Sep, 30, 2025 — MERIDIAN POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in MERIDIAN, MS with 1 branch location and about $4.85 million in total assets. Opened 94 years ago in 1932, MERIDIAN POSTAL FEDERAL CREDIT UNION has about 344 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MERIDIAN POSTAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2100 9th St Ste 5 MERIDIAN, MS 39301-5140 |
| Phone: | (601) 693-7413 |
| Fax: | (601) 693-7403 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 344 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24894 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1932 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,852,675 |
| CEO/Manager: | Linda Payne |
| Chairperson: | James W Price |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 299,185 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 59,324 |
| Other Loans | 763,203 |
| TOTAL LOANS | 822,527 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -31,988 |
| Land And Building | 0 |
| Other Fixed Assets | 102 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 37,557 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,852,675 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,855 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,832,805 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,832,805 |
| TOTAL LIABILITIES | 3,837,660 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,015,015 |
| TOTAL EQUITY | 1,015,015 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,852,675 |
| INCOME & EXPENSE | |
| Loan Income | 31,403 |
| Investment Income | 120,564 |
| Other Income | 2,215 |
| Total Employee Compensation & Benefits | 25,147 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 24,942 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,305 |
| Cost of Funds | 88,116 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,681 |
| ↑ Back to Top | |