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Luso-American Credit Union

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Luso-American Credit Union

Mission statement:

Our mission is to provide to our members the best services possible. To achieve this we will identify and concentrate on delivering high quality, highly personalized services and continue to provide the most competitive rates in our industry.

History:

Luso-American Credit Union was founded in 1960 to serve the growing Portuguese immigrant community in the Peabody, MA. area. The Charter and By-laws were subsequently amended to serve all members who worked or lived in Peabody, MA. and the contiguous towns. In April 2005, the By-laws were amended further to serve all members who work or live in Essex County, MA. Today, the Credit Union has assets in excess of $66 Million, serves more than 5,000 members, has a strong Return on Assets that matches its peer group, and is one of the best capitalized Credit Union in Massachusetts.

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