| Credit Union Charter #24894

Meridian Postal

Mississippi JSON

Institution Profile

Address: P O Box 654 Meridian, MS 39302-0654

(601) 693-7413

NCUA Profile:

View on NCUA →

Charter Date:

1/1/1932

Charter Type:

Federal

Branches:

1

Branches by Region
MS 1

Financial Overview

Total Assets
$4.80M
Total Deposits
$3.78M
Total Loans
$941,300
Members
342
Employees
3 0 Full-time / 3 Part-time
Allowance for Loan Losses
$36,314

Performance Ratios

Net Worth Ratio
21.17%
Loan-to-Deposit Ratio
24.88%
Coverage Ratio
3.86% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: -2.76% Total Deposits: -4.51% Total Loans: -9.98% since 2020 Q1

Member Growth

Member Growth

Members: -25.00% since 2020 Q1

Employee Growth

Employee Growth

Employees: +0.00% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
65
Amount This Year (YTD)
$628,937

Number of Loans per Quarter

Loans Granted: -12.50% since 2020 Q1

Loan Amount per Quarter

Amount Granted: +36.09% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

Used Vehicle
$479,224 50.9%
Other Secured
$238,913 25.4%
New Vehicle
$152,483 16.2%
Other Unsecured
$70,680 7.5%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 342 $4.80M $3.78M $941,300 3
2025 Q3 344 $4.85M $3.83M $822,527 3
2025 Q2 341 $4.93M $3.92M $836,425 3
2025 Q1 343 $4.86M $3.84M $815,311 3
2024 Q4 341 $4.77M $3.76M $833,975 3
2024 Q3 348 $4.73M $3.72M $869,932 3
2024 Q2 349 $4.71M $3.70M $882,923 3
2024 Q1 350 $4.72M $3.72M $874,135 3
2023 Q4 355 $4.77M $3.76M $798,522 3
2023 Q3 358 $4.90M $3.89M $800,337 3
2023 Q2 359 $4.90M $3.90M $881,788 3
2023 Q1 357 $4.96M $3.96M $862,554 2
2022 Q4 362 $5.43M $4.43M $920,204 3
2022 Q3 365 $5.32M $4.32M $845,239 3
2022 Q2 375 $5.42M $4.43M $856,221 3
2022 Q1 383 $5.47M $4.47M $840,381 3
2021 Q4 394 $5.47M $4.47M $910,896 3
2021 Q3 409 $5.41M $4.41M $916,328 3
2021 Q2 411 $5.38M $4.38M $908,907 3
2021 Q1 409 $5.29M $4.29M $912,251 3
2020 Q4 414 $5.32M $4.34M $945,457 3
2020 Q3 422 $5.27M $4.28M $951,090 3
2020 Q2 448 $5.16M $4.17M $972,334 3
2020 Q1 456 $4.94M $3.96M $1.05M 3

Interest Rates

Current average rates by loan type

New Vehicle
4.25%
Used Vehicle
5.33%
Other Unsecured
13.50%