MPS Credit Union is headquartered in Miami and is the 56th largest credit union in the state of Florida. It is also the 1,372nd largest credit union in the nation. It was established in 1991 and as of December of 2022, it had grown to 39 employees and 13,283 members at 3 locations. MPS Credit Union's CD rates are 3X the national average, and it has an A health rating.
MPS Credit Union is open to those who live, work or worship in Broward, Miami-Dade, Monroe, or Palm Beach counties. Current and retired postal employees and Federal Government employees are eligible for membership, as well as immediate family members.
See current membership details
It a nice credit union with good interest but only down fall is the check card limit is only three uses allowed per month at non MPS location after that it is 1.00 charge. after i established and read that in agreement. The representative didn't tell me that restrict or show me the fee I regret opening the account. the location are bit far from me. it does allow shared branch but the local credit union around me. I dont like them everytime i go there its an issue with them trying to find my account and giving me around this is at WE FLORIDA.
I have been a member of Miami postal service credit union for a couple years now . They are one of the credit unions that has the lowest interest rate loans or automobile loans . The account number is easy to remember because it has only five digits . This downside of the credit union is that they're not conveniently located everywhere I believe in Florida they have approximately 2 to 3 locations . I have a savings account with them including CDs which have the highest interest rate .
Overall | |
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NCUA # | 67330 |
Year Chartered | 1991 |
Employees | 39 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.75% |
Return on Equity - YTD | 7.85% |
Annual Interest Income | $5.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2022vs Q4 2021 | $171.7MM$167.4MM |
Loans | Q4 2022vs Q4 2021 | $95.9MM$72.3MM |
Deposits | Q4 2022vs Q4 2021 | $152.3MM$146.4MM |
Equity Capital | Q4 2022vs Q4 2021 | $16.2MM$18.7MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $777.00K$503.00K |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $495.00K$277.00K |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not MPS Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.40% | - | - | IRA Savings Account | |
0.05% | - | - | Regular Share | |
0.05% | - | - | Youth Share | |
0.05% | - | - | Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.56% | $1k | - | 60 Month IRA | |
3.35% | $1k | - | 36 Month IRA | |
3.30% | $1k | - | 24 Month IRA | |
3.25% | $1k | - | 18 Month IRA | |
2.99% | $1k | - | 12 Month IRA | |
2.02% | $1k | - | 9 Month IRA | |
1.97% | $1k | - | 6 Month IRA |
MPS Credit Union Locations | ||
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Branch Office | 12677 S Dixie Hwy Southpark Center | Pinecrest, FL 33156-5958 |
Branch Office | 6171 NW 183rd St | Hialeah, FL 33015-6030 |
Branch Office | 2190 NW 72nd Ave | Miami, FL 33122-1824 |