Meritrust Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.10% | 5-year CD | 5 Year Share CD 1.85% - Synchrony Bank 60 Month CD |
| 1.65% | 3-year CD | 3 Year Share CD 1.55% - Ally Bank High Yield 3 Year CD |
| 0.80% | 1-year CD | 1 Year Share CD 1.05% - Ally Bank High Yield 12-Month CD |
Meritrust Credit Union is headquartered in Wichita and is the 2nd largest credit union in the state of Kansas. It is also the 210th largest credit union in the nation. It was established in 1935 and as of June of 2016, it had grown to 286 employees and 87,733 members at 16 locations. Meritrust Credit Union has an A health rating.
Field of Membership Restrictions
MeriTrust Credit Union of Kansas is open to the residents, church members, and the people that maintain employment within the qualified locations that are listed on the credit union website, along with their family members. Membership eligibility also extends to include the current and retired employees, associated employees, and the affiliated subsidiary employees of the Boeing Company along with its subsidiary departments/facilities and/or affiliated companies, Spirit Aero Sysytems Inc., members of the credit union approved and/or affiliated organizations (i.e. the Boeing Employees Association, the Boeing Employees Motorcycle Club, etc.), as well as the employees of the Boeing Employees Association in Wichita, and the credit union employees.
See current membership details
Related Posts
Nothing But Good Experiences
When I moved halfway across the country five years ago, one of the first decisions I had to make was regarding a new bank. After weighing the pros and cons of many options, I ultimately decided to go with a credit union. The biggest reason was the higher interest rates for savings accounts, and the fact that credit unions are non-profit.
Meritrust Credit Union looked to me like the best bet, and after five years there, I still have nothing but good things to say about them. While their customer service was really good, that wasn't a very big concern for me after all, I feel like I'd only interact with them a couple times a year at most. Meritrust also allows me to create a savings account with a higher interest rate (that I can't withdraw from) specifically for things like Christmas funds or vacation funds. I can deposit into it throughout the year and at a specific day of the year it'll be moved back to my checking account and ready to use. That has helped me with budgeting for Christmas, as it ensures I have enough money set aside specifically for that purpose.
They've also helped me transfer my car loan over to them which, while I'm not entirely sure how much I saved in interest, it was an easy enough process that even a dollar saved made it worth it.
Meritrust Is Great!
I have had accounts here for over 15 years. I have checking, saving, and loan accounts, and have never had a problem. They are very helpful whenever you do have a question. They charge no fees for checking and no minimum balance. The reward program is great.
Worst Bank Ever
Do not bank with them and absolutely do not get an auto loan with them. Do your research for a decent bank!
Great Credit Union
I was a member for about 2 years at this Credit Union, I had one or two issues with a my account and they solved them in a very timely matter. First, a merchant had double charged me for a meal and caused me to overdraw. The credit union refunded all of my NSF fees, although I did have to return to the merchant for the refund of the charge itself. Second, by my error, I mis-entered a deposit into an ATM. This was at night, and realized my mistake in the morning, but when I logged on to my bank account, they had already corrected it. I was extremely pleased with this credit union and only closed my account because I moved.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63283 |
| Year Chartered | 1935 |
| Employees | 286 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 6% |
| Annual Interest Income | $24.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $1.19B$989.5MM |
| Loans | Q2 2016vs Q2 2015 | $1.06B$839.2MM |
| Deposits | Q2 2016vs Q2 2015 | $991.9MM$830.3MM |
| Equity Capital | Q2 2016vs Q2 2015 | $110.7MM$103.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $9.2MM$6.7MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $4.3MM$3.7MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$166.00K |
Always verify rates and promotions with the bank or credit union. We are not Meritrust 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.
Meritrust Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.65% | - | - | IRA Share | ||
| 0.65% | - | - | Roth IRA Shares | ||
| 0.65% | - | - | CESA Share | ||
| 0.20%* | - | $10k | Christmas Club | ||
| OTHER TIERS: 0.05% → $10k+ | |||||
| 0.20%* | - | $10k | Vacation Club | ||
| OTHER TIERS: 0.05% → $10k+ | |||||
| 0.05%* | $500* | - | Membership Savings | ||
| OTHER TIERS: 0.03% → $100 - $500 | |||||
| 0.05%* | $500* | - | Millionaires Club | ||
| OTHER TIERS: 0.03% → Up to $500 | |||||
| 0.05%* | $500* | - | College and Careers | ||
| OTHER TIERS: 0.03% → $100 - $500 | |||||
| 0.05%* | $500* | - | My Money Zone | ||
| OTHER TIERS: 0.03% → Up to $500 | |||||
Meritrust Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $150k* | - | Elite Money Market | ||
| OTHER TIERS: 0.20% → $2,500 - $10k | 0.25% → $10k - $25k | 0.30% → $25k - $50k | 0.35% → $50k - $75k | 0.40% → $75k - $100k | 0.45% → $100k - $150k | |||||
| 0.40%* | $150k* | - | Advantage Money Market | ||
| OTHER TIERS: 0.10% → $2,500 - $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | 0.25% → $50k - $75k | 0.30% → $75k - $100k | 0.35% → $100k - $150k | |||||
| 0.20%* | $100k* | - | Pinnacle Select Money Market | ||
| OTHER TIERS: 0.05% → Up to $2,500 | 0.10% → $2,500 - $100k | |||||
Meritrust Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.05%* | $50k* | - | Roam Free Checking | ||
| OTHER TIERS: 0.02% → $1k - $10k | 0.03% → $10k - $50k | |||||
| 0.05%* | $50k* | - | Green Account | ||
| OTHER TIERS: 0.02% → $1k - $10k | 0.03% → $10k - $50k | |||||
Meritrust Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | $500 | - | 5 Year Share CD | |
| 1.65% | $500 | - | 3 Year Share CD | |
| 1.20% | $500 | - | 2 Year Share CD | |
| 1.00% | $500 | - | 18 Month Share CD | |
| 0.80% | $500 | - | 1 Year Share CD | |
| 0.55% | $500 | - | 6 Month Share CD | |
| 0.40% | $500 | - | 3 Month Share CD |
Meritrust Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10% | $500 | - | 5 Year Share IRA | |
| 1.65% | $500 | - | 3 Year Share IRA | |
| 1.20% | $500 | - | 2 Year Share IRA | |
| 1.00% | $500 | - | 18 Month Share IRA | |
| 0.80% | $500 | - | 1 Year Share IRA | |
| 0.55% | $500 | - | 6 Month Share IRA | |
| 0.40% | $500 | - | 3 Month Share IRA |
Meritrust Credit Union has 16 locations. Click to view all Meritrust Credit Union locations.