Credit Union Safety Analysis
Is Meridian Credit Union Safe? Ottumwa, Iowa
Based on its Q2 2026 NCUA 5300 call report, Meridian Credit Union has a net worth ratio of 16.74%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.14%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Meridian Credit Union's net worth ratio is 16.74%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 16.74%
- Delinquency ratio (60+ days) (Q2 2026): 0.14%
- Return on assets (Q2 2026): 1.01%
- Loan-to-share ratio (Q2 2026): 46.33%
Meridian Credit Union (NCUA charter 64212, established 1952) reported $34.4M in assets and 2,115 members for Q2 2026 from Ottumwa, Iowa. It ranks 44 of 65 credit unions in Iowa by total assets. Total assets grew 2.0% from $33.7M on June 30, 2025. It has 39 more members than on June 30, 2025 (+1.9%). Its net worth ratio was up 0.58 percentage points from 16.16% on June 30, 2025. Commercial loans are its largest loan category, $3.8M of $13.2M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.14% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 2,479 credit unions with under $100M in assets: 14.31%; middle half of peers: 11.14% to 19.38%.
Earlier filings: 16.12% for Q1 2026; 16.16% for Q2 2025.
Median of the 2,162 credit unions with under $100M in assets: 0.86%; middle half of peers: 0.35% to 1.93%.
Earlier filings: 0.37% for Q1 2026; 0.91% for Q2 2025.
Median of the 2,477 credit unions with under $100M in assets: 0.72%; middle half of peers: 0.16% to 1.30%.
Earlier filings: 1.01% for Q1 2026; 0.58% for Q2 2025.
Median of the 2,470 credit unions with under $100M in assets: 58.92%; middle half of peers: 42.33% to 75.81%.
Earlier filings: 44.29% for Q1 2026; 48.71% for Q2 2025.
Loans by type, Q2 2026
- Commercial loans: $3.8M
- Used vehicle loans: $3.2M
- 1- to 4-family residential and other consumer real estate loans: $2.6M
- Other unsecured loans and lines of credit: $1.3M
- New vehicle loans: $1.1M
- Other secured non-real estate loans and lines of credit: $1.1M
- Unsecured credit card loans: $143K
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $34.4M | 16.74% | 0.14% | 1.01% | 46.33% |
| March 31, 2026 | $35.1M | 16.12% | 0.37% | 1.01% | 44.29% |
| December 31, 2025 | $33.7M | 16.53% | 0.36% | 0.59% | 48.49% |
| September 30, 2025 | $33.2M | 16.64% | 0.85% | 0.99% | 50.67% |
| June 30, 2025 | $33.7M | 16.16% | 0.91% | 0.58% | 48.71% |
| March 31, 2025 | $35.3M | 15.27% | 0.41% | 0.83% | 44.14% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Regulator records: NCUA credit union profile (charter 64212) · FFIEC NIC profile (RSSD 190992)
Frequently asked questions
Is Meridian Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Meridian Credit Union's net worth ratio is 16.74%, above the 7% NCUA threshold for well capitalized.
Is Meridian Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Meridian Credit Union is a federally insured credit union (NCUA charter 64212): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Meridian Credit Union's key safety ratios?
For Q2 2026, Meridian Credit Union reports net worth 16.74%, delinquency 0.14%, ROA 1.01%, loan-to-share 46.33%.
What happens to my money if Meridian Credit Union fails?
For Q2 2026, Meridian Credit Union held $28.6M in shares and deposits for 2,115 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.