Credit union · NCUA insured
MPS Credit Union
A $192.9M credit union headquartered in Miami, FL, with 12,825 members and 3 branches in Florida. Best rates: CDs 2.50% and savings 0.05% APY.
MPS Credit Union Carrot Score
69
Carrot Score
Higher than 25% of U.S. banks and credit unions
#47 of 67 in Miami, FL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About MPS Credit Union
Created in 1928 by postal workers to provide financial services to owner-members, MPS Credit Union was chartered under state charter as Miami Postal Service Credit Union in May 1930.
Headquartered in Miami, Florida, the institution operates as a member-owned financial cooperative.
The credit union focuses on providing accessible and affordable financial products and services to members and local underserved communities.
- Headquarters
- 2190 NW 72nd Ave, Miami, FL 33122-1824
- NCUA charter
- 67330
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, or worships in Miami-Dade, Broward, Palm Beach, Monroe, Martin, or St. Lucie Counties.
Employers and groups
- Businesses located in Miami-Dade and Broward County can join the credit union.
Military, government and schools
- Membership is open to postal employees and retirees as well as Federal Government employees.
Family and household
- Membership is open to families of Federal Government employees.
- Immediate family members of credit union members are eligible to join regardless of where they live.
Cost to join
- Joining requires opening a Member Savings Account with a $5 deposit (representing a share in the Credit Union).
Branches
3 branches in Florida
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Florida
3 branches
- Main OfficeMain office2190 NW 72nd Ave, Miami, FL 33122Directions
- Miami Gardens (MGB)6171 NW 183rd St, Hialeah, FL 33015Directions
- Pinecrest Branch (PCB)12677 S Dixie Hwy, Southpark Center, Pinecrest, FL 33156Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.25% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.26% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.16% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $71 | $76 | — |
- CapitalNet worth ratio9.25%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.26%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.16%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$71Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of MPS Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.