# MERIDIAN MUTUAL
Meridian, MS · NCUA charter 8433 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/meridian-mutual-8433

Who the members are: federal charter, community charter, organized 1953, low-income designated. 7,606 members of 81,000 potential (9.4% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $70.6M |
| Members | 7,606 (8.3% YoY) |
| Full-time staff | 22 |
| Net worth | $8.7M |
| Net worth ratio | 12.3% (p44 of band) |
| ROA (annualized) | 0.33% (p30 of band) |
| Total delinquency | 0.96% (p70 of band) |
| Net charge-offs (annualized) | 0.16% (p40 of band) |
| Loans / shares | 53% (p36 of band) |
| Cash / assets | 38.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.03% (p19 of band) |
| Operating expense / assets | 4.71% (p82 of band) |
| Vehicles % of loans | 55% (p68 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.79% (p62 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 31% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 27% |
| Average share balance | $4,317 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $11,047 |
| Loans granted, annualized | $18.4M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 0 |  | delinquency rising |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 2 | charge-offs p90 |  |
| 2018-06 | 2 | delinquency 2x band | charge-offs p90 |
| 2018-09 | 0 |  | delinquency rising, delinquency 2x band |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 1 | members leaving | net worth falling |
| 2019-09 | 0 |  | members leaving |
| 2019-12 | 2 | delinquency rising, members leaving |  |
| 2020-03 | 1 |  | delinquency rising |
| 2020-06 | 1 | margin squeeze | members leaving |
| 2020-09 | 4 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2020-12 | 5 | loan book shrinking |  |
| 2021-03 | 4 |  | loan book shrinking |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 1 |  | delinquency 2x band, delinquency rising |
| 2021-12 | 2 | net worth falling |  |
| 2022-03 | 2 | delinquency 2x band | margin squeeze |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 2 | delinquency rising |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | delinquency rising |
| 2023-06 | 4 | delinquency rising, assets shrinking, auto monoline |  |
| 2023-09 | 2 |  | delinquency rising, assets shrinking |
| 2023-12 | 1 |  | delinquency 2x band |
| 2024-03 | 2 | net worth falling |  |
| 2024-06 | 0 |  | auto monoline, net worth falling |
| 2024-09 | 0 |  |  |
| 2024-12 | 2 | delinquency 2x band, delinquency rising |  |
| 2025-03 | 3 | net worth falling, losing money, charge-offs p90 | delinquency 2x band, delinquency rising |
| 2025-06 | 3 | delinquency 2x band, delinquency rising | losing money, charge-offs p90 |
| 2025-09 | 1 |  | net worth falling, delinquency 2x band |
| 2025-12 | 0 |  | delinquency rising |
| 2026-03 | 1 | net worth falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-10-17 [Annual shred day held at Meridian Mutual - WTOK](https://news.google.com/rss/articles/CBMiekFVX3lxTE00QXJGdHZnYktNSWY5VU5reE9HMnc2c2FJeWRDUHdUNWd6cnlxYUkybDlXUF9pVlVzOGttZUIxaDdqWWhDa0R4NkdEQllyRmF6ZUZ0X05WWjA1QWVobmlhbUVqQkdIbTc5MTQzaUhVUkhhRlB2cHc5Yjd30gGOAUFVX3lxTE9EMFlOU01PVUhRenJtTlByY21UVGlSYW1yd0lCRnAtMUpXdXluLWdVeFZqV1BCR2NQcGREYjNqZkVjOVI4N0dJdjBxWlYxblp5emRrX2dOM2FoS2g0RkIxbXJNcmdCQVE5RG9YcnVaeDhOaFBqMkpWZDVOV2JYaXlMejNZM25lVDRDcFM5ckE?oc=5) · WTOK
- 2025-07-21 [Meridian Mutual opens new branch on North Hills - Meridian Star](https://news.google.com/rss/articles/CBMijAFBVV95cUxNZ1cwVEFZVW9QblNCWV9ER01ZNHBvZTJIRm9lc1NoUVZxT2tOWkNIUnl4UGJ2c1NfSS1mMWh1MnZUOXkycTNjUk4yM1NoUFR1RDFzQktUeG9OWnJaRFdNeHd0LXhTaWdhRmxCVE9yeUE2QWFQWERXU2J5U3YxTS04VERDOUowWDE1NFl3Zw?oc=5) · Meridian Star
- 2025-07-18 [Meridian Mutual FCU adds New Facility - WTOK](https://news.google.com/rss/articles/CBMiekFVX3lxTFBEOS1FV3QtTFNtRVh5UFpwTmx2cFkzRlRGRF8wbVExckxMeVhvR2dRdjNmY180R2tkTFNmMmFXNGtodG9zLW1sMWNzXzh3WS1yYlF1RVM0SnNQZng1bmxfeUd4d2NqZXZJLXFZdlJjc2N0Y1FNa2V4SkVn0gGOAUFVX3lxTE9nNFBCZXMycmlxZDBMX2dyN2xVd1MxWFNwUFAtYXBCOTlkOWhUV0EtbElPeGI4OTJvV0VRQ2duUWt5Sm9mTDYxcmgwZ3FBeC1kemozaFVDTmthT1YtWFBrZXM5Zlp3V25INkJUZnJaRWRaZ29jWVVIVjVtZTJaVjVqcWZ5UmE1UnNDTV9SSFE?oc=5) · WTOK
- 2026-04-24 [Meridian Mutual backs Meridian Blues as top-tier sponsor - Meridian Star](https://news.google.com/rss/articles/CBMimAFBVV95cUxNWWxUSmNFTjlieDcxdjJKNEFDd014MGN4VmFvQkxDcE1DNW1VQmtIQnNRNGthcWtmZ1NSU3hlUldUeTBsRy05QUt1Zkp3QUNnTHpVbExLTk9sMjRGQVZDZThZR3lpRVZJRVdVVG1ERXI2bGpEVmNGa3RxbXUzRjRPdV9TY2dRN0U4N1ZRWDRNM3djamRya2ljMQ?oc=5) · Meridian Star
- 2024-07-24 [Meridian Mutual prepares for I Love My Credit Union Day - WTOK](https://news.google.com/rss/articles/CBMijAFBVV95cUxPT2c5WThDamVyS0JMZWJtNGdFbmF1QUgzSGZzY0M0NVQ3WGZJb2NlWkdob3Z5OXJoeGM5d1M0a1Y0SkJ2anBtSFY3cW5Vb3ZsZy1nQmlYWlEzYW5EWHc5ZmR0UjZ6bGNKdGk0WF9GSHM1WWNYbnZqUVoyMmxyOEt3dVE3RkNMcGF0T0FjTtIBoAFBVV95cUxPUGdOTlRHLWxXUS1WMDFJMkVUVkNOOE9ocVlOc2Y4NTlIZ2JpbXFVbDYzeFRwMlUyVXA1TmptNGNmYVJONk5rTkNUbE9QemtxVTNSUFlmSC1YcTFtUGtfOXU5MUhLZXZFQVc1NXFYeXAzUzl4UVhaWlNNMUI2SFd2ajh4ZWZ6OG5FaXlmNGc4UWE5ek5URUdlR3I5RUppQ0lN?oc=5) · WTOK
- 2024-07-26 [I love my credit union day - WTOK](https://news.google.com/rss/articles/CBMia0FVX3lxTFBVUEVFZTA0aHNYRS10czd0YzlKckoycmwtbTZRd0JtVXhaVU9tLU9ZcHRtOERUZUt3S0dPZElFSEdEUlVPbHZJUEdhX1pNN0JhOFR1d3ZNQ1VyTldkeHdsRXJ1M0FJV0g5Sy000gF_QVVfeXFMTV84WDZmSmhCOG0ySmxmRnMwQTZBQWhxRzZRdUVnaW9nbFVYb3lVSjFwZk1TWTJpd1pJYnZQQXBpNWZHcmZtY2tXOFJiOFpjRDFlZm1QMDExSnh4eC14NENLQjJiZEJuZm1YMGliWEhnNWVFSk4yU0txUERUcGpmWQ?oc=5) · WTOK
- 2024-08-29 [Meridian Mutual Federal Credit Union Hosts a BBQ Raffle Friday for Batson Children's Hospital - WTOK](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOVm1ON0d2bnJMNW5qTVlySTJBZHQweG1lekVMZVdOQWt0Z0RWSjVTeGFfMHN1ZHVjOGk2ZlE2SGhHTVpVUF8zeFdTSWp2ek15ejU5MGNKVkFISm5qWnQ0a0JlREh1cWV5R01uVnUxeENodEg1eWJkRzhNT1Q3eDI1aGhvOXlrZHlSWHg3U29nZVN6TjVNMW9keHprQXl6SzFXWERvdXRmcTZibUk2Uk8xSEdWY2JPalY3QVVUcE90TDRWLTQ?oc=5) · WTOK
- 2025-04-13 [Credit Unions around the Meridian area hosts 2nd annual Credit Union Easter Egg Hunt - WTOK](https://news.google.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?oc=5) · WTOK

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8433 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/49.json (key "8433", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=8433
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide