Products & Services
As a member of Meridian Mutual FCU, you have access to affordable financial products including several types or savings accounts, checking accounts and low cost loans. To learn more about our financial products simply click on the above link. If you need additional information please feel free to contact us.
At Meridian Mutual we offer much more than just competitive rates. We also offer many free and low-cost services to make your life easier. Our goal is to be your primary financial institution, and as such we are determined to bring you the very best in service.
VACATION CLUB OR SPECIAL SAVINGS — Let Meridian Mutual help you plan for that special vacation or big item purchase. There is no minimum balance requirement for these accounts, however in order to obtain dividends you must maintain a $100 balance in your account. Dividends are calculated on the average daily balance and are paid quarterly once declared by the Board of Directors.
CHRISTMAS CLUB — At least once during the year we all have a need for some extra cash—Christmas time! If you’re like most people, it isn’t always easy to set enough money aside ahead of time to cover these expenses and we usually end up putting these costs on a high interest credit card. Let Meridian Mutual help plan for these expenses by opening your Christmas club account. It can be opened at any time. Dividends are calculated on the average daily balance and are paid quarterly once declared by the Board of Directors. For your convenience, the funds are transferred into your share account on October 1st.
CERTIFICATES — When your savings have grown, or if you have an additional amount to invest, you may be ready to take advantage of a share certificate. A minimum balance of $1,000 is required and terms of 6, 12, 24, 36, and 48 months are available. Rates are competitive and are declared by the Board of Directors. Dividends are compounded quarterly or paid at maturity.
IRA ACCOUNTS — A successful and enjoyable retirement requires the vision to plan for your future now. An Individual Retirement Account will help fulfill your vision of a happy retirement and help decrease your tax burden now. Meridian Mutual offers an IRA Certificate with the same rates and terms as the regular certificates. Also offered is an IRA Club account—dividends are declared and posted monthly based on the average daily balance.
VEHICLE LOANS—NEW AND USED — Searching for just the right vehicle can be extremely time consuming. Don’t waste additional time searching for a place to finance your loan. Terms can vary up to 60 months with full financing—100% of the selling price or 100% of the NADA retail book value which ever is less. Check the rate schedule for current rates.
RECREATIONAL VEHICLES—NEW AND USED — Dreaming about a new boat or perhaps a motorcycle--Meridian Mutual offers the same rates and terms for these items as vehicle loans. Check the rate schedule for current rates.
SIGNATURE LOANS — Meridian Mutual can provide you with the cash you need….fast! A signature loan is an unsecured personal loan. Use your signature loan for bill consolidation, major purchases or unexpected expenses. A signature loan is a fixed rate loan with low monthly payments and up to 3 years for repayment. Check the rate schedule for current rates.
NEW FURNITURE AND APPLIANCES — Meridian Mutual has the loan for you! In need of a new refrigerator or maybe a computer--check with us for a fixed rate, low monthly payment loan. Check the rate schedule for the current rates on these loans.
FULLY SECURED LOANS — A fully secured loan is one that is secured by the funds you have in either your share account or in a certificate. The rate for a fully secured loan will be 2% above the rate being paid on the certificate. The rate for a share pledged loan is 4%.