15.00% APR*

Need a little extra help this holiday season?

With our Holiday Loan, eligible members can borrow up to $500 with a convenient 6- or 9-month repayment term. Simply complete the attached postcard and bring it to your nearest branch to redeem your offer, or stop by any branch to take advantage of this special holiday loan.

Visit us during business hours at 37 Tremont Street or 79 Lynnfield Street in Peabody!
 

Download the Holiday Loan Form

*APR = Annual Percentage Rate. The applicant may borrow $500. 6 or 9-month loan term only. Payment Examples: $500.00 Holiday Loan at 15.00% APR for a 6-month term equals a monthly payment of $87.01. $500.00 Holiday Loan at 15.00% APR for a 9-month term equals a monthly payment of $59.08. One Holiday Loan per social security number. No prepayment penalty. Offer available now through December 31, 2026. Available to qualified borrowers who are primary owners of the account, have been members in good standing for at least 360 days, have a valid email address, have a valid physical address, and consent to a NON-REFUNDABLE $25 processing fee. The fee will be paid at time of application by debiting your Luso checking or savings account or paid by check or cash in-branch. Must be current on all Luso loans and have not been 31 or more days delinquent on your credit union obligations in the last 360 days.

The following account/member exclusions apply: current delinquency status, active loan workout plan, filed for bankruptcy or have a deceased status on the account, accounts with a loan, credit card or negative balance charge-off, business, trustee, conservatorship, and minor accounts are not eligible. Joint owners are not eligible to apply. Active-duty status will be verified. Must be 18 years of age or older. Membership required. Insured by NCUA.

All past due loans will be assessed a $25 Late Fee if payment is not received on or before the due date.