Meritus Credit Union


Overview / Commentary
377-989-2800
515 Guilbeau Rd
Lafayette, LA 70506

Meritus Credit Union is headquartered in Lafayette and is the 17th largest credit union in the state of Louisiana. It is also the 1,133rd largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 73 employees and 24,691 members at 4 locations. Meritus Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in the Louisiana parishes of Acadia, Iberia, Lafayette, St. Martin, and Vermilion. Immediate family of existing members are also eligible to join.
See current membership details

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Health
A+

Health Grade Components

Overall
NCUA #9643
Year Chartered1954
Employees73
Primary Regulator
Profit Margin
Return on Assets - YTD-0.1%
Return on Equity - YTD-0.8%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$250.4MM$240.7MM
LoansQ1 2025vs Q1 2024$158.5MM$153.7MM
DepositsQ1 2025vs Q1 2024$214.9MM$208.1MM
Equity CapitalQ1 2025vs Q1 2024$30.1MM$27.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$445K$559K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$763K$560K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Meritus Credit Union Locations
Branch Office515 Guilbeau RdLafayette, LA 70506-6089
Branch Office331 Odd Fellows RdCrowley, LA 70526-2206
Branch Office1101 Parkview DrNew Iberia, LA 70563-2884
Branch Office724 Veterans DrCarencro, LA 70520-3619

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