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 1,048th largest credit union in the nation. It was established in 1954 and as of June of 2021, it had grown to 64 employees and 23,468 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

Related Posts

Meritus Credit Union Offers Kasasa Products In 5 Louisiana Parishes - 3/4/2021

Meritus Credit Union (LA) offers its Kasasa Cash Checking, Kasasa Cash Back, and Kasasa Savers accounts in five Acadiana Louisiana parishes.


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Health Grade Components

NCUA #9643
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD0.24%
Return on Equity - YTD2.47%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$259.0MM$226.1MM
LoansQ2 2021vs Q2 2020$130.4MM$136.1MM
DepositsQ2 2021vs Q2 2020$230.2MM$198.5MM
Equity CapitalQ2 2021vs Q2 2020$24.5MM$23.6MM
Loan Loss AllowanceQ2 2021vs Q2 2020$431.00K$589.00K
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$197.00K$407.00K
Real Estate OwnedQ2 2021vs Q2 2020$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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