Sep, 30, 2025 — MERIDIAN MUTUAL FEDERAL CREDIT UNION is a federal credit union headquartered in MERIDIAN, MS with 2 branch locations and about $64.91 million in total assets. Opened 73 years ago in 1953, MERIDIAN MUTUAL FEDERAL CREDIT UNION has about 7,302 members and employs 25 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 MUTUAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 809 26th Ave MERIDIAN, MS 39301 |
| Phone: | (601) 693-1900 |
| Fax: | (601) 482-5748 |
| Website: | https://www.meridianmutualfcu.com |
| Branches: | 2 branch locations |
| Members: | 7,302 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8433 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $64,913,710 |
| CEO/Manager: | Justin Branstetter |
| Chairperson: | Cliff Partridge, Jr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,878,353 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,762,915 |
| Unsecured Loans | 2,016,320 |
| Other Loans | 19,815,465 |
| TOTAL LOANS | 30,594,700 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -276,438 |
| Land And Building | 1,730,644 |
| Other Fixed Assets | 144,319 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 503,942 |
| All Other Assets | 0 |
| TOTAL ASSETS | 64,913,710 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 63,875 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 79,196 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,553,586 |
| Regular shares | 25,450,805 |
| All Other Shares & Deposits | 20,774,262 |
| TOTAL SHARES & DEPOSITS | 56,778,654 |
| TOTAL LIABILITIES | 56,931,456 |
| Regular Reserve | 0 |
| Other Reserves | -505,466 |
| Undivided Earnings | 8,487,720 |
| TOTAL EQUITY | 7,982,254 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 64,913,710 |
| INCOME & EXPENSE | |
| Loan Income | 1,315,129 |
| Investment Income | 674,256 |
| Other Income | 993,637 |
| Total Employee Compensation & Benefits | 909,666 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,418,447 |
| Non-operating Income & (Expense) | 310,447 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 160,019 |
| Cost of Funds | 479,526 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 325,811 |
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