MERITUS Credit Union Profile

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MERITUS

Charter #9643 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (337) 989-2800

Fax: (337) 989-2816

Founding Date: N/A

Website: http://www.merituscu.net

Personnel & Operations

President: Henderson, Dale

Manager: Leger, Brian

FT Employees: 76

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 4

Hours: 8:30 TO 5:00

Credit Union Profile Summary

MERITUS is a FCU Credit Union. With a total of 23,950 members [1], this institution manages approximately $247,438,854 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 13.02% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.92% [1].

Financial Snapshot

Total Assets [1]
$247,438,854

Total economic resources.

Total Loans [1]
$158,825,061

Total value of outstanding loans.

Total Deposits [1]
$211,619,404

Total funds deposited by members.

Members [1]
23,950

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.02%

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]
-0.09%

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

Loan-to-Share Ratio [1]
75.05%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
3.29%

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

Loan Growth (4Q) [1]
0.92%

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

Member Growth (4Q) [1]
-3.21%

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

Headquarters Location & Map

Headquarters Address

515 GUILBEAU RD

LAFAYETTE, LA, 70506-6089

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 5 branches reported by MERITUS (Charter #9643).

Main Office

Meritus FCU Main Office Main Office

Type: Corporate Office

515 Guilbeau Rd

Lafayette, LA 70506-6089

Phone: (337) 989-2800

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Carencro

Meritus FCU Carencro Branch

Type: Branch Office

724 Veterans Dr

Carencro, LA 70520-3619

Phone: (337) 896-9200

Services: Member Services, ATM, Drive-Thru

Open in Directions

Crowley

Meritus FCU Acadia Branch

Type: Branch Office

331 Odd Fellows Rd

Crowley, LA 70526-2206

Phone: (337) 785-0810

Services: Member Services, ATM, Drive-Thru

Open in Directions

Lafayette

Meritus FCU Acadiana High School Branch

Type: Branch Office

315 Rue Du Belier

Lafayette, LA 70506

Phone: (337) 981-2839

Services: Member Services

Open in Directions

New Iberia

Meritus FCU Iberia Branch

Type: Branch Office

1101 Parkview Dr

New Iberia, LA 70563-2884

Phone: (337) 335-1100

Services: Member Services, ATM, Drive-Thru

Open in Directions