Meritus Credit Union1101 Parkview Dr, New Iberia, LA

New Iberia, LA
(337) 335-1100
NCUA Insured

About Meritus

This branch of Meritus is located at 1101 Parkview Dr in New Iberia, Louisiana, and can be reached at (337) 335-1100. Meritus is a federally insured financial cooperative serving the New Iberia, Louisiana community. Established to provide a secure alternative to big banks, they focus on member service rather than profits. If you are comparing options, you can also browse other credit unions in New Iberia or review your personal loan options.

Not-for-Profit

Profits are returned to members via better rates & lower fees.

Community Focus

Local decision making and support for the New Iberia area.

Key Member Benefits

  • Payday Alternative Loans (PALs)

    Access small loans up to $2,000 with rates capped at 28% APR. A safe, regulated alternative to predatory payday lenders designed to help you handle emergencies.

  • Credit Builder Program

    Specialized loans designed to help you establish or rebuild your credit score safely and affordably.

  • Financial Counseling

    Expert guidance on budgeting, debt reduction, and wealth building to help you achieve financial stability.

  • First-Time Homebuyer Program

    Special mortgage programs with lower down payments or rate assistance to help you buy your first home.

  • Bilingual Services

    Full service available in multiple languages to support our diverse community.

  • Low-Cost Wire Transfers

    Affordable wire transfer services, making it easier to send money domestically or internationally.

  • Free Checking

    No-cost share draft accounts (checking) with no monthly maintenance fees.

Location & Branch Hours

Visit Branch

1101 Parkview Dr

New Iberia, LA 70563-2884

Lobby Hours
Closed

The credit union lobby is currently closed.

Today: 9am-5pm

SundayClosed
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
SaturdayClosed
Drive-Thru Hours
ATM Hours

24/7

Holiday Hours

New Year's Day(January 1)Closed
Martin Luther King, Jr. Day(January 20)Closed
Mardi Gras(March 4)Closed
Good Friday/Easter(April 18)Closed
Memorial Day(May 26)Closed

Need Funds Before You Join?

How to Join

Membership at Meritus is typically open to individuals who live, work, worship, or attend school in New Iberia and surrounding areas.

Standard Requirements:

  • Valid Government ID (Driver's License, Passport)
  • Social Security Number (SSN)
  • Proof of Address (Utility bill, Lease)
  • Small opening deposit (Usually $5 - $25)

We recommend contacting the branch at (337) 335-1100 to confirm your eligibility before visiting.

Membership and underwriting can take time. If you need funds while your application is in progress, you can explore installment loans or, if your credit history is still developing, review loan options for bad credit.

Services and Loan Types

Like most credit unions, Meritus typically offers the following services. If you want to weigh these against online options, you can compare debt consolidation loans or, for those rebuilding their score, look at loans for fair credit:

Loans & Credit

  • Personal Loans: Unsecured loans for debt consolidation or emergencies.
  • Auto Loans: Financing for new and used vehicles.
  • Home Loans: Mortgages and Home Equity (HELOC).
  • Credit Cards: Low-rate Visa/Mastercard options.

Banking & Savings

  • Checking Accounts: Often free with no minimum balance.
  • Savings Accounts: Share accounts with dividends.
  • CDs & IRAs: Long-term savings options.
  • Online Banking: Mobile app and remote deposit.

Verified Branch Services

ATM

Frequently Asked Questions

Is Meritus federally insured?

Yes, as a federally chartered or insured credit union, accounts are insured by the **NCUA (National Credit Union Administration)** up to $250,000. This offers the same level of protection as FDIC insurance at traditional banks.

Who can join this credit union?

Field of membership typically includes residents of New Iberia, employees of specific local companies, or family members of existing members. Contact the branch directly for the most current eligibility list.

Other Meritus Locations

3 additional branches in 1 state

LouisianaCurrent State

3 locations
Meritus Credit Union in Lafayette, LAMain OfficeClosed

515 Guilbeau Rd

21 mi away(337) 989-2800
Meritus Credit Union in Carencro, LAClosed

724 Veterans Dr

26 mi away(337) 896-2900
Meritus Credit Union in Crowley, LAClosed

331 Odd Fellows Rd

38 mi away(337) 785-0810

Credit Unions Near Me in Other Louisiana Cities

Looking for credit unions near me in other Louisiana cities? Browse credit unions in nearby locations:

View all credit unions in Louisiana

If Meritus Credit Union isn't the right fit

To borrow from Meritus Credit Union you generally need to qualify for membership and meet its lending criteria, and not every applicant is approved. If you don't qualify, need to compare rates, or want to review more options, you can connect with online lenders serving Louisiana. Applying is quick, and funds may be available as soon as the next business day after approval.

Fast Fair Loans is not a lender, does not make credit decisions, and cannot guarantee loan approval or amount. Loans are not available in all states.