Overview / Commentary
1206 N Jefferson St
Ottumwa, IA 52501

Meridian Credit Union is headquartered in Ottumwa and is the 50th largest credit union in the state of Iowa. It is also the 3,014th 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


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

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

NCUA #64212
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD3%
Annual Interest Income$872.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$26.8MM$28.4MM
LoansQ4 2018vs Q4 2017$11.7MM$10.5MM
DepositsQ4 2018vs Q4 2017$22.5MM$24.1MM
Equity CapitalQ4 2018vs Q4 2017$4.3MM$4.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$92.00K$100.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$23.00K$60.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$40.00K
Skip to rates for:
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

0.50%--Share IRA
0.20%--Kirby Kangaroo Club
0.20%--CU Succeed Account
0.10%-- Primary Share

Meridian Credit Union Checking Account Rates

0.20%--High Yield Checking
0.05%--Share Draft (Checking)

Meridian Credit Union CD Rates

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

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

Meridian Credit Union Locations
Branch Office1206 N Jefferson StOttumwa, 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.