TellerScore

Headquartered in Lafayette, Louisiana, Meritus Federal Credit Union is a federal credit union with $246.0M in total assets and $208.8M in member shares and deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1954.

Based on its Q2 2026 filing, Meritus Federal Credit Union scores 68/100, which we describe as moderate. That is higher than only 45% of 1,341 credit unions with $100 million – $1 billion. Among 136 credit unions headquartered in Louisiana, it ranks 74th. Its strongest component is problem-loan coverage (93/100; 3.7%), and its lowest is earnings (14/100; -0.15%).

TellerScore · Q2 2026

Scorecard

Capital cushion82/100
Net worth ratio: 13.24%
Loan quality78/100
Loans 60+ days delinquent ÷ total loans: 0.67%
Earnings14/100
Return on assets (annualized): -0.15%
Funding & liquidity81/100
Loans ÷ shares: 79.2% · 1.1% uninsured
Problem-loan coverage93/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 3.71%

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 fell 2 points (70 → 68), mostly because the funding & liquidity component weakened by 4 points.

TellerScore
687275Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202475
Q3 202473
Q4 202473
Q1 202570
Q2 202570
Q3 202568
Q4 202571
Q1 202672
Q2 202668
Net worth ratio
7.00%10.21%13.42%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202413.30%
Q3 202413.38%
Q4 202413.42%
Q1 202512.89%
Q2 202513.02%
Q3 202513.10%
Q4 202513.39%
Q1 202613.16%
Q2 202613.24%
Delinquent loans (60+ days)
0.37%0.56%0.75%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.37%
Q3 20240.59%
Q4 20240.59%
Q1 20250.48%
Q2 20250.57%
Q3 20250.64%
Q4 20250.75%
Q1 20260.53%
Q2 20260.67%
Return on assets
-0.21%0.04%0.28%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.17%
Q3 20240.20%
Q4 20240.28%
Q1 2025-0.10%
Q2 2025-0.09%
Q3 2025-0.21%
Q4 20250.18%
Q1 20260.10%
Q2 2026-0.15%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202668$246.0M13.24%0.67%-0.15%79.2%
Q1 202672$249.5M13.16%0.53%0.10%77.1%
Q4 202571$244.8M13.39%0.75%0.18%78.1%
Q3 202568$243.9M13.10%0.64%-0.21%76.3%
Q2 202570$247.4M13.02%0.57%-0.09%75.1%
Q1 202570$250.4M12.89%0.48%-0.10%73.8%
Q4 202473$240.9M13.42%0.59%0.28%76.9%
Q3 202473$239.3M13.38%0.59%0.20%78.3%
Q2 202475$239.6M13.30%0.37%0.17%76.3%

1,341 peers · $100 million – $1 billion

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 ratio13.24%
72nd
Problem loans0.67%
51st
Net charge-offs0.82%
15th
Return on assets-0.15%
3rd
Loans to deposits79.2%
42nd
Uninsured deposits1.1%
95th
Loan-loss reserves0.00%
50th
Texas ratio3.7%
53rd

Similar-size credit unions in Louisiana

InstitutionScoreAssetsCapitalProblem loansCompare
Bossier Federal Credit UnionCredit union Bossier City, LA54 out of 100, Below average$245.4M10.6%2.25%vs
Aneca Federal Credit UnionCredit union Shreveport, LA63 out of 100, Moderate$274.0M12.5%1.21%vs
The New Orleans Firemen'S Federal Credit UnionCredit union Metairie, LA58 out of 100, Moderate$283.9M11.7%1.19%vs
Southwest Louisiana Credit UnionCredit union Lake Charles, LA70 out of 100, Strong$182.6M15.8%1.45%vs
Riverland Federal Credit UnionCredit union New Orleans, LA78 out of 100, Strong$319.7M15.8%0.55%vs
Jefferson Parish Employees Federal Credit UnionCredit union Harahan, LA76 out of 100, Strong$166.1M13.4%0.44%vs

Deposit insurance

Is my money safe at Meritus Federal Credit Union?

Yes. Meritus Federal Credit Union is a federally insured credit union (NCUA charter #9643). 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 1.1% of shares and deposits ($2.4M) are above the $250,000 NCUA insurance limit, below the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 13.24%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

3 locations

Branches

Meritus Federal Credit Union lists 3 offices in 3 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Meritus Federal Credit Union reported 76 home-loan applications under HMDA (LEI 549300333JQWIP8NLK67): 36 originated ($6,030,000 total), 18 denied, and 12 withdrawn or closed by the applicant. Its denial rate on decided applications was 28.1%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Meritus Federal Credit Union
Type
Federal credit union
NCUA charter #
9643
RSSD ID
905383
Primary regulator
NCUA
Established
1954
Headquarters
515 Guilbeau Rd, Lafayette, LA 70506
Employees
76

Quick answers

Meritus Federal Credit Union: common questions

Is Meritus Federal Credit Union NCUA insured?

Yes. Meritus Federal Credit Union is a federally insured credit union (NCUA charter #9643). 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 Meritus Federal Credit Union's TellerScore?

68 out of 100 (Moderate), 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 Meritus Federal Credit Union have?

3 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Lafayette

InstitutionScoreAssetsCapitalProblem loansCompare
Acadiana Medical Federal Credit UnionCredit union Lafayette, LA92 out of 100, Very strong$13.5M25.5%0.00%vs
South Louisiana BankBank Houma, LA91 out of 100, Very strong$659.8M15.3%0.45%vs
Gulf Coast BankBank Abbeville, LA86 out of 100, Very strong$513.7M14.7%0.63%vs
Currency BankBank Baton Rouge, LA86 out of 100, Very strong$248.5M13.4%0.14%vs
Bayou Federal Credit UnionCredit union Baton Rouge, LA84 out of 100, Strong$82.5M15.9%0.30%vs
Acadian Federal Credit UnionCredit union Lafayette, LA83 out of 100, Strong$20.9M11.9%0.02%vs