2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 20600
Date Established 1971
Assets $224.56 million
Loans $206.64 million
Deposits $193.88 million
Capital $24.20 million

Luso is an NCUA insured institution located in Ludlow, MA. It was founded in 1971 and has approximately $224.56 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in, and businesses or other legal entities located throughout Hampden County, Massachusetts are eligible for membership.

Deposit Rates - July 20, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.15% $200 $4,999 Learn MoreShow Less
Money Market
0.20% $5,000 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $250 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.30% $500 - Learn MoreShow Less
6 Mo CD
0.40% $500 - Learn MoreShow Less
12 Mo CD
0.65% $500 - Learn MoreShow Less
18 Mo CD
0.70% $500 - Learn MoreShow Less
24 Mo CD
0.85% $500 - Learn MoreShow Less
30 Mo CD
0.90% $500 - Learn MoreShow Less
36 Mo CD
1.00% $500 - Learn MoreShow Less
48 Mo CD
1.10% $500 - Learn MoreShow Less
60 Mo CD
1.30% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.10% $500 $4,999 Learn MoreShow Less

Loan Rates - July 20, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for LUSO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.756% 3.750% 0.13 $175 $1,158 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More
First Internet Bank
NMLS ID: 424182
3.636% 3.625% 0.13 $328 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to LUSO
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Luso branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Luso Locations


Financial Details

Luso Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Luso. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Luso U.S. Average
0.91% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Luso had $99,311 in non-current loans and $129,500 in owned assets. To cover these potential losses it had $24,204,283 in net worth and $904,558 in loans loss reserves. That gives it a Texas Ratio of 0.91%.

Net Worth
Luso U.S. Average
10.77% 13.47%

Luso FCU has a net worth of 10.77% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Luso

Branches and Savings

What is Luso?

A federal credit union, registered with the NCUA under certificate #20600.
Learn more about credit unions here.

Is Luso FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Luso?

Please see Field of Membership information above for information on who is eligible to join.

What are Luso's share account and share certificate rates?

Luso's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Luso?

Luso has total capital of $24.20 million. Full information on Luso's financial position is located above.

Who owns Luso?

Credit Unions are owned by their members.

Where are Luso branches located?

See branch locations nearby.

Are Luso ATMs Open 24/7?

Do Luso ATMs accept cash deposits?

Can Luso customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Luso have a mobile app?

Does Luso have mobile deposit?

Does Luso have quick pay?

How can Luso transfer money to other banks or credit unions?

Does Luso report to credit bureaus?

Does Luso use Chexsystems?

Does Luso use Equifax?

What is Luso's toll free phone number?

What is Luso's ACH Routing Number?

What is Luso's SWIFT code?

Where can I find Luso's wire transfer form?

What is the Luso address for deposits?

What Products Does Luso Offer

Does Luso offer mortgages?

Compare mortgage rates here.

Does Luso offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Luso offer auto and RV loans?

Compare auto loan rates here.

Does Luso offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Luso

There are currently no comments for Luso. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →