Back to New Iberia credit unions

Iberia Parish

500 French St, New Iberia, LA 70560
NCUA Insured4.6 (25 reviews)1 charter

Verified Information

NCUA Insured

Member-Owned

1 charter

Established in 1941

Contact this credit union directly for detailed information about membership eligibility and current rates.

Location & Directions

Address

500 French St

New Iberia, LA 70560

Service Area

This credit union is located in New Iberia and serves members in the LA area. Currently serving 245 members.

Membership Info:

Contact the credit union to confirm membership eligibility requirements for your area.

Note on Membership

Credit union membership is based on a common bond. Contact this credit union directly to confirm you qualify for membership.

Financial Health

Q4 2025 · NCUA

Key indicators from NCUA regulatory filings. Tap any metric to learn what it means.

Source: NCUA Federally Insured Credit Unions list, Q4 2025.

Loan Rates

Rates sourced from NCUA call report data (Q4 2025). Contact the credit union for current rates and terms.

Personal Loan

18.00%

Important: Rates are sourced from NCUA call report filings (Q4 2025) and reflect averages reported by the credit union — not guaranteed quotes. Contact the credit union directly for current rates and terms.

Your actual rate will vary based on your credit score, loan term, and financial profile. Personal loans and credit cards tend to see the most variation.

Best Rates in LA

Lowest rates currently reported by credit unions in LA (NCUA Q4 2025).

Rates from NCUA regulatory filings. Contact credit unions directly for current rates.

Branches & Locations(2 total)

Member Reviews

4.6

25 Google reviews

Reviews sourced from Google Maps. Ratings reflect member experiences at this credit union.

View on Google Maps
Kathy Causey

Kathy Causey

9 months ago

My husband and I visit the Meritus Credit Union on a regular basis. We are always greeted with “welcome to your credit union”and lots of smiles. Besides utilizing our checking account and savings account on a regular basis, we’ve gotten a couple of car loans. The loan officer was very helpful, informative, and friendly. The new addition of the Tap cards has been very convenient - quick and easy transactions. We love banking at Meritus credit union!

Amber Martin

Amber Martin

9 months ago

I was helped by Mrs. Rita today. I would like to thank her so much for taking the time to help me. I must say that I am always satisfied with every visit or phone call. I cannot see myself Banking with any other bank. The customer service is always great.

Torie O'Brien

Torie O'Brien

7 years ago

Very professional and friendly. Ms. Troyelle made buying my first car very easy. She was very helpful and explained everything to me. She made follow-up calls and worked with the car dealer so that there was barely any work for me to do. I recommend this place for any loans that you might need!

Jennifer VanMatre

Jennifer VanMatre

6 years ago

I've banked with the Lafayette and Carencro branches for almost 10 years and they have been amazing!! I highly recommend those locations for all banking needs. Started working in New Iberia so I'm forced to utilize this branch......the last THREE times I've been to the New Iberia location, it has been anything but amazing. It's very sad that now because of geography, I will no longer be a member of Meritus. The caliber of tellers is just unacceptable. New Iberia should send their tellers to train in Lafayette or Carencro.

Victoria Briggs

Victoria Briggs

5 years ago

I’ve been banking with the new Iberia location for years and I absolutely love it! Troyelle always has made our experiences the quickest and easiest as possible! All the ladies there are friendly

Contact Tips

Best Time to Call

Weekdays 9am–4pm typically have the shortest wait times for new member inquiries.

What to Ask

  • • Current loan rates & terms
  • • Membership eligibility requirements
  • • Minimum deposit to open an account
  • • Online & mobile banking features

NCUA Insured

Your deposits are federally insured up to $250,000 per account category by the National Credit Union Administration (NCUA).