Bank Index

Luso-American Credit Union

Credit union · Peabody, United States · overall 2.7 / 10

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How this 2.7 is built

Average of 12 scored needs: 2.7. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Luso-American is recorded in the global register as a credit union in Peabody, United States. Total assets 0.12 bn USD at 2026-03-31. Established 1960. Collected from open registers.

On its own website: “Looking for the best bank in Peabody? Luso American Credit Union offers trusted banking, loans, savings, and financial services in Peabody with great rates.”

Legal name
Luso-American
Licence confirmed
not confirmed yet
Established
1960
LEI
98450052F6ADED36DC76
Website
www.luso-american.com/

Scores, 0 to 10

7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “No monthly fees” · source
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Best interest on business balances
A credit union serves a defined membership in one area and does not sell international business banking. · source
4.0Fast digital onboarding
A credit union serves a defined membership in one area and does not sell international business banking. · source
4.0Financial strength & stability
Financial strength placed by total assets from the public register. · source
2.5Business cards (Visa, Mastercard)
A credit union serves a defined membership in one area and does not sell international business banking. · source
2.0Startups & VC-backed companies
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.5Crypto-friendly bank
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.5Fintech companies that need a partner bank
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.5Online businesses: e-commerce and SaaS
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.0Cross-border payments, FX and multi-currency accounts
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.0Trade, manufacturing & import-export
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.0Foreign-owned & non-resident companies
A credit union serves a defined membership in one area and does not sell international business banking. · source
1.0High-risk verticals (iGaming, cannabis, adult, forex)
A credit union serves a defined membership in one area and does not sell international business banking. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.