% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.10% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.45% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $89 | $76 | — |
- CapitalNet worth ratio11.07%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.10%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.45%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$89Peers’ 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 Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.