Meritus Credit Union

Overview / Commentary
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 1,058th largest credit union in the nation. It was established in 1954 and as of June of 2022, it had grown to 68 employees and 24,174 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 Acadia, Iberia, Lafayette, St. Martin, and Vermilion Parishes and immediate family of existing members.
See current membership details


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Health Grade Components

NCUA #9643
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD4.69%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$271.1MM$259.0MM
LoansQ2 2022vs Q2 2021$137.8MM$130.4MM
DepositsQ2 2022vs Q2 2021$240.3MM$230.2MM
Equity CapitalQ2 2022vs Q2 2021$24.1MM$24.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.1MM$431.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$608.00K$197.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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Always verify rates and promotions with the bank or credit union. We are not Meritus 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.

Meritus Credit Union Savings Account Rates

0.75%*-$50kKasasa Saver
OTHER TIERS: 0.24% $50k+
0.01%$100-Share Savings
0.01%$100-Vacation Club
0.01%$100-IRA Share Account
0.01%$100-Christmas Club

Meritus Credit Union Money Market Rates

0.45%*$50k*-Money Market Account
OTHER TIERS: 0.05% Up to $2.5k | 0.15% $2.5k - $25k | 0.25% $25k - $50k

Meritus Credit Union Checking Account Rates

3.00%*-$15kKasasa Cash Checking
OTHER TIERS: 0.24% $15k+
0.01%$500-Value Checking

Meritus Credit Union CD Rates

0.60%$2.5k-36 Month Share Certificate
0.50%$2.5k-24 Month Share Certificate
0.35%$2.5k-12 Month Share Certificate
0.20%$2.5k-6 Month Share Certificate

Meritus Credit Union IRA Rates

0.60%$2.5k-36 Month IRA Share Certificate
0.50%$2.5k-24 Month IRA Share Certificate
0.35%$2.5k-12 Month IRA Share Certificate

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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