MERIDIAN

Headquarters

1206 N Jefferson St
Ottumwa, IA 52501
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.60% →
1-Year CD 0.95% 1.35% →
2-Year CD 1.00% 2.65% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Meridian is an NCUA insured institution located in Ottumwa, IA. It was founded in 1952 and has approximately $26.41 millions in assets.

NCUA Insured Yes
Charter Number # # 64212
Date Established 1952
Assets $26.41 million
Loans $11.66 million
Deposits $21.90 million
Capital $4.51 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Davis, Appanoose, Jefferson, Mahaska, Keokuk, Monroe, Van Buren and Wapello Counties in Iowa.

Deposit Rates - June 4, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $25 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $1,000 - Learn More
12 Mo CD
0.75% $1,000 $24,999 Learn More
12 Mo CD
0.95% $25,000 - Learn More
24 Mo CD
1.00% $10,000 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.75% $5 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $1,000 $24,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.20% $1 $9,999 Learn MoreShow Less

Loan Rates - June 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MERIDIAN

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.184% 3.125% 0.75 $1,878 $1,071 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.019% 3.000% 0.25 $625 $1,055 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to MERIDIAN
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Meridian branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Meridian Locations


Financial Details

Meridian Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Meridian. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Meridian U.S. Average
1.09% 5.92

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2019, Meridian had $45,195 in non-current loans and $4,947 in owned assets. To cover these potential losses it had $4,508,103 in net worth and $103,742 in loans loss reserves. That gives it a Texas Ratio of 1.09%.

Net Worth
Meridian U.S. Average
17.07% 13.86%

Meridian FCU has a net worth of 17.07% versus the BestCashCow average of 13.86. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Meridian

Branches and Savings

What is Meridian?

A federal credit union, registered with the NCUA under certificate #64212.
Learn more about credit unions here.

Is Meridian FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Meridian?

Please see Field of Membership information above for information on who is eligible to join.

What are Meridian's share account and share certificate rates?

Meridian's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Meridian?

Meridian has total capital of $4.51 million. Full information on Meridian's financial position is located above.

Who owns Meridian?

Credit Unions are owned by their members.

Where are Meridian branches located?

See branch locations nearby.

Are Meridian ATMs Open 24/7?

Do Meridian ATMs accept cash deposits?

Can Meridian customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Meridian have a mobile app?

Does Meridian have mobile deposit?

Does Meridian have quick pay?

How can Meridian transfer money to other banks or credit unions?

Does Meridian report to credit bureaus?

Does Meridian use Chexsystems?

Does Meridian use Equifax?

What is Meridian's toll free phone number?

What is Meridian's ACH Routing Number?

What is Meridian's SWIFT code?

Where can I find Meridian's wire transfer form?

What is the Meridian address for deposits?

What Products Does Meridian Offer

Does Meridian offer mortgages?

Compare mortgage rates here.

Does Meridian offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Meridian offer auto and RV loans?

Compare auto loan rates here.

Does Meridian offer student loans or personal loans?

Compare personal loan rates here.

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