Miami Postal Service Credit Union is headquartered in Miami and is the 56th largest credit union in the state of Florida. It is also the 1,348th largest credit union in the nation. It was established in 1991 and as of September of 2020, it had grown to 41 employees and 16,582 members at 3 locations. Miami Postal Service Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to postal employees and retirees, employees of the Federal government, and those who live or work within a 15-mile radius of the credit union's three branches.
See current membership details
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1/24 - New Special 9-Month CD Rate at Miami Postal Service Credit Union - Local Only
Okay Credit Union, Down Fall
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.
MPS Credit Union
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 .
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67330 |
| Year Chartered | 1991 |
| Employees | 41 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.13% |
| Return on Equity - YTD | 1.29% |
| Annual Interest Income | $3.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $155.5MM$135.6MM |
| Loans | Q3 2020vs Q3 2019 | $63.1MM$64.5MM |
| Deposits | Q3 2020vs Q3 2019 | $136.2MM$118.4MM |
| Equity Capital | Q3 2020vs Q3 2019 | $15.9MM$15.4MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $736.00K$962.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $277.00K$424.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |