Overview / Commentary
MPS Credit Union is headquartered in Miami and is the 55th largest credit union in the state of Florida. It is also the 1,304th largest credit union in the nation. It was established in 1991 and as of March of 2025, it had grown to 44 employees and 13,253 members at 3 locations. MPS Credit Union has a B+ health rating.
Field of Membership Restrictions
MPS Credit Union is open to those who live, work, or worship in the Florida counties of Broward, Martin, Miami-Dade, Monroe, Palm Beach, or St. Lucie. Current and retired postal employees and Federal Government employees are eligible for membership, as well as immediate family members of a current MPS Credit Union member.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67330 |
| Year Chartered | 1991 |
| Employees | 44 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.49% |
| Return on Equity - YTD | -16.47% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $192.6MM$201.7MM |
| Loans | Q1 2025vs Q1 2024 | $115.5MM$116.2MM |
| Deposits | Q1 2025vs Q1 2024 | $172.7MM$178.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $16.9MM$18.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $935K$1.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $704K$627K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |