TellerScore

Meridian Credit Union (NCUA charter #64212) is based in Ottumwa, Iowa. Its Q2 2026 call report shows $34.4M in total assets and $28.6M in member shares and deposits and 2 offices.

Meridian Credit Union has a TellerScore of 91 out of 100 (very strong) based on Q2 2026 data — higher than 90% of its 2,479 credit unions with under $100 million in assets. Among 66 credit unions headquartered in Iowa, it ranks 8th. Capital cushion contributes the most (100/100, 16.74%); earnings contributes the least (61/100, 1.02%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Net worth ratio: 16.74%
Loan quality95/100
Loans 60+ days delinquent ÷ total loans: 0.14%
Earnings61/100
Return on assets (annualized): 1.02%
Funding & liquidity100/100
Loans ÷ shares: 46.3% · 2.1% uninsured
Problem-loan coverage99/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 0.54%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 9 points (82 → 91), mostly because the loan quality component improved by 25 points.

TellerScore
828893Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202487
Q3 202493
Q4 202488
Q1 202587
Q2 202582
Q3 202583
Q4 202587
Q1 202689
Q2 202691
Net worth ratio
7.00%11.87%16.74%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202415.27%
Q3 202415.87%
Q4 202415.52%
Q1 202515.27%
Q2 202516.16%
Q3 202516.64%
Q4 202516.53%
Q1 202616.12%
Q2 202616.74%
Delinquent loans (60+ days)
0.00%0.45%0.91%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.46%
Q3 20240.00%
Q4 20240.36%
Q1 20250.41%
Q2 20250.91%
Q3 20250.85%
Q4 20250.36%
Q1 20260.37%
Q2 20260.14%
Return on assets
0.73%0.91%1.09%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.93%
Q3 20241.09%
Q4 20240.92%
Q1 20250.83%
Q2 20250.73%
Q3 20250.82%
Q4 20250.75%
Q1 20261.01%
Q2 20261.02%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202691$34.4M16.74%0.14%1.02%46.3%
Q1 202689$35.1M16.12%0.37%1.01%44.3%
Q4 202587$33.7M16.53%0.36%0.75%48.5%
Q3 202583$33.2M16.64%0.85%0.82%50.7%
Q2 202582$33.7M16.16%0.91%0.73%48.7%
Q1 202587$35.3M15.27%0.41%0.83%44.1%
Q4 202488$34.3M15.52%0.36%0.92%45.2%
Q3 202493$33.3M15.87%0.00%1.09%48.2%
Q2 202487$33.8M15.27%0.46%0.93%48.7%

2,479 peers · Under $100 million in assets

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio16.74%
64th
Problem loans0.14%
77th
Net charge-offs0.48%
28th
Return on assets1.02%
68th
Loans to deposits46.3%
69th
Uninsured deposits2.1%
44th
Loan-loss reserves0.00%
37th
Texas ratio0.5%
74th

Similar-size credit unions in Iowa

InstitutionScoreAssetsCapitalProblem loansCompare
Holy Ghost Parish Credit UnionCredit union Dubuque, IA71 out of 100, Strong$34.9M9.8%0.00%vs
River Community Credit UnionCredit union Ottumwa, IA92 out of 100, Very strong$30.4M15.8%0.06%vs
Iowa Heartland Credit UnionCredit union Mason City, IA77 out of 100, Strong$30.3M17.0%0.42%vs
Casebine Community Credit UnionCredit union Burlington, IA95 out of 100, Very strong$29.1M22.5%0.08%vs
Aegis Credit UnionCredit union Clinton, IA77 out of 100, Strong$27.3M17.6%1.83%vs
Fort Dodge Family Credit UnionCredit union Fort Dodge, IA63 out of 100, Moderate$41.5M12.9%1.86%vs

Deposit insurance

Is my money safe at Meridian Credit Union?

Yes. Meridian Credit Union is a federally insured credit union (NCUA charter #64212). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 2.1% of shares and deposits ($590K) are above the $250,000 NCUA insurance limit, close to the peer median of 1%. Insured balances are protected regardless of the score.

The net worth ratio is 16.74%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

2 locations

Branches

Meridian Credit Union lists 2 offices in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Meridian Credit Union
Type
Federally insured state-chartered credit union
NCUA charter #
64212
RSSD ID
190992
Primary regulator
State + NCUA
Established
1952
Headquarters
1206 N Jefferson St, Ottumwa, IA 52501
Employees
5

Quick answers

Meridian Credit Union: common questions

Is Meridian Credit Union NCUA insured?

Yes. Meridian Credit Union is a federally insured credit union (NCUA charter #64212). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Meridian Credit Union's TellerScore?

91 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Meridian Credit Union have?

2 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Ottumwa

InstitutionScoreAssetsCapitalProblem loansCompare
Success BankBank Bloomfield, IA79 out of 100, Strong$277.1M12.2%0.33%vs
South Ottumwa Savings BankBank Ottumwa, IA77 out of 100, Strong$565.4M13.0%0.83%vs
First State BankBank Lynnville, IA75 out of 100, Strong$384.2M9.8%0.21%vs
Pilot Grove Savings BankBank Pilot Grove, IA74 out of 100, Strong$1.2B8.8%0.13%vs
Leighton State BankBank Pella, IA74 out of 100, Strong$298.2M11.0%0.79%vs
The Libertyville Savings BankBank Fairfield, IA73 out of 100, Strong$384.1M11.0%0.90%vs