MERIDIAN Credit Union Profile

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MERIDIAN

Charter #64212 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (641) 684-4207

Fax: (641) 684-5557

Founding Date: N/A

Website: http://www.mymeridiancu.org

Personnel & Operations

President: Allison, Steve

Manager: Hall, Josh

FT Employees: 6

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: M-W 8:00 am to 4:30 pmTh-F 8:00 am to 5:0

Credit Union Profile Summary

MERIDIAN is a FISCU Credit Union. With a total of 2,076 members [1], this institution manages approximately $33,691,670 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 16.16% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.54% [1].

Financial Snapshot

Total Assets [1]
$33,691,670

Total economic resources.

Total Loans [1]
$13,741,480

Total value of outstanding loans.

Total Deposits [1]
$28,212,792

Total funds deposited by members.

Members [1]
2,076

Number of active members.

Performance Ratios

Net Worth Ratio [1]
16.16%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.72%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
48.71%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -0.41%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -1.54%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -3.84%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1206 N Jefferson St

Ottumwa, IA, 52501-2020
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by MERIDIAN (Charter #64212).

Main Office

Meridian Credit Union Main Office

Type: Corporate Office

1206 N Jefferson St

Ottumwa, IA 52501-2020

Phone: (641) 684-4207

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Ottumwa

River Community Credit Union

Type: Branch Office

644 W 2nd St

Ottumwa, IA 52501-2358

Phone: (641) 684-6302

Services: None specified

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