Credit union · NCUA insured
Luso Federal Credit Union Savings Rates
Luso Federal Credit Union’s best savings rate is 0.15% APY on $10,000, with its Classic Now Money Market Account. Rates checked October 15, 2026.
How Luso Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Springfield, MA, where Luso Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Luso Federal Credit Union
0.15%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $15
Classic Now Money Market Account
Top rate
Country Bank for Savings
3.60%APY
- Requires
- Another account
- Minimum
- $10
- Earns on $10,000 a year
- $360
2nd-highest rate
Polish National Credit Union
3.50%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $350
Luso Federal Credit Union savings score
66
Savings score
Higher than 17% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.15%
- $100,000 balance$100,0000.20%
- QualifiedQualified0.15%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Luso Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Classic Now Money Market Account
0.15%APY
Statement Share Account required to establish membership. Minimum to open is $100. Minimum to earn dividend is $500. Allows 6 free transactions per month ($10 per item thereafter).
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 – $5,000Tier 1: balance $500 to $4999.99. $20 fee if balance below $5000. | 0.10% | — | Tier 1: balance $500 to $4999.99. $20 fee if balance below $5000. |
| $5,000 – $25,000Tier 2: balance $5000 to $24999.99. | 0.15% | $15 | Tier 2: balance $5000 to $24999.99. |
| $25,000 and upTier 3: balance $25000 to Unlimited. | 0.20% | — | Tier 3: balance $25000 to Unlimited. |
Sources (1)
- lusofederal.com/bank/savings · captured Oct 5, 2026
Advantage Statement Share Account
0.10%APY
Balances below minimum of $50,000 are assessed a $30 monthly service charge.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50,000 and upMinimum balance of $50,000 to earn dividends; balances below minimum are assessed a monthly service charge.$50,000 and up | 0.10% | — | Minimum balance of $50,000 to earn dividends; balances below minimum are assessed a monthly service charge. |
Sources (1)
- lusofederal.com/bank/savings · captured Oct 5, 2026
Basic Statement Share Account
0.05%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMinimum balance of $100 to earn dividends.$100 and up | 0.05% | $5 | Minimum balance of $100 to earn dividends. |
Sources (1)
- lusofederal.com/bank/savings · captured Oct 5, 2026
Special-purpose accounts
Savings Is Fun Statement Share Account
0.05%APY
For youth savers. LUSO funds the first $5 to open the account. Account automatically converts to a Smart Start Share Account (L-U-S-O Share) when account holder reaches age 12.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum balance to earn dividends is $5. Automatically converts to Smart Start Share Account at age 12.$5 and up | 0.05% | $5 | Minimum balance to earn dividends is $5. Automatically converts to Smart Start Share Account at age 12. |
Sources (2)
All captured Oct 5, 2026
Smart Start Share Account (L-U-S-O Share)
0.05%APY
Designed for students in middle school and up. Requires e-Statement account processing except for In-School Banking accounts. Age qualification applies for mobile banking/mobile check deposit.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and upMinimum balance of $100 to earn dividends. Requires e-Statement processing except for In-School Banking accounts.$100 and up | 0.05% | $5 | Minimum balance of $100 to earn dividends. Requires e-Statement processing except for In-School Banking accounts. |
Sources (2)
All captured Oct 5, 2026
Who can join Luso Federal Credit Union
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.
Membership information collected October 5, 2026.