Meridian Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.10%	5-year CD	3.10% - Barclays 60 Month Online CD
1.70%	1-year CD	2.75% - Barclays 12 Month Online CD
0.10%	Savings	2.20% - Barclays Online Savings Account

View all Meridian Credit Union rates »

Overview / Commentary

www.mymeridiancu.org

641-684-4207

1206 N Jefferson St
Ottumwa, IA 52501

Meridian Credit Union is headquartered in Ottumwa and is the 50^th largest credit union in the state of Iowa. It is also the 3,014^th largest credit union in the nation. It was established in 1952 and as of December of 2018, it had grown to 5 employees and 3,205 members at 1 location. Meridian Credit Union's CD rates are 89% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Davis, Appanoose, Jefferson, Mahaska, Keokuk, Monroe, Van Buren and Wapello Counties in Iowa.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q4 2018

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Meridian Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	64212
Year Chartered	1952
Employees	5
Primary Regulator

Profit Margin
Return on Assets - YTD	0.48%
Return on Equity - YTD	3%
Annual Interest Income	$872.00K

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$26.8MM$28.4MM
Loans	Q4 2018vs Q4 2017	$11.7MM$10.5MM
Deposits	Q4 2018vs Q4 2017	$22.5MM$24.1MM
Equity Capital	Q4 2018vs Q4 2017	$4.3MM$4.2MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$92.00K$100.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$23.00K$60.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$40.00K

Rates

Skip to rates for:

Savings
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Meridian Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Meridian Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	-	-	Share IRA
0.20%	-	-	Kirby Kangaroo Club
0.20%	-	-	CU Succeed Account
0.10%	-	-	Primary Share

Meridian Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	-	-	High Yield Checking
0.05%	-	-	Share Draft (Checking)

Meridian Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.10%	$1k	-	5 Year Share Certificate
1.85%^*	$10k^*	-	2 Year Share Certificate
OTHER TIERS: 1.35% → $1k - $10k
1.70%^*	$25k^*	-	1 Year Share Certificate
OTHER TIERS: 1.40% → $1k - $25k
1.05%	$500	-	9 Month Share Certificate
1.00%	$1k	-	6 Month Share Certificate

Meridian Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.10%	$1k	-	5 Year IRA Certificate
1.85%^*	$10k^*	-	2 Year IRA Certificate
OTHER TIERS: 1.35% → $1k - $10k
1.70%^*	$25k^*	-	1 Year IRA Certificate
OTHER TIERS: 1.40% → $1k - $25k
1.05%	$500	-	9 Month IRA Certificate
1.00%	$1k	-	6 Month IRA Certificate

Locations

Meridian Credit Union Locations
Branch Office	1206 N Jefferson St	Ottumwa, IA 52501-2020

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.