Meritus Credit Union is headquartered in Lafayette and is the 17th largest credit union in the state of Louisiana. It is also the 1,062nd largest credit union in the nation. It was established in 1954 and as of December of 2021, it had grown to 62 employees and 23,695 members at 4 locations. Meritus Credit Union has an A health rating.
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
Overall | |
---|---|
NCUA # | 9643 |
Year Chartered | 1954 |
Employees | 62 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.45% |
Return on Equity - YTD | 4.63% |
Annual Interest Income | $7.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $263.3MM$236.8MM |
Loans | Q4 2021vs Q4 2020 | $134.1MM$131.4MM |
Deposits | Q4 2021vs Q4 2020 | $232.6MM$206.0MM |
Equity Capital | Q4 2021vs Q4 2020 | $25.4MM$24.1MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $847.00K$480.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $215.00K$528.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.75%* | - | $50k | Kasasa 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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.45%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.05% → Up to $2.5k | 0.15% → $2.5k - $25k | 0.25% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.00%* | - | $15k | Kasasa Cash Checking | ||
OTHER TIERS: 0.24% → $15k+ | |||||
0.01% | $500 | - | Value Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
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 |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
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 Office | 515 Guilbeau Rd | Lafayette, LA 70506-6089 |
Branch Office | 331 Odd Fellows Rd | Crowley, LA 70526-2206 |
Branch Office | 1101 Parkview Dr | New Iberia, LA 70563-2884 |
Branch Office | 724 Veterans Dr | Carencro, LA 70520-3619 |