Meridian
Meridian is a credit union based in Ottumwa, Iowa, established in 1952, with $35 million in total assets serving 2,113 members. By Trust Grade it ranks 8th of 66 credit unions we track in Iowa. Its net worth ratio of 16.1% is stronger than 62% of similarly sized credit unions, versus a Iowa median of 12.9%. It was profitable over the most recent period, with a 1.01% return on assets. No consumer complaints against Meridian appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Meridian compares to Iowa peers
How we graded Meridian
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.1% capital ratio)
- Strongly profitable (ROA 1.01%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Meridian over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Meridian insured?
Yes. Meridian is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Meridian: frequently asked questions
Is Meridian a good credit union?
Meridian earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.1% capital ratio); Strongly profitable (ROA 1.01%).
Is Meridian NCUA-insured?
Yes. Meridian is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Meridian?
Meridian holds $35 million in total assets, ranking 8th of 66 credit unions we track in Iowa. It serves 2,113 members.
Does Meridian have CFPB complaints?
No CFPB complaints against Meridian appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
