MERIDIAN MUTUAL

Headquarters

PO Box 310
Meridian, MS 39302
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 1.40% →
1-Year CD 0.40% 1.15% →
2-Year CD 0.50% 1.26% →
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 Mutual is an NCUA insured institution located in Meridian, MS. It was founded in 1953 and has approximately $39.14 millions in assets.

NCUA Insured Yes
Charter Number # # 8433
Date Established 1953
Assets $39.14 million
Loans $12.67 million
Deposits $34.16 million
Capital $6.09 million
 

Field of Membership Restrictions

Membership in Meridian Mutual Federal Credit Union is open to those who live, work, attend school or worship in Lauderdale County in Mississippi.

Deposit Rates - July 4, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.35% $2,500 $19,999 Learn More
Money Market
0.20% $2,500 $9,999 Learn More
Money Market
0.25% $10,000 $19,999 Learn More
Money Market
0.30% $20,000 $49,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.30% $1,000 - Learn More
12 Mo CD
0.40% $1,000 - Learn More
18 Mo CD
0.45% $1,000 - Learn More
24 Mo CD
0.50% $1,000 - Learn More
30 Mo CD
0.55% $1,000 - Learn More
36 Mo CD
0.65% $1,000 - Learn More
48 Mo CD
0.75% $1,000 - Learn More

Loan Rates - July 4, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MERIDIAN MUTUAL

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



Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info

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



Branches

Below are Meridian Mutual 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:
Fairfield,Connecticut


Meridian Mutual Locations


Financial Details

Meridian Mutual Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Meridian Mutual. 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 Mutual U.S. Average
4.21% 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 Mutual had $233,345 in non-current loans and $25,000 in owned assets. To cover these potential losses it had $6,088,065 in net worth and $55,096 in loans loss reserves. That gives it a Texas Ratio of 4.21%.

Net Worth
Meridian Mutual U.S. Average
15.55% 13.86%

Meridian Mutual FCU has a net worth of 15.55% 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 Mutual

Branches and Savings

What is Meridian Mutual?

A federal credit union, registered with the NCUA under certificate #8433.
Learn more about credit unions here.

Is Meridian Mutual 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 Mutual?

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

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

Meridian Mutual'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 Mutual?

Meridian Mutual has total capital of $6.09 million. Full information on Meridian Mutual's financial position is located above.

Who owns Meridian Mutual?

Credit Unions are owned by their members.

Where are Meridian Mutual branches located?

See branch locations nearby.

Are Meridian Mutual ATMs Open 24/7?

Do Meridian Mutual ATMs accept cash deposits?

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

Does Meridian Mutual have a mobile app?

Does Meridian Mutual have mobile deposit?

Does Meridian Mutual have quick pay?

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

Does Meridian Mutual report to credit bureaus?

Does Meridian Mutual use Chexsystems?

Does Meridian Mutual use Equifax?

What is Meridian Mutual's toll free phone number?

What is Meridian Mutual's ACH Routing Number?

What is Meridian Mutual's SWIFT code?

Where can I find Meridian Mutual's wire transfer form?

What is the Meridian Mutual address for deposits?

What Products Does Meridian Mutual Offer

Does Meridian Mutual offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Meridian Mutual offer auto and RV loans?

Compare auto loan rates here.

Does Meridian Mutual offer student loans or personal loans?

Compare personal loan rates here.

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